He danced around giving accurate numbers (the average successful asking price) and the graphs were occasionally made so as not to give away too much useful information. And that is the genius of this video - to allure prospective shark tank applicants and entice them to purchase the data set which Slidebean created and analyzed. This video isn't a breakdown of Shark Tank, its a business pitch itself.
I don't think the conclusion is significant when you compare " 50% of companies fail within the first 5 years " to "57% and 62% of companies that appeared on Sharktank do great" considering the finalists of Sharktank are well-screened through multiple rounds, likely making them better-than-average propositions in the first place. The marketing appeal looks like the most significant factor
Yeah that's what I've been thinking as well, they're already choosing the best options, so ofc the % success rate will be high, regardless of being on TV or having a deal at all
The point is obviously appearing on 'Shark Tank' is worth due to the exposure and the process, in spite of the downside - like relinquishing a non insignificant amount of the share of the company just for the being a participant retained for the show, regardless of whether or not you end up on TV.
@@jizzlecizzle1388 The video hasn't shown any data that can prove this. They're already picking the top businesses and the video showed most of the businesses that appear on the show are successful.. Well, maybe that's because they are picking the top choices in the first and not due to their appearance on the show?.. So yeah still the video didn't show any data that proves what you just said.
Had loads of fun making this one: I don’t expect I’ll ever be on Shark Tank, so green screen is as close as it will get. Also dusted off some of my old 3D animation skills.
Do you mean to tell me you to make the entire video on your own? I thought you had a team involved, regardless it is a very impressive channel you have. I am always trying to learn from your channel and implement on mine.
Wow! Shark Tank indeed has been misleading! Thanks Slidebean for disclosing this. I knew many deals were not closed even though on air they did. But the numbers were way off in my mind. Shark Tank should disclose the status of their deal after the season or sometime later. And about the royalties, damn that's crazy to continue paying them, but also makes sense that these startups got free marketing for their product and the company.
@@LILDroidDEX then….don’t go on shark tank. Though, by your simple conclusion, I would venture to say you don’t understand how private equity or any of this stuff works.
As you said, even if they don't get the deal and get heckled by the sharks, just the air time showing their products might get them the needed sales or other investors just to keep the company floating and improving. And considering such a small portion actually get through to the actual filming, that usually means their companies are that good or good enough to fool the shark tank (which is in itself impressive). So if you're comparing a carefully but meticulously filtered group of companies to the average company out there, the differences will show. I mean... let's say you select a small number of more fit than average people, but not actual professional athletes. Those people will perform better in sports than your average person.
Wow the 5% equity deal or 2% royalties (forever) just to be on shark tank proves that there is no such thing as a "free lunch" in life! Reminds of that famous quote from that 'social dilemma' documentary- if the product is free, then you are the product.
And you'd still see Mark get mad at founders for coming on the show just for marketing instead of taking investment every so often; if I paid to get marketing in equity/royalty then you can't get mad at me for taking what I paid for
the success-rate should be applied to the 40k companies which apply to compare against the 80% start-up failure rate. The pre-selection process is indeed a part of a start-up process, but only looking at aired and approved shows is misleading.
Can’t agree with that one. The 40,000 is just a completely random pool of companies: some might not even have products or formed teams by the time they apply. I’m not even sure how many we can call ‘companies’.
@@cayahere Agree, valid argument. However if we assume that at least 50% of the 40000 is at least equal to have the title as a "startup" for the sake of comparison. I do get the argument that of the companies which aired "a lot" make it vs. not make it which is definitely a better success rate than in the "industrie". Thanks for the video. I would be curious of how many of the 40000 applications which did not make it in the TV the success-rate is
This was interesting, I wish you had gotten a chance to cover the arrogant wine in a glass guy that came back into the tank twice. He never intended to make a deal with the Sharks, his only plan was to capitalize on exposure from the show. I'm sure there may be other memorable characters from the out there, good and bad, that would make for an interesting sequel video to this to learn from
I’ve seen a couple of Shark Tank episodes and was intrigued initially. Then by the third episode, it was clear that it’s just entertainment by stomping on peoples hopes and dreams. American Idol formula.
At 9:30, you mentioned that healthcare comes second but the chart shows clothing at 11.8% which is higher than healthcare at 9.7%. So, food and beverage indeed comes first at 24%, clothing comes second at 11.8% and kids products comes third at 10.3% Healthcare doesn't make it until the fourth position
Would be cool to know the success rate of each shark. Which ones has the most business successes or failures. How much money was made, percentage of investment and money lost.
