Shark Tank Update
posted on 5/18/12 by Sue Kruskopf, Co-Founder
There is more and more chatter on line about what happens after companies appear on ABC's "Shark Tank." I thought it would be a good time to post on this because it is ALL GOOD! The connections we've made once we sorted through our emails (and got rid of the crazies) have been amazing. More on that later...
The reality is from what I've read online is that the Sharks do a deal on TV with about 50% of the companies based on past shows. But what happens after is that only about half of those actually get funded--and sometimes it is the entrepreneur that decides not to do the deal, because the Shark's idea, well....sucks.
So while we didn't get an investment, the quality of people that came through have been amazing. If you have a great idea that has the potential to make money, i think people--and companies--will find you.
So as Nancy and I are following up on a number of opportunities, we'll let you know.
Thanks again for your support of our site--we couldn't do it without you.....
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