Indie Rock Band Cab 20 Pitch For Funding On ABC TV's Shark Tank - hypebot

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Jonathan Jaeger

If you want real business advice in a friendly but critical manner, check out Shark Tank clips from This Week in Startups (awesome podcast). YouTube Shark Tank & This Week in Startups. Or watch podcasts at thisweekin.com or off iTunes.

Earbits

First off, I watch this show every week and it's a great way to learn what to do and what not to in pitching a business.

Second, I cannot believe they turned down the deal. Nobody with the following of Cab 20 is getting a $250k advance anymore, and there is an entire process after the show for working out small details of the contract, where many companies (and the Sharks) ultimately walk away from the deal. Might as well say yes and end up in the negotiating room with the potential for a contract than say no and be excited about a little extra web traffic. I bet the extra interest they're getting from the show is not translating to a $250k check.

tom callahan

I just got a $250K advance with an artist with less going on than CAB 20 a year ago. WITHOUT publishing being included. SO, that is not an accurate statement. I actually did not KNOW that you could renegotiate after the show with the sharks, and if I was aware of that YES, there may have been a different outcome. It wasn't JUST about web traffic. MANY people got to see and hear the band albeit for 40 seconds. It was enough to generate lots of interest, which I am now capitalizing on

Ronie Aguiar

Sorry but the money is only a part of what the Sharks offer. To me, a viewer of the show, I believe that the money can come from anywhere and it would be as valuable then getting half of what you ask and getting someone with a big name and big figures to follow up and help your band grow. If the deal you wanted happened then I am glad for you and the band, but if you think about it the way the Sharks are connected to society is ridiculous. Then again hey who am I to say anything im just a viewer. Keep doing what your doing man!

Guy

You are weak and your band was lame Tommy boy! See you at sxsw with all the other wanna be black keys............ Bands like that come a dime a dozen in Austin!!

Katie-TeamCyberPR

This is Katie from the Cyber PR® Team, and I just wanted to thank you for supporting Cab 20!

Thanks! :)

Will

Here is the thing. They have a look BUT they are not that good. Sorry but bring back the 3 man power group is nit going to happen with this band. To do that ALL members must have chops and in this case none do. hosting an open jam and posting it on Facebook?!?! Rethink this !!!!!!

Charles

You call that terrible musician a prodigy. That is an insult to all the real musicians in the world. You just used Shark Tank to get some publicity. You people are pathetic and types like you are ruining the show for me.

The fact that they offered you a deal only because it is pocket change to them was a miracle that you rejected for 20% difference and no difference in equity is purely mathematical proof that you are just scammers.

Please go and listen to some real music before you use the word prodigy again.

Jen

the band was really lame looking. no spunk or energy or anything. boring and generic. go get a haircut!!

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