The whole Shark Tank paradigm has helped to perpetuate this terribly wrong notion that raising money is a simple and linear process that can be done in a 20-mins session. Who would imagine that you can go on a TV show to raise money?
The problem? People actually believe that’s how things work in reality.
And this is why we tend to see so many young entrepreneurs that are rightfully trying to launch themselves into a life full of accomplishment and end up quite frustrated because they can never raise the capital they think they need to create the next Uber.