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Re:I am an investor in The Style Club. Or, at least, I thoug... by logn on Friday December 02, 2016 @01:57PM (#13091255)
They own a small percent of every company that appears on the show whether they make a deal or not. After agreeing to a deal, it is subject to due diligence afterward.
Re:I am an investor in The Style Club. Or, at least, I thoug... by koolba on Friday December 02, 2016 @02:03PM (#13091315)
> They own a small percent of every company that appears on the show whether they make a deal or not. After agreeing to a deal, it is subject to due diligence afterward.

They got rid of that clause after people called them out on it being horrifically unfair to everyone that pitches on the show.

Re:I am an investor in The Style Club. Or, at least, I thoug... by maxerickson on Friday December 02, 2016 @03:12PM (#13091893)
Notably, Mark Cuban says he called them out on it.

http://www.inc.com/will-yakowicz/mark-cuban-forces-shark-tan...

Re:I am an investor in The Style Club. Or, at least, I thoug... by adrianm on Friday December 02, 2016 @02:02PM (#13091303)
I believe this requirement was retroactively removed for companies appearing on the show.