SHARK TANK IS A SCAM??? [Video]

Every year after Shark Tank India ends, there’s talk about why some deals promised on the show don’t happen. Namita Thapar, a judge on the show, explained that the main reason is issues found during a careful review called “due diligence.”

She said some entrepreneurs stop talking to investors after their pitch is shown on TV, a situation known as “ghosting.”

Namita mentioned that sometimes, the financial details given on the show don’t match the real ones, and some business owners don’t want to merge their multiple companies for a deal. This leads to many deals not going through.

Vineeta Singh, another judge, added that after their pitches are aired, some entrepreneurs get better offers from other investors and prefer those, which is part of the business world.

The main point is that issues with honesty and the real state of businesses are why many deals don’t get finalized after the show.