Type
Reality/Game Show
Premiered
Aug. 09, 2009
Status
Returning Series
Runtime
60 min.
Country
USA
Network
ABC TV Network
Genre

Top Contributors

Shark Tank tv show photo

Shark Tank

An American version of the British hit "Dragon's Den." Struggling entrepreneurs are forced to present their business proposals to five multi-millionaire tycoons in hopes of receiving the investment needed to make their ideas a reality.

Trivia Facts | Top Quotes | Goofs/Mistakes
  • 'Kevin OLeary (IX) has a net worth of $450 million. Robert Herjavec's net worth is $200 million. Daymond John's is $250 million. Lori Greiner's is $50 million. Barbara Corcoran's is $40 million. Kevin Harrington's is $450 million. Mark Cuban, with a net worth of $3.5 billion, beats the rest of the sharks' assets combined.
  • 'Kevin OLeary (IX) is the only Shark to have appeared in every episode.
  • Over $87 million has been invested to businesses the sharks pitch in to.
  • The first episode to feature Mark Cuban.
  • This marks first time 'Kevin OLeary (IX) is singled out as an entrepreneur's shark of choice.
  • First season to credit Mark Cuban as a series regular.
  • Entrepreneur Shawn Davis (IX) of CBS Foods from Shark Tank Episode #2.1, who did not get any of the sharks to invest with him in his first appearance on the show, returned for a Shark Tank success story, and reported that he got many offers (from non-shark investors) as a result of the show, including more money than he had turned down from the sharks, and that the business has gone from about $30,000 in company income to projected 2012 sales of over $5 million, in a little more than one year since his first appearance on the show.
  • Entrepreneur Travis Perry (II) of Chord Buddy, got multiple offers from Robert Herjavec ($125,000 for 20%), Daymond John ($125,000 for 20% and an unknown celebrity endorsement), Barbara Corcoran ($175,000 for 20%, with $50,000 of that set aside for an infomercial), and 'Kevin OLeary (IX) ($125,000 for 20% with his personal endorsement). After Barbara made her offer, Robert upped his offer to match hers. Travis made the deal with Robert for $175,000, with $50,000 of that set aside in escrow for a possible infomercial.
  • Entrepreneur Pat McCarthy (VIII) of Liquid Money, received one offer from Daymond John of $100,000 for 80% of his company. McCarthy had originally been asking for $100,000 for 5% of his company, and asked Daymond to sweeten the offer, when Daymond would not do that, McCarthy turned him down and left with no deal.
  • Entrepreneur Kyle Rainey (II) of Tail Lightz was asking for $50,000 for 50% of his company. 'Barbara Corcoran (I)' was the first one to turn Rainey down, because she said the product would hurt to sit on, would be destroyed in the wash, and the designs seemed dated, not fresh. The other sharks bowed out for variations on the same reason, and he left with no deal.
  • Entrepreneur Megan Cummins (II) of You Smell, a fragrant soap company received multiple offers, first from Mark Cuban who offered the $55,000 for 20% which Megan was originally asking for. Barbara Corcoran followed up with a pitch for always being successful, and $55,000 for 40%, and then Robert Herjavec made the final offer of $55,000 for 20%, with a sweetener of $50,000 for Megan's first year salary. Then Barbara upped her offer to $55,000 for 30%. Megan accepted Robert's offer of $55,000 for 20% with the $50,000 salary sweetener.
  • Entrepreneur Ivori Tennelle of The Swilt was asking $30,000 for 35% of her business. None of the sharks showed any interest, and all bowed out quickly.
  • Entrepreneur Shelly Ehler of Show No was asking $50,000 for 25% of her business. Daymond John was the first to make an offer, $50,000, what Shelly asked for, but for 50% of her business, instead of the 25% Shelly asked for. Daymond's offer was quickly followed by Lori Greiner's offer to write Shelly a check on the spot (Lori pulled out a check and started to write) for $50,000 for the original 25% Lori was asking for, and tried to hand her the check. When Lori took a step towards Lori to take the check, Daymond protested immediately asking "What am I, chopped liver?", and changed his offer to $50,000 for 20%. Then Mark Cuban said that he saw lots of potential, and offered Shelly $75,000 for 25%. Lori stayed pat, telling Shelly that since she is a woman too, they will have more fun together speaking the same language. Daymond protested again, and upped his offer to $75,000 for just 20%. Lori waved the check again, and increased her offer to $75,000, but stayed at 25% saying "It's right here, you can grab it." After consulting with her husband Brian Ehler Shelly accepted Lori's offer of $75,000 for 25% of the business.
