The true value of the Shark Tank show is its ability to reduce customer acquisition costs for featured companies by exposing them to millions of viewers.

“The real secret of Shark Tank is to understand that it reduces customer acquisition costs for its companies. 100 million eyeballs see every episode in syndication. So people see products and they order it online and the company paid nothing to get the customer.”

He believes the show features absurd inventions that people are foolish enough to purchase.

“I definitely think that if I was a shark I would have invested in this cuz people are dumb and they'll buy anything”