I mean man if you're vetting companies that hard to even get on I'd bet their business in general is in the 75th+ percentile of overall businesses so the low failure rate isn't really shocking... Like if those businesses failed as much as any other business then there'd be a huge problem lmao
If you're going to accurately compare the Sharks, then you have to use "like-kind" numbers. You can't say 80% of startups fail as a comparison because most of those fail for not having the funding, which is the problem the Sharks solve. The better comparison would be to compare the Sharks against something like YC or another VC.
1 piece of the puzzle is missing : deal structure. When a shark says "I invest $x for y% of your business" they are unlikely to get common shares like the founders. Many sharks have done convertibles.
believe it or not, recently i watched shark tank's video like a lot, and few minutes ago, i got slidebean ads on youtube, i have no idea what is it so did some research, then 20 minutes later, slidebean publish this video this algorithm is CREEPY af
The algorithm is effective. To have a balanced view and opinions, out of TH-cam and it's content. It helps prevent toxic fan groups...and gives you all available sides of the story.
I think slidebean and shark tank share interests like pitch, investor and a couple of the in-betweeens. Also their youtube audiences are typically identical. Its not ironic that the moment their keywords intersect (for this case "shark tank"), both Shark tank and Slidebean fans should not see this videos' recomendation. Its also important to note that the video's meta data sync onto their system first, while the video itself is still processing in the background. The algorithm knows you will want to watch it before its even available.
Charging equity just for appearing is a bad deal for Shark Tank. Quality companies will not accept this deal and only the low-quality, desperate ones will.
The truth is whether you get the deal or not, your business can be successful or a failure. Probably most people that goes their either 1.) For the resource (money, management, etc.) or 2.) Exposure The more intriguing part is what happen after
when first season of Shark Tank India concluded last year a YT channel @India in pixels made a great data centric video on it but you guys gave more industry insights , Slidebean kudos to you and for that reason I am in.
This could be a case of survivor bias, only the companies that make it into the show may be the reason for their success because they were able to get through the application process and not weeded out for things that usually cause small businesses to close.
Hey caya. Great video as always, though I was looking forward to amazing graphics as always as especially for this video the Data Visualization was really crucial. Nonetheless, great research. Can you by any chance open source the raw data you gathered from Shark Tank for Research and Education purposes?? It would be amazing to analyse and find certain trends, let us say using sectors, or demographics, or anything else. Regardless, great video!
Not sure about this Shark Tank but from the Indian Shark Tanks, Start ups does not discloses the deal they want to anyone nor does sharks knows about the coming businesses. So There might be a Deal on Show but it is subjected to the due diligence process from Shark them selves.
And you'd still see Mark get mad at founders for coming on the show just for marketing instead of taking investment every so often; if I paid to get marketing in equity/royalty then you can't get mad at me for taking what I paid for
You didn't really answer the main question that is the title of this video ("Are the Sharks actually good investors?"). You basically just looked at the stats of outcomes but not at all whether the sharks themselves helped improve those stats in anyway vs just the exposure on TV. They could be horrible investors and the TV exposure still have helped many businesses - who would know? I was hoping you actually had some real information about how founders felt working with the sharks after closing a deal or stories about how a shark's involvement in the business made a difference (vs just pure cash).
📣 Our TH-cam subscribers get a 10% off in our Design Services: checkout.slidebean.com/community?
He danced around giving accurate numbers (the average successful asking price) and the graphs were occasionally made so as not to give away too much useful information. And that is the genius of this video - to allure prospective shark tank applicants and entice them to purchase the data set which Slidebean created and analyzed. This video isn't a breakdown of Shark Tank, its a business pitch itself.
Lmao nice catch
It's both. That's the theme of this channel. Slide always has to pitch themselves because thats the point of the channel.
I also don't think it's factual, I've heard that those 10 min pitches are highly edited for tv and actually go on for sometimes hours.
The pitching time isnt just 10mins, they cut it down to that time for tv, it usually lasts 40 to 1hr.
I don't think the conclusion is significant when you compare " 50% of companies fail within the first 5 years " to "57% and 62% of companies that appeared on Sharktank do great" considering the finalists of Sharktank are well-screened through multiple rounds, likely making them better-than-average propositions in the first place.
