Shark Tank investor Kevin O’Leary doesn't care if a contestant cries after failing to secure a deal with the sharks.
In the September 21 episode of the Full Send Podcast, Kevin commented on contestants becoming emotional after failing to secure a deal. He acknowledged that pitches can sometimes get emotional, but emphasized that his investment decisions are based solely on the viability of the business.
According to Kevin, while he respects their passion and dedication, those qualities alone do not influence his choice to invest.
Furthermore, he said that he appreciates the human experience, however, he remains unmoved when contestants break down after being rejected. He explained that if all the sharks said 'No' to them and they started crying, it wouldn’t affect him.
"I appreciate the human experience, but if everybody said no to you and you start crying, I hate to tell you this, I don't give a sh*t. I just don't care."
"Crying does not help" - Kevin O'Leary on emotional Shark Tank pitches
On the Full Send Podcast, Shark Tank star Kevin O'Leary shared his thoughts on contestants getting emotional during their pitch and if it helps them secure a deal.
Kevin added that most contestants don't get deals and sometimes they don't like the response they get for their pitch. He admitted that these are some of the hard moments and he respects them and often offers them the time they need.
However, he clearly stated that "crying does not help" when business is involved. While the Shark Tank investor feels bad and sorry for these contestants, it doesn't affect his judgment of their company.
"But I must say, when it comes to business, crying does not help. It just doesn't work. I feel bad for you. I feel sorry for you. You think you can cry your way into an investment? Do you think you can sit there weeping, saying, 'Please give me money?' You think that works?," he said.
Kevin reiterated that pitches can have emotional moments, especially when the contestants shred their hardships and personal stories. However, he emphasized that no matter how emotional things get during the pitch, if their business idea doesn't work for him, he simply won't partner up with them.
"When you're in that moment and you get in the zone and you're pitching and you're just there, nobody sees the cameras anymore. It's just what it is. And sh*t happens, it just happens," he continued.
The Shark Tank investor added that he doesn't care if a contestant gets emotional getting no deals. He believes that it is a part of the process and they have to "suck it up", pick themselves up and try working on something better.
Kevin said that he'd respect the contestant who gets back on their feet and move forward.
"I mean I don't care. And believe me, I'm going to sleep at night, no problem. I've seen it all," he concluded.
Kevin O’Leary shares his opinions on his fellow sharks
Later in the podcast, Kevin was asked to share his opinions on his fellow sharks. He told Barbara Corcoran that he had known her forever and that he had a lot of respect for her.
He further added that the two of them were great chefs and often cooked for each other when they were in New York.
Kevin described Mark Cuban as an incredible individual, acknowledging their frequent disagreements but highlighting their successful collaborations on numerous deals. He also shared that Mark has supported him in many other ways beyond business.
In contrast, Kevin referred to Daymond John as a "brother in Miami," noting that the two spend a lot of time together and enjoy hanging out.
"I do business with any of them. But you know, it's a little bit like friends. We've been together so long that we don't need to spend more time," the Shark Tank investor concluded.
Shark Tank Season 16 episodes air every Friday on ABC.