  • In a Shark Tank Episode #1.8 update, D.J. Stephan and Sean Conway (IV) of Notehall returned to tell of their success with shark Barbara Corcoran who had agreed to invest $90,000. Because of their appearance on the show, they were approached by Chegg, the largest text book rental business in the country, and negotiated a sale of Notehall for undisclosed millions, plus regular employment of D.J. and Sean, at Chegg. It was not mentioned whether Barbara participated in facilitating or negotiating the sale of Notehall to Chegg.
  • Entrepreneur Kelly Chaney of Puppy Cake (with her Viszla breed, Minnie, aged 7) was asking $50,000 for 25% of her business. The sharks either could not see a real business or felt that Kelly's own described weakness for sales would hold her back, and all bowed out.
  • Entrepreneur Eric Corti of Wine Balloon was asking $40,000 for 30% of his business. 'Kevin OLeary (IX) agreed to Eric's asking price, on the condition that Eric agree to negotiating a royalty agreement with another company, instead of manufacturing the device. Then Lori Greiner asked Eric if he would consider a buyout, and offered him a 100% buyout for $500,000. Mark Cuban asked Lori if she would share the deal, and up the offer, and Lori agreed, so Mark upped the offer to $600,000 for 100% of the company split between him and Lori. Eric countered with a 3% and then a 2% royalty, and Mark dropped out. Then Lori repeated her offer of $500,000 for 100%. Then Mark jumped back in with Lori and reduced the price to $400,000.
  • Entrepreneur husband and wife Melissa Kiernan and Kevin Kiernan of The Last Lid asked $40,000 for 20% of their business. All of the sharks dropped out except for Daymond John, who was very skeptical about the value of the company, and said that he would only be interested if the percentage was changed. Kevin Kiernan came back with $40,000 for 60%, and Daymond agreed immediately and the deal was made.
  • Entrepreneurs George Podd and Rolf Schwartz of LightFilm who had appeared in Shark Tank episode #2.5 and made a deal with Daymond John for $100,000, came back for a Shark Tank update. The company name was changed to Powerdecal and Daymond arranged for them to get into Best Buy and for licensing with 250 colleges and universities, plus all of the major league professional sports teams, and their projected sales for the first two quarters of 2012 is $5-6 million.
  • Entrepreneur Amanda Schlechter of Ledge Pillow asked $30,000 for 25% of her company. All of the sharks expressed doubt about the niche market product for women with large breasts, and that Amanda had sold only 83 of them in 3 years, and all of the sharks bowed out.
  • Entrepreneurs Steve Nakisher and Shane Talbott of Talbott Teas asked $250,000 for 20% of their company. All of the sharks bowed out except 'Kevin OLeary (IX) who offered $250,000, but insisted on 40% of the company, and when asked to go closer with the percentage, Kevin declined. Then Steve asked if Kevin would do it for 30%, and Kevin said that he almost never changes his offer, but he would this time, and said he would do it for 35%, and Steve and Shane accepted the deal at $250,000 for 35%.
  • Entrepreneurs Maddie Bradshaw (age 15, company president), Margot Bradshaw (age 11, company vice president), and mother Diane Bradshaw (IV) of M3 Girls Designs asked $300,000 for 15% of their company. Because they have a five year record of sales over $5 million the sharks were very impressed. 'Kevin OLeary (IX) made the first offer of $300,000 for 30% of the company. As soon as Kevin finished making his offer, Lori Greiner popped the Bradshaw's an offer of partnering with Kevin, for the same $300,000, but for 40%, with Kevin being a silent partner, and Lori offering the sweetener of being their mentor, and getting the girls on QVC network. Daymond John bowed out, and then Mark Cuban said that he would do the deal with Lori, and cut Kevin out, and give them the $300,000 they were asking for, but brought the percentage back down to 30%. Kevin jumped back in and said that he would do the deal at $300,000 for 30%, and included Robert Herjavec, who agreed to participate with those numbers. The Bradshaws hesitated, and Mark told them that since four of the five sharks were very interested, that the Bradshaws could write a better deal, and asked for their counter offer. When the sharks turned down the counter offer of $300,000 for 20%, the Bradshaws came back with $300,000 for 30% with Mark, Lori, and Robert together, plus Dallas Maverick's season tickets. Mark said that he would give them season tickets, but that they were sold out, but said that anytime they wanted to use his owner's box, they could. The deal was done with Robert, Lori, and Mark at $300,000 for 30%, and Kevin got shut out.
