Deals we struck with Shark Tank investor heroes fell apart off-air
nypost.comswim with sharks, don’t expect a dip in the kiddy pool.Therein lies a lesson learned by some entrepreneurs who emerged from “Shark Tank” dispirited, broken and not only “dead” to the likes of Kevin “Mr.
Wonderful” O’Leary (whose standard send-off is, “You’re dead to me”) but deep-sixed in a business sense as well.The most recent example of entrepreneurs claiming to be bitten by a shark are Al “Bubba” Baker, daughter Brittani and wife Sabrina.
Founders of Bubba’s Q Boneless Babyback Ribs, they made headlines after alleging that Daymond John renegotiated their deal–allegedly taking it from $300,000 for 30 percent on-air to $100,000 for 35 percent off-air–and iced Bubba out of key business meetings.
John, according to court papers, called the Bakers’ allegations a “smear campaign.” A judge granted him a restraining order to stop family members from commenting on him publicly.While restraining orders are extreme, the Baker family members are not the first to lick wounds after a “Shark Tank” appearance goes less than swimmingly.
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