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I could be wrong, but I looked into Shark Tank a little while ago and I don't remember this 5% equity or 2% royalty demand. It is something that would have really stood out to me. I think it's new and based on the popularity of the show. There are a few companies that I remember specifically (ChordBuddy and Scottevest) that I have a hard time believing would agree to appear on the show given those equity/royalty demands (based on how the founders acted with the sharks). It's going to scare away many potential businesses, and I can't imagine going on that show knowing that you're already down 5% in equity...

Can anyone confirm if this is new or not?




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