There are a lot of questions and comments being posted on why some contestants got picked when they may have appeared weak from the start.
So I'll try to explain. First, this is a show about what works when it comes to pitching for capital. It is meant to highlight what's out there in the real world and meant to share lessons that can be learned, from the good and from the bad. You can learn from those that fail as much, if not more than from those that succeed. Further, as in the case of Jason C, the show has helped him put his venture to rest and move on to better things. It isn't just those who get money that become winners, some win from the experience. Plus just like in the real world, you have a signal to noise ratio (how much crap you need to see to find a good "signal" aka deal). I've been screening deals since 1999, have seen 2000+ deals to date (not including the show) and let me tell you, there are people like our pitchers in the real world too.
Second, a few deals coming up, we thought wouldn't make the grade and yet they landed money. In the end, even though I screen deals for a living, no one, but the Dragons, can predict 100% accurately what the Dragons will do. So everyone has a fighting chance. It is up to them what they do with that chance.
Finally, we didn't pick just winners to put on, because a) there would be no drama in that and b) we can only work with those that apply. If we get a season two (do you guys want one?) then all those who think they can do better, are welcome to apply. In fact, we alwasy new that the pool would be much deeper for season two.....but until then, we work with what we have, and we have good stuff.
Just thought you should know,
Sean Wise,
Industry Advisor & Online Host