The marketing appeal looks like the most significant factor
Yeah that's what I've been thinking as well, they're already choosing the best options, so ofc the % success rate will be high, regardless of being on TV or having a deal at all
But that’s exactly what he was praising The sharks for isn’t he? Their ability to pick good businesses not their ability to make them successful
@@detectiveMM No he concluded that the program is good for business..
The point is obviously appearing on 'Shark Tank' is worth due to the exposure and the process, in spite of the downside - like relinquishing a non insignificant amount of the share of the company just for the being a participant retained for the show, regardless of whether or not you end up on TV.
@@jizzlecizzle1388 The video hasn't shown any data that can prove this. They're already picking the top businesses and the video showed most of the businesses that appear on the show are successful.. Well, maybe that's because they are picking the top choices in the first and not due to their appearance on the show?.. So yeah still the video didn't show any data that proves what you just said.
Great video (again), had no idea about the deals the applicants had to make with the show itself to even get broadcast. US docudrama is so cynical.
I love how in-depth these videos are I would have never though of looking in to the details of how it all works.
That's how Murica works
Had loads of fun making this one: I don’t expect I’ll ever be on Shark Tank, so green screen is as close as it will get.
Also dusted off some of my old 3D animation skills.
Do you mean to tell me you to make the entire video on your own? I thought you had a team involved, regardless it is a very impressive channel you have. I am always trying to learn from your channel and implement on mine.
the 3D animation was kool. you should do more of it 😉
With AI who would invest in slidbean?
Amazing video as always 👏
"I would really like to prove it wrong - but I couldn't" - loved the honesty!
Wow! Shark Tank indeed has been misleading! Thanks Slidebean for disclosing this. I knew many deals were not closed even though on air they did. But the numbers were way off in my mind.
Shark Tank should disclose the status of their deal after the season or sometime later.
And about the royalties, damn that's crazy to continue paying them, but also makes sense that these startups got free marketing for their product and the company.
I dont like the royalty . One of the sharks like to ask for it alot. I would like to own 100% of my business
@@LILDroidDEX then….don’t go on shark tank. Though, by your simple conclusion, I would venture to say you don’t understand how private equity or any of this stuff works.
As you said, even if they don't get the deal and get heckled by the sharks, just the air time showing their products might get them the needed sales or other investors just to keep the company floating and improving.
And considering such a small portion actually get through to the actual filming, that usually means their companies are that good or good enough to fool the shark tank (which is in itself impressive).
So if you're comparing a carefully but meticulously filtered group of companies to the average company out there, the differences will show.
I mean... let's say you select a small number of more fit than average people, but not actual professional athletes. Those people will perform better in sports than your average person.
You guys are going to get a million subs by end of this year.
If you could release the data, it would be interesting to find the correlations and reasons if shark tank actually helped.
Wow the 5% equity deal or 2% royalties (forever) just to be on shark tank proves that there is no such thing as a "free lunch" in life! Reminds of that famous quote from that 'social dilemma' documentary- if the product is free, then you are the product.
And you'd still see Mark get mad at founders for coming on the show just for marketing instead of taking investment every so often; if I paid to get marketing in equity/royalty then you can't get mad at me for taking what I paid for
This rule ended in 2013, 9 years ago. This guy didn’t do his research well
the success-rate should be applied to the 40k companies which apply to compare against the 80% start-up failure rate. The pre-selection process is indeed a part of a start-up process, but only looking at aired and approved shows is misleading.
Can’t agree with that one. The 40,000 is just a completely random pool of companies: some might not even have products or formed teams by the time they apply.
I’m not even sure how many we can call ‘companies’.
@@cayahere Agree, valid argument. However if we assume that at least 50% of the 40000 is at least equal to have the title as a "startup" for the sake of comparison. I do get the argument that of the companies which aired "a lot" make it vs. not make it which is definitely a better success rate than in the "industrie". Thanks for the video. I would be curious of how many of the 40000 applications which did not make it in the TV the success-rate is
It’s TV…so it’s absolute BS. Believing TV is real is like believing a magician performance
This was interesting, I wish you had gotten a chance to cover the arrogant wine in a glass guy that came back into the tank twice. He never intended to make a deal with the Sharks, his only plan was to capitalize on exposure from the show. I'm sure there may be other memorable characters from the out there, good and bad, that would make for an interesting sequel video to this to learn from
Joseph Falcone is the arrogant wine entrepreneur. He ended up stealing 500k from investor and went to jail.
