We are fans of this show - and I remember watching the (original?) British version way back when.
The show has been a steady hit in ratings and doing very well, even with younger audiences according to Nielsen.
While the people on the Shark Tank are mostly cutthroat, it does keeps the show somewhat real in the sense of what to expect if you take your idea to anyone with the expertise and money to back you.
I am interested in seeing new ideas and new products. Some of the things people bring are of course absolute crap, but every once in awhile there are some interesting ideas.
A few seasons back, there was a fireman who came up with a clever way to attach a hose to a spigot (instead of having to screw it on) - he started off with the regular hoses firemen use. It was pointed out that it was a great idea, but somewhat limited in that there are only limited sales to limited fire departments. Then he pulled out a smaller version for home use on garden hoses and suddenly the “Sharks” were bidding against each other to grab onto the idea.
Here in Vegas, they had an “open audition” for people who want to be on the show and there was a huge line 24 hours before the auditions started. It was covered by the local news. It got me to thinking how this show was getting people to think of new ideas and innovations. Once again - many of the things they were showing locally were utter crap, but the idea that people were out there thinking and trying to come up with new products and innovations was sort of encouraging.
Just wondered if anyone else is watching?
What do you think - waste of time and effort, or interesting insight into the process of marketing new products?