So now no more Shark Tank? I miss the original

be serious muganda. $1000?

Please get real sharks here. There are guys at VC level who can invest in an idea. Not pretent to give someone $1k take 20% of his company and end up as an employee.

But I'll watch it coz I like good ideas. Like the banana one and the recycling one.

The one on microdots was not an idea it was a distributorship for a company in the US.

Let's be serious for once shall we?

KCB sent me a text that woke me up @ 2.20 am today. It was notifying me about their new show. But I'd already watched it

Anyway, it wasn't bad if one hasn't watched Shark Tank. Because you start doing comparisons and seeing where they did direct copy pastes

But it's a good start.

They need to get serious investors on the show. You can't have someone asking for 50% of the company for an investment of 100k. That's just absurd. Other than that Chandaria dude (daddy's money), none of those investors have deep enough pockets to make worthwhile deals. This show will fizzle out soon because people want to see real deals. As soon as that one guy asked for a 50 million investment I knew he wouldn't get it because that amount might be one of the investor's whole net worth. Lol. Get the Kirubis, Vimal Shahs, Jimnah Mbarus and people like that who have the capability of dropping 100m on a great idea and maybe it will elicit more excitement. These lions are wannabes.

@Alma good points; the guy offered what was asked in each case though
@hamburglar the Homeboyz guy has built a KShs Shs 500m - 1bn business with twelve subsidiaries

I am all for this show.

But

The producers have to be serious. I guess we are going to get all sorts of characters in this show. From those who don't even have a product to those that want publicity as Masukuma said.

For us to get serious businesses showing up, the producers do have to be serious about their show.

For example, get rid of calling it KCB anything. Otherwise it starts sounding like one of KCB's products. And we all know how fogothari they are. Just like the original shark tank, let no one play around with your idea. Otherwise next year we shall have Equity Shark Tank and Citizen Fish Tank.

Second, please get REAL investors. It's true, the only investor up there is Rabar. The rest are just promoting their businesses. It's as if they got fellows from their drinking clubs to show up. "Hey, would you like to be a shark? Ohh, sure!"

Producers should also vet the entrants. I wonder if its true that the entrants had to first get a KCB account. Please say its not true. A guy asking for 1k dollars is not a business, that's an idea. Kind of what I do with failing websites. lol

And please get these fellows asking questions. Not telling us that it doesn't look good. To whom? I wondered why they did not interrogate the paper fellow. He had revenues of 50m per year. Sure his product was not perfect, but that's the whole reason for a VC...Or are these fellows trying to change what VC means.

If the producers do not get their act together in the second season, this will end up like vioja mahakamani.

But I'm happy to see the VC market opening up in this country. A lot of young people have great ideas but no visibility. Great start but terrible cast of sharks. I wouldn't pitch to those fellows my Tomato greenhouse.

Very true, these sharks have no teeth but the idea, though a franchise or copy of the Dragon's Den is brilliant.
I agree with @alama, this mambo of opening accounts is nonsense but struggling NTV can't pull this without a sponsor. I would close that account immediately after.
I like the Chandaria guy,he's very objective and realistic.

Very few of the deals struck during Shark tank come good. Most are dropped after due diligence.

Are you sure?

Watch here

https://www.youtube.com/...KZ14jQ8&app=desktop