Kevin O'Leary: Shark Tank Is the Most Successful Venture Firm on Earth Sarah Buhr - TechCrunch
go to original November 12, 2014

Shark Tank is currently the #1 television show among families in the U.S. Perhaps that’s why co-host Kevin O’Leary felt emboldened to share something interesting about the show’s investments thus far. “At 33 percent return, we’re the most successful venture firm on Earth,” O’Leary cheerfully announced on stage at the INCMty tech conference in Monterrey, Mexico this weekend. Mr. Wonderful, as he’s known on the show, was there to drop some startup knowledge to the nearly 7,000 founders, VC’s and computer science students in attendance.

That sounds like a good sound bite but exactly what does that number mean? “Is he saying he’s losing two out of 3 deals?” asked Greylock partner Josh Elman, “That’s a pretty bad number.” We don’t have real numbers from all the investments the show has ever made so it’s tough to figure out what O’Leary was referring to here. “Most firms don’t report their funds publicly so it’s hard to say,” agreed Cowboy Ventures partner Noah Lichtenstein. “It’s also a function of time. How long are the returns spread over? Funds are often 7-10 year returns so [it's] not really fair to judge them until they have matured,” he added.

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