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A comment on Newton inventor claims ‘Shark Tank’ is all a lie.

Re:Newton inventor claims ‘Shark Tank’ is all a lie by DrSayre on Friday September 16, 2016 @11:53AM (#12514849)
Everybody who watches this show knows the Sharks can pull out of the deal later on. I enjoy the show, even though I realize a lot of it has to be staged. However, I don't like how they force the people to make a decision within minutes, but the Sharks can research the product some later and pull out if they want to.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by angryasian on Friday September 16, 2016 @12:08PM (#12515001)
The thing is that either side can pull out of the deal after the show. I've heard that some of these pitches and discussions can go on for an hour or more and television edits it down to 15 minutes.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by weaksauce on Friday September 16, 2016 @12:58PM (#12515405)
Herjavick said (in his Reddit AMA iirc) that most pitches are about two hours long.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by makomk on Friday September 16, 2016 @01:54PM (#12515886)
Originally they required contestants to give up 5% of their company just for appearing on the show, whether they got a deal or not.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by bruceb on Friday September 16, 2016 @02:08PM (#12515990)
>Everybody who watches this show knows the Sharks can pull out of the deal later on.

This is a show is on ABC which is over the air broadcast TV. The most mainstream there is. I guarantee there are a ton of people who don't know the nuances of reality TV.

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Re:Newton inventor claims ‘Shark Tank’ is all a lie by troygoode on Friday September 16, 2016 @12:07PM (#12514982)
I mean, they're not signing anything up there. The founders can also pull out of the deal after the presentation.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by dhimes on Friday September 16, 2016 @12:04PM (#12514955)
It was entertaining at first but I don't really bother to watch any more.
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Re:Newton inventor claims ‘Shark Tank’ is all a lie by jandrese on Friday September 16, 2016 @04:03PM (#12516917)
I've only watched a couple of episodes, but it seemed like the deals they offered were pretty terrible. Granted the products weren't great but when the deal is "<paltry sum> for a 51% stake in the company" I was like "Who would take that?" And of course they did.

I guess Shark Tank is where you go when all normal investors have already turned you down.

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