In the cutthroat world of entrepreneurship, there are bound to be winners and losers. One platform that has gained significant attention for its ability to make or break budding businesses is “Shark Tank.” This reality TV show pits entrepreneurs against a panel of highly successful business moguls, known as the Sharks, in hopes of securing a deal that will take their company to new heights.
However, not every entrepreneur walks away from the Shark Tank with a smile on their face. In fact, some have come out dispirited, broken, and feeling as though they were devoured by the very sharks they hoped to impress. One such example is the story of Al “Bubba” Baker, his daughter Brittani, and his wife Sabrina.
The Bakers, founders of Bubba’s Q Boneless Babyback Ribs, captured the attention of viewers and investors alike with their mouthwatering BBQ ribs. Their appearance on “Shark Tank” garnered significant media attention, but behind the scenes, they claim to have experienced a different reality. They alleged that one of the Sharks, Daymond John, renegotiated their deal off-air, reducing the investment from $300,000 for 30 percent equity to $100,000 for 35 percent equity.