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''MoneyHunt'' is a reality-based television program that allowed entrepreneurs to pitch their ideas to a panel of experts and receive candid feedback on improving their presentations. Produced by MoneyHunt Properties, Inc. the program was distributed to American
public television Public broadcasting (or public service broadcasting) is radio, television, and other electronic media outlets whose primary mission is public service with a commitment to avoiding political and commercial influence. Public broadcasters receive f ...
stations in the US and several markets overseas from 1997 to 2004.


Format

MoneyHunt was distributed on public television and sourced candidates through online auditions. ''MoneyHunt'' eventually added a series of live events produced in conjunction with regional venture conferences to screen test candidates. The show was hosted by presenters with no on-camera experience and was produced to simulate a real venture pitch with most blunders and pauses often kept in the final cut for dramatic effect. The show offered cash prizes in the form of an investment in the best contestants. Co-Hosts Miles and Cliff opened the program with a brief greeting and soon introduced the first guest, who was waiting off stage. Like a business meeting, Miles or Cliff greeted the guest and welcomed them to the table. A MoneyHunt Mentor joined each show, adding specific domain expertise to the questioning. Each guest had 8 minutes to detail key categories, such as the product and market. The final segment was the review session, where the pitches of each guest weredebated and awarded thumbs up or down. Beginning in Season Six, MoneyHunt began awarding a cash award as
convertible debt In finance, a convertible bond, convertible note, or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in ...
(leaving the pricing of the equity to subsequent investors).


Hosts

Miles Spencer and Cliff Ennico first met working on small equity financings in their home state of
Connecticut Connecticut ( ) is a U.S. state, state in the New England region of the Northeastern United States. It borders Rhode Island to the east, Massachusetts to the north, New York (state), New York to the west, and Long Island Sound to the south. ...
. Ennico is an attorney, and Spencer was a banker and
venture capitalist Venture capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to have high growth potential or that have demonstrated high growth in terms of number ...
.


History

''MoneyHunt'' was first conceived at a continuing education class in
Greenwich, Connecticut Greenwich ( ) is a New England town, town in southwestern Fairfield County, Connecticut, United States. As of the 2020 United States census, 2020 census, it had a population of 63,518. It is the largest town on Gold Coast (Connecticut), Connectic ...
. It was taped at
cablevision Cablevision Systems Corporation was an American cable television company with systems serving areas surrounding New York City. It was the fifth-largest cable provider and ninth-largest television provider in the United States. Throughout its ex ...
's public access studios in Norwalk in 1996 for a fee of $500 per night. MoneyHunt premiered on public television at WHYY in Philadelphia in 1998 while the Internet boom was beginning to draw interest to the startup subject. The first MoneyHunt Mentor was
Jerry Yang Jerry Chih-Yuan Yang (; born Yang Chih-Yuan; November 6, 1968) is a Taiwanese-born American billionaire computer programmer, internet entrepreneur, and venture capitalist. He is the co-founder and former CEO of Yahoo! Inc. and founding partne ...
of
Yahoo! Yahoo (, styled yahoo''!'' in its logo) is an American web portal that provides the search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports, y!entertainment, yahoo!life, and its a ...
. ''MoneyHunt'' produced six original seasons from 1997 to 2001 and was sponsored by MasterCard, Yahoo!,
PriceWaterhouseCoopers PricewaterhouseCoopers, also known as PwC, is a multinational professional services network based in London, United Kingdom. It is the second-largest professional services network in the world and is one of the Big Four accounting firms, alon ...
, Register.com, and
Excite Excitation, excite, exciting, or excitement may refer to: * Excitation (magnetic), provided with an electrical generator or alternator * ''Exite'', a series of racing video games published by Nintendo starting with '' Excitebike'' * Excite (web por ...
. The show was slotted as primarily a Sunday morning show and typically ran next to weekly news wrap up shows. The format was licensed overseas and ran in markets including Italy, Spain, and China. ''MoneyHunt'' was originally formed in 1996 as the marketing arm of a small venture capital firm, Capital Express, which included Miles Spencer as a partner. Capital Express benefitted from the deal flow of so many emerging companies appearing on the show. ''MoneyHunt'' was subsequently spun off into an independent entity in 1997. By 2000, ''MoneyHunt'' was no longer producing new episodes and the library and rights were sold to a prior licensee.


References

{{reflist 1997 American television series debuts 2004 American television series endings 1990s American reality television series 2000s American reality television series Television shows set in Connecticut