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Shark Tank

The Model for a Successful Startup is Broken

by · January 15, 2013

If you’ve ever watched Shark Tank, then you’ve seen Mr. Wonderful beat up a startup because they will kill his money, Daymond’s questioning to determine whether a product has retail and branding potential, Robert’s uncertainty over whether a product can be successful online, Lori’s probing about whether a company has something that can be patented or Barbara’s reservations about whether a company has a viable long-term business model. I am a huge fan of Shark Tank. And I’m honestly speechless and so proud of Jason Falls, who recently spoke on a panel with Barbara Corcoran at Entrepreneur Magazine’s GrowthCon. Being such a fan of Shark Tank and of Barbara in particular, it spurred some thinking for me about what is happening in the startup community.

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