<story><title>I am an investor in The Style Club. Or, at least, I thought I was</title><url>https://www.linkedin.com/pulse/mark-cuban-shark-tank-got-royally-screwed-howard-marks</url></story><parent_chain></parent_chain><comment><author>brilliantcode</author><text>I don&amp;#x27;t get the comments bashing the author. This is downright deception and he got screwed. Period.&lt;p&gt;It&amp;#x27;s morally wrong and I just don&amp;#x27;t understand how people can defend this in the comments over at Linkedin. Why the fuck is the free market being used as a blanket argument against morals and ethics?&lt;p&gt;There&amp;#x27;s even vaguely veiled threats against the author in the Linkedin comments. I&amp;#x27;m fucking appalled and I don&amp;#x27;t understand why someone would&lt;p&gt;A) kill your own reputation&lt;p&gt;B) put women in startups&amp;#x2F;tech in a bad light&lt;p&gt;C) use the same branding for the switcheroo that helps the author&amp;#x27;s case&lt;p&gt;D) not realize there&amp;#x27;s post-show background check (that results in 50% of deals announced not going through according to comments)&lt;p&gt;If she had just been honest and not greedy (why would you be so desperate to own 100% of nothing?) she could&amp;#x27;ve avoided destroying her own goals.&lt;p&gt;I don&amp;#x27;t know how anyone can possibly trust her, unless, it was someone who shared the same &lt;i&gt;tony-montana-esque&lt;/i&gt; attitude towards wealth &amp;amp; status, bravado, chutzpah at the cost of others and your own soul, for more money in your pocket.&lt;p&gt;But even Tony did not break his &amp;quot;word &amp;amp; balls&amp;quot; when starting his narcotic empire, in which Alajendro Sosa invested in Tony, risked capital in his business and he got paid. Imagine how angry Sosa would&amp;#x27;ve gotten if never saw his returns. It proved to be lethal for Tony in the end.</text></comment>
<story><title>I am an investor in The Style Club. Or, at least, I thought I was</title><url>https://www.linkedin.com/pulse/mark-cuban-shark-tank-got-royally-screwed-howard-marks</url></story><parent_chain></parent_chain><comment><author>gavman</author><text>From everything I&amp;#x27;ve read, the handshake deal on the show is meaningless. After the show the investors do real due diligence, and not every deal works out.&lt;p&gt;&amp;quot;First of all, the handshake deal that happens on the show isn&amp;#x27;t anything binding. Filming for each season is split over the start of the summer and the start of the fall. After each round, the Sharks and their teams do due diligence on each of the companies to ensure that everything within the company is how it was represented in the pitch room.&lt;p&gt;There are times when the numbers check out, but the entrepreneurs decide they no longer want to make a deal, such as when the founders of evREwares decided they weren&amp;#x27;t actually willing to sell 100% of their struggling company to Cuban for $200,000 as they agreed to in season six.&lt;p&gt;Ultimately, said Cuban&amp;#x27;s fellow Shark Daymond John, about 80% of season seven&amp;#x27;s deals made on camera closed, which is up from about 60% to 70% of past seasons.&amp;quot;&lt;p&gt;&lt;a href=&quot;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;what-happens-after-closing-shark-tank-deal-2015-10&amp;#x2F;&quot; rel=&quot;nofollow&quot;&gt;http:&amp;#x2F;&amp;#x2F;www.businessinsider.com&amp;#x2F;what-happens-after-closing-sh...&lt;/a&gt;&lt;p&gt;Edit: formatting</text></comment>