The "sharks" on Shark Tank are better investors because of their diversity as well more options to see your company or product grow in different directions. Shark tank is a better option for me and my company because they offer more financial support as well as more contacts for retail. While Marcus Lemonis has a lot to offer, he likes to get involved and take over the company he is investing in for a period of time. This would not be a good fit for my company because my business partner and I already have our plans laid out and don't want to give up 50 percent of our company. The main difference between the too is the amount of equity that is given. The sharks offer money for a smaller part of the company while Lemonis is trying to take over the entire company. For these reasons, The sharks would be a better option for my company than Lemonis.

No comments:
Post a Comment