A description: a small businessperson comes to 5 rich people (the "sharks") with their business and an offer (e.g. $48k for a 25% stake). The businessperson pitches their idea. The sharks ask questions ("how much do you sell in a day?" "how much does it cost to make this?"). The sharks make counter offers (most involve the same amount of money for at least a 51% stake). They show off their advantages ("you want me to invest because I know retail, and you're a retailer"). Isn't this the kind of transparency that we want?
Now, yes, it's a bad show. The sharks brag about the great deals they've made and how rich they are, without mentioning the fact that, say, he made his money by selling at the peak of the bubble and Mattel's acquisition of his company "has been called one of the worst acquisitions in corporate history."
But this is major network tv. We need bad shows to rally around, so that there will be less popular but better shows. For instance, Saturday Night Live. Sucks. But it takes there being an SNL for there to be a Dana Carvey show (which featured Steve Carrell and Stephen Colbert).
And yes, it's not about tech. It's about consumer retail and people making stuffed animals with cubby holes so that kids can organize their playroom by anally fisting a monkey. That's not interesting to the tech crowd. It's not really interesting to any crowd.
But this is the first show that has people present business plans, then criticize them, and giving you a glimpse into how capitalists think and operate. Shouldn't we be singing ABC's praises for giving us even this?
