Mark Burnett of Survivor and Apprentice fame is joining forces with ABC to produce a reality show called The Shark Tank. The show originated in Japan as Money Tiger and has been produced under various names in the United Kingdom, the Netherlands, Australia, New Zealand, Israel, Canada, Finland and Nigeria.1
Entrepreneurs propose their ideas to wealthy business "sharks" with the hope that the moguls will invest in their businesses.
"It's about seeing people squirm, either in their unpreparedness or their lies. People come in with an idea they think is brilliant, and it's awful. But then you get the truly inspired ideas, and the sharks have a chance to fight it out. If you're coming in desperate for money, it's like there's blood in the water. If you want to be a great entrepreneur in the U.S., you had better be ready to swim in shark-infested waters."2
Mark Burnett | Survivor | Apprentice | ABC