I’ve seen a couple of Shark Tank episodes and was intrigued initially. Then by the third episode, it was clear that it’s just entertainment by stomping on peoples hopes and dreams. American Idol formula.
For every 1000 mukbang channels there is a Slidebean. Gotta appreciate content of this quality 👌
At 9:30, you mentioned that healthcare comes second but the chart shows clothing at 11.8% which is higher than healthcare at 9.7%. So, food and beverage indeed comes first at 24%, clothing comes second at 11.8% and kids products comes third at 10.3% Healthcare doesn't make it until the fourth position
The earliest part of the video was super creative 👌 👏 🙌
This is the first Slidebean video and analysis I've liked the most, very nice
Love Xero shoes. They are amazing. I had no idea they were on Shark Tank.
I saw a video where Damon was saying that pitches are sometimes 1:30 hour long
Would be cool to know the success rate of each shark. Which ones has the most business successes or failures. How much money was made, percentage of investment and money lost.
I mean man if you're vetting companies that hard to even get on I'd bet their business in general is in the 75th+ percentile of overall businesses so the low failure rate isn't really shocking... Like if those businesses failed as much as any other business then there'd be a huge problem lmao
I really love your production. I can see the amount of money you put into it.
If you're going to accurately compare the Sharks, then you have to use "like-kind" numbers. You can't say 80% of startups fail as a comparison because most of those fail for not having the funding, which is the problem the Sharks solve.
The better comparison would be to compare the Sharks against something like YC or another VC.
1 piece of the puzzle is missing : deal structure. When a shark says "I invest $x for y% of your business" they are unlikely to get common shares like the founders. Many sharks have done convertibles.
Could you please expound on this?
believe it or not, recently i watched shark tank's video like a lot, and few minutes ago, i got slidebean ads on youtube, i have no idea what is it so did some research, then 20 minutes later, slidebean publish this video
this algorithm is CREEPY af
We call it a marketing success story 🤗
The algorithm is effective. To have a balanced view and opinions, out of TH-cam and it's content. It helps prevent toxic fan groups...and gives you all available sides of the story.
Creepy: unknown that affects you...go see Gaming Theory
I think slidebean and shark tank share interests like pitch, investor and a couple of the in-betweeens. Also their youtube audiences are typically identical. Its not ironic that the moment their keywords intersect (for this case "shark tank"), both Shark tank and Slidebean fans should not see this videos' recomendation. Its also important to note that the video's meta data sync onto their system first, while the video itself is still processing in the background. The algorithm knows you will want to watch it before its even available.
That intro was fire!
Charging equity just for appearing is a bad deal for Shark Tank. Quality companies will not accept this deal and only the low-quality, desperate ones will.
Great video, I’ve been a fan of the show for more than 10 years.
Guys, I love you and your videos! You doing something, that no-one does!!! Thank you
This was dope. Thanks.
Incredible video, great work
Quality went up, we definitely notice. Great job
Great job on the video Slidebean! The intro was hilarious and I'm already excited for next week's video.
The truth is whether you get the deal or not, your business can be successful or a failure.
Probably most people that goes their either
1.) For the resource (money, management, etc.)
or
2.) Exposure
The more intriguing part is what happen after
for all the algorithm u deserve more engagement.
Such a data packed forensics episode. Amazing 🥳
Amazing research! Intro was super engaging.
when first season of Shark Tank India concluded last year a YT channel @India in pixels made a great data centric video on it but you guys gave more industry insights , Slidebean kudos to you and for that reason I am in.
Yeah. They go on the Tank to take their business to the next level
Great depth as as always. Always keeping honey and not necessarily throwing in your bias 🔥
Amazing episode, great work
If I may ask, where did you get the data from?
Oh this is a really interesting concept
Where can I get a copy of your work ???? Subbed to the channel !
This could be a case of survivor bias, only the companies that make it into the show may be the reason for their success because they were able to get through the application process and not weeded out for things that usually cause small businesses to close.
