Shark Tank Has Made Raising Money Too Easy Says Herjavec

What was said

"I just had lunch with somebody yesterday. They wanted me to go into their business with them and I was thinking of maybe I'll go in as a partner and buy 50% of it. And the guy's telling me about it and he's like, you know, we'll get it up to like $10 million ARR. And then we'll raise equity. And I'm like, why do we need to raise money?"

Herjavec admitted that Shark Tank has created a negative side effect by making entrepreneurs believe they must raise capital prematurely, even when cash flow could fund growth. He recounted a recent conversation where a potential partner assumed fundraising was the default next step despite strong revenue. This represents rare criticism of the show's impact from one of its own stars.