Tuesday, August 18, 2009

How would you handle these offers? Could you survive the tank?

ABC's new reality program Shark Tank is an American take on the British "The Dragons Den" where venture capitalist bring in entrepreneurs to pitch their businesses for a shot at investment. Some of the entrepreneurs are absolutely insane, but some are genuine business geniuses who make both good and bad deals and, some of whom, will definitely live to regret the deals they close with the sharks.

This episode, which is week two, shows some of the stark reality of negotiating with venture capitalist when your business is on the line. Excellent show and I can't wait to see the next episode.