Agreed. I see no real statistical significance in what he mentioned
How do you create the charts for your videos
Hey caya. Great video as always, though I was looking forward to amazing graphics as always as especially for this video the Data Visualization was really crucial. Nonetheless, great research. Can you by any chance open source the raw data you gathered from Shark Tank for Research and Education purposes?? It would be amazing to analyse and find certain trends, let us say using sectors, or demographics, or anything else. Regardless, great video!
Awesome awesome! Much awaited topic!
I would love to see if the same compares for dragons den (UK equivalent)
What an analysis 🙏 respect
That is A LOT of forensic work
Not sure about this Shark Tank but from the Indian Shark Tanks, Start ups does not discloses the deal they want to anyone nor does sharks knows about the coming businesses. So There might be a Deal on Show but it is subjected to the due diligence process from Shark them selves.
Nice analysis
Great video this show is could be seen as a marketing tool for these companies and for these sharks to find new deals off air etc
But it can lead to bad marketing after all that effort and time. As much as I would like to believe there is no bad marketing it is simply not true.
@@Thebreakdownshow1 What would make it bad marketing?
Amazing videos... Subscribed
Where do I find this spreadsheet?
Thank you!
@slidebean Chartmogul sponsors your videos, but you don't integrate w/ Chartmogul. We can't put our ARR/MRR charts in our pitch deck.
Oh dear...
Haha that was a good one! I was like "I don't remember this episode."
One minute into the video and I already like it
Man I wish we had a thumbnail collection for all of the ones you put up
Vetting process definitely skews the data to weed out the weaker companies. Should be much much higher than industry standard.
How much did you invest on your studio equipment! I want to have a studio and production like yours
@ꜱʟɪᴅᴇʙᴇᴀɴ scam!! This is how you know a scam reply
10 mins are aired.... Mark has been saying each pitch goes for an hour sometime...
If you are a VC it pays real well to become a guest investor at sark tank. If increase the deal flow in traditional sense!!
Excellent video! 👍🏽
I watch Shark tank because I hate the Sharks, I want the businesses that get rejected to go on to be huge successes.
Do you have that spreadsheet
And you'd still see Mark get mad at founders for coming on the show just for marketing instead of taking investment every so often; if I paid to get marketing in equity/royalty then you can't get mad at me for taking what I paid for
ChartMogul link is not working.
Thanks! Here's the right link: youtube.slidebean.com/shark-tank
Always informative
Really would love to have that your excel file... 👍
very interesting insights!
Damn 😃 … I like the way you analyze stuff man - It's impressive, really impressive ! ! ! 👏👏👏👍🏻😅😅😅
It's not the sharks, it's the tank.
Great topic ❤️
We need database. Not just hype.
They usually are there for much longer than the 10-13 minutes that air
Didn't get much information about the ROI. Only the fact that the businesses are less likely to fail.
I watched Canadian TV and that show was on the loop practically all the time. Seriously nothing else going on in the country ?
Nice topic
Money comes and goes, the one who is financially educated will make more money from the money flows...... a fellow creator~~~~
10:36 You might want to spell check that spot.
does chartmogul work in Nigeria?
Sure thing!
You forgot to talk about your product Slidebean in this video and for that reason, I'm out!
i still love dragon den more than shark tanks
The pitch to the sharks takes hours not 10 minutes
Well, that's the cost of doing business.
You didn't really answer the main question that is the title of this video ("Are the Sharks actually good investors?"). You basically just looked at the stats of outcomes but not at all whether the sharks themselves helped improve those stats in anyway vs just the exposure on TV. They could be horrible investors and the TV exposure still have helped many businesses - who would know? I was hoping you actually had some real information about how founders felt working with the sharks after closing a deal or stories about how a shark's involvement in the business made a difference (vs just pure cash).
I have watched part of 3 Shark Tank shows
Their rude behavior toward founders turned me off
I am fine with direct people not rude
Sit and funnel to cherry pick the best. Tough gig.
I never comment on a video but this was crazy. So now just commenting to boost the algorithm. ;) good job gyus
LARQ did get a deal with Kevin and Lori
great vid!
What’s the point of zooming in on the lowest shark tank offer if you couldnt even see the offer amount?
The O Leary guy 🤣
Excellent video but why does slidebean look like an exhausted ninja in the thumbnail 😂
You say exhausted ninja, I say method acting :P
😆but it works though🤣been watching shark tanks videos and was a bit surprised if slidebean actually made it or pitched in.😅 great thumbnail🎉