Introduction

The data being used throughout this analysis is from Kaggle and each instance is a different company that appeared on the television show Shark Tank. It has information regarding the company itself, what they requested, their valuation, along with which sharks were present and whether or not they could strike a deal.

The data can be found uning this link : https://myxavier-my.sharepoint.com/:x:/g/personal/kaderlia_xavier_edu/EaF-3IQkWHpOtozP307NHz8BgLjFzh63hf4FHNcLPS9YAg?download=1

Deal Breakdown by Seasons 1 - 6 (True = Deal & False = No Deal)

By season it appears as though that the count of those denied and accepted has increased. This may be due to the fact that the show gained more popularity. It is also interesting to note that of the 6 seasons, only two of them lead in no deals being made.

Asking Price Differences between Online Services and Outdoor recreation by season

I had originally thought that online services and other technology related endeavors would have been much more expensive as compared to things like outdoor recreation. In the past three seasons we see a little bit of this hypothesized trend, but not nearly to the degree in which I would have thought.

Relationship of difference between asking amount and valuation and whether or not a deal was struck (True = Deal , False = No Deal)

When thinking about investments, I would much rather strike a deal with a company that has a high valuation and is asking for very little in return. However, when looking at the differences between valuation and requested funds, there does not appear to be a difference between those accepted and those denied over the 6 seasons.

Relationship between valuation and whether or not a deal was struck (True = Deal , False = No Deal)

Kind of like the previous question, I am curious as to if companies that have a higher valuation are more likely to strike a deal. It shocks me that this is not the case. Maybe the sharks are focusing more on the promise of the company/idea and not where it currently sits.

Relationship between quantity of entrepreneurs and whether or not a deal was struck (True = Deal , False = No Deal)

As the old saying goes, “the more the merrier.” I had originally thought that if more people were involved with the business that the sharks would be more likely to invest. This is not the case. It is clear that whether or not there are multiple entrepreneurs does not have an effect on if the sharks strike a deal.

Closing Statements

Overall, the individuals appearing on this show are putting their livlihoods on the line. They have invested significant amounts of time and money. Striking a deal with the sharks allows these individuals to kickstart their businesses and their dreams. Through examining past data we can better understand what types of companies and aspects of these companies are more likely to succeed on the show. This could have an extremely large personal impact on individuls appearing on the show in the future. It also allows us to look at potential success through the eyes of succesful business men and women. If these sharks, who know what they are talking about, look to invest in certain things, then who is to say we should not dieve deeper into those prospects.