Shark Tank

I recently quasi-watched a new TV show called "Shark Tank." Not really interested, but my wife wanted to see it and I can't totally ignore what's on.

What was on? Well, if you didn't see it the 'Sharks" are a group of gazillionaires who have entrepreneurial 'contestants' enter 'the tank' to present a product, business or idea. The contestants are coming looking for money - to expand, develop, market...etc. The Sharks have the money, the entrepreneurs have the new ideas.

Bottom line: Everyone wants money. Money.

The entrepreneurs want the money so they can use it to have a successful business - or a more successful business. They lack the capital to get a great idea off the ground (Or, in some cases, not so great) Some of them, to be sure, want to succeed SO THAT they will make tons of money. Some, however, seem to have a love for their product or idea and want to be a part of creating something - the money, while a major component of their dream, is not all that they're after. But they need it.

The sharks have crazy amounts of money. They're billionaires. In terms of needing money - they don't. Did I mention they're billionaires? There's no case of need for them. Yet, from every indication, they definitely want more. A lot more. In fact, they seem to NEED more. Certainly not because of lack of resources. There seems to be something else at work.

Many of the prospective partners ask for something in the range of $50,000 to a million dollars for something like a 15% share in the profits. The Wealthy laugh. They hurl insults about the ridiculousness of the initial offers. Their counter offers are something like half the company. Many times they want 51% of the company. (not just the profits)

Kevin O'Leary explains that he sees his dollars as soldiers he commands, which are sent out each day to take prisoners, bring them back and increase the size of the army. Interesting. Is that the ultimate goal? In a later episode, he asks someone with a very attractive idea if he wants to make great guitars, or make lots of money. For him, and probably the others as well, all it's about is making more money. More money, more power, more influence, more control. Using wealth to make more wealth to make more wealth to.... you get it.

Now don't get me wrong. I think wealth can be a great thing. Even massive wealth. There are things that wealthy people can do that couldn't be done without a centralized source of capital. There are even things that are at their root primarily about making money but give benefit to a great number of people. Consider life without sports complexes, museums, festivals, new products and services, things of high culture and artistic beauty. Those things enrich our lives and aren't really possible without inaugurating wealth to get them started.

Wealth is a tool, really. Like many things, it only gains its meaning and capacity for good or evil when it's made use of. And, according to my worldview, I believe it's a tool on loan. And there lies my concern and question for the poor sharks, who indeed are in a tank. What are you using the tool for? What's their end-game?

In the end, no matter what they have done with all their riches (and this goes for you and me too) they will lose it all. 100% guaranteed. Their stacks of $$ will be absolutely, irrevocably and completely gone. Or, more accurately, they will be gone. Parted from it, leaving it behind. Left to someone else. It is the fate of us all.

They will also be parted from all that their money accomplished - the buildings, businesses, banks, hospitals, charities and charter schools. Whether the buildings that bear their names are sweatshops or orphanages, They will leave all their material wealth behind.

There must be more. If we simply cease to be when we die, they may have something for the moment. But in the end, the prince and the pauper share the same fate and it didn't really matter. If there is more, if there is an eternal aspect to our being and we continue on, those that seek only wealth for wealth's sake are making a fool's investment.

And so, when I half-heartedly watch Shark Tank, I feel most sorry for the sharks. For the most part, what I see (presented by the program editors) is exceedingly wealthy people spending their time interviewing those who they can leverage to make themselves even more wealthy.

Despite all the comforts with which they can so easily numb themselves, their striving for happiness through riches may be an endless end which will ultimately leave them bankrupt.