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Swimming with the sharks Share Want to Read More? So, let’s explore why some get a deal and others don’t. During each episode the inexperienced entrepreneur will tend to make the same critical mistake: They overvalue their business. They also see market potential that cannot be supported by their current and past financials. The multiples they use are not based on reality, but what they believe the company will be worth. A number of the sharks are quick to point out the flaws in the valuation and challenge the company’s value. In many cases, the entrepreneur is unable to defend the valuation, and the sharks attack. The result is “I am out,” and there is no deal.
Copy to Clipboard Chrissie Lam and Gladys Lam on âShark Tankâ (ABC) âWhat does the world need more of now? LOVE!â Here's presenting a heartwarming project that started in 2012 on âShark Tankâ. Chrissie Lam is all set to showcase her artisan-made designs from around the world to spread love to worldwide cultures. Eight years ago, she left her job in corporate fashion and moved to Kenya where she stumbled upon a group of women in the Maasai tribe. âThese women made vibrant, high-quality, and gorgeous beaded items. Blown away by their craft and compassionate community, I worked with these artisans to design a bracelet emblazoned with one powerful word: LOVE,â she disclosed.