"While many entrepreneurs would give their left toe to be on this show, Mr. Tice and Ms. Hadeka declined. And they did so for an intriguing reason: In order to proceed, they were required to enter into an agreement with Finnmax, the show’s producer, that would have given Finnmax the option either to receive a 2 percent royalty on the operating profits of the company or take a 5 percent equity stake."
Passing Up the Opportunity to Appear on 'Shark Tank' - NYTimes.com
Passing Up the Opportunity to Appear on 'Shark Tank' - NYTimes.com
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