Investor Barbara Corcoran said that she has learned to spot the red flags of “well-intended misrepresentations” and fancy talk during her four seasons judging startups on Shark Tank.
Corcoran talked with Henry Blogett of Business Insider about how many companies she has invested in — about 25 — and how many have worked. Here is how she evaluated the four seasons:
- Season 1: Lost money
- Season 2: Broke even
- Season 3: Made money
- Season 4: Doing very well
With the Rise of AI, What IP Disputes in Healthcare Are Likely to Emerge?
Munck Wilson Mandala Partner Greg Howison shared his perspective on some of the legal ramifications around AI, IP, connected devices and the data they generate, in response to emailed questions.
“The key is that I bought early; it takes four years for these companies to turn into moneymakers,” she said.
She said that up to a third of the deals do not close once due diligence starts.
“You find out that they are just making stuff up — the ex-husband owns the patent or sales numbers are just projections,” she said. “I call this well-intentioned misrepresentations.”
