[smt88]

Sacca was absolutely right. It's bizarre that Paul Graham thinks anyone appearing on Shark Tank is doing it as a substitute to traditional fundraising. It's entertainment, not investing, and it's fantastic exposure for the participants.

Telling people to do something like YC instead of Shark Tank is like telling people to do YC instead of appearing on The Tonight Show.

[sharemywin]

To me they are for totally different types businesses. Most of the Shark Tank businesses are hope to get on QVC type products/businesses which would never get into YC. Very few software companies try to get on there. probably because the valuations are much more inline with traditional business valuation not high grow companies.

[smt88]

I agree, which still reinforces the point that it's really weird for Paul Graham to attack Shark Tank. They're just totally different entities with different purposes.