  • Entrepreneur Jared Joyce of Five-Minute Furniture asked $250,000 for 25% of his business. Three of the sharks dropped out when they found out that Jared does not have any sales of this product, and only has sales from one of his eighty patents over seven years. Lori Greiner makes him an offer of $250,000 for 100% of his business/patents, as long as 'Kevin OLeary (IX) will split the deal with her. Jared turned down the offer, since it would offer no profit or return to his investors. The sharks all thought that Jared made a mistake in turning down the offer.
  • Johnson Bailey of Man Candle from Shark Tank episode #2.8, returns for a Shark Tank update. Although none of the sharks invested with him in his original appearance, he did take the advice he was given, and put it into action. He is now in about 500 retail stores, including major chains such as Spencer's Gifts and Hallmark Stores, and has taken annual sales from $70,000 to $250,000.
  • Entrepreneur Raven Thomas of The Painted Pretzel asked $100,000 for 25% of her company. 'Kevin O'Leary (IX) was very skeptical because the product was not unique enough and Raven did not give a good enough reason for him to invest, so Kevin dropped out. 'Robert Herjevec' asked for a better reason, and Raven said that she had to turn down a $2 million order from Sam's Club because she did not have the resources to fill the order. The sharks were all very impressed, and Mark Cuban jumped right up and offered Raven what she asked, if she would say yes immediately. Raven agreed, even though all the sharks were shocked, and the deal was done with Mark at $100,000 for 25% of her company.
  • Entrepreneur Ryan Naylor (II) of Esso Watches asked $35,000 for 20% of his company, which makes negative ion watches. First up, Mark Cuban immediately called it a scam product, and then Daymond John called Ryan a liar for claiming that the watches were his own design. All of the sharks bowed out, and Ryan left with nothing.
  • Entrepreneur Rick Hopper (II) of ReadeRest asked $150,000 for 15% of his company, but before he could explain his offer, on the walk into the Shark Tank room, he tripped over his own feet and took a big spill. Rick got up smiling, and said he was good, and made his presentation. It turns out that the fall was planned, to demonstrate his clip on eye glasses holder. Daymond John was offended that Rick was asking for money plus work to sell the product, so Daymond dropped out immediately. Lori Greiner was very impressed and made Rick an offer of the $150,000 he asked for, but for 65% of the company. No one else made an offer, and though he hemmed and hawed and tried to negotiate, in the end he accepted of $150,000 for 65% of the company.
  • Entrepreneurs Dallas Robinson and Mike Buonomo of Kisstixx asked $200,000 for 20% of their company. In order to demonstrate their interactive lip balms, they asked Barbara Corcoran to kiss 'Kevin OLeary (IX) to test out the combination flavors. Resisting, but with the other sharks chanting "kiss, kiss, kiss," and Barbara putting her hand over her eyes, they did kiss. Barbara said that he had a bad feeling, probably from the memory of having to kiss Kevin, so she dropped out. Kevin said that he does not know what it means that the two people kissing are not the ones doing the deal, because he was dropping out too. Mark Cuban said that he liked the idea, and would offer them the $200,000 they were asking for, but he needed 40% of the company. Daymond John and Robert Herjavec both said that Mark's offer was better than they would have made, so Mark had the only offer, and Dallas and Mike accepted $200,000 for 40% of their company from Mark Cuban.
  • Kim Nelson (VIII) of Daisy Cakes from Shark Tank episode #2.6 came back for a Shark Tank update. After doing a deal with Barbara Corcoran, Daisy Cakes has grown from 2,000 cakes in a year, to over $100,000 in sales per month, and has moved in to a commercial bakery, and has shipped cakes all over the U.S. and even to the North Pole.
  • Entrepreneurs Stephanie Rensing and her husband Daniel Rensing of The Smart Baker asked $75,000 for 25% of their company. Right off the bat three sharks drop out, with only Daymond John and Barbara Corcoran still in, but Barbara says she is not sure whether she wants to make an offer, and Daymond offers to give them $75,000 for 40% of their company. Immediately Barbara jumps in with an offer after telling them of her success with Daisy Cakes (updated profile on the same episode) of $75,000 for 40% with a 5% royalty until paid back for her investment, and Daniel counters at $100,000 for 40% with a 5% royalty, but Barbara turns them down, and they accept Barbara's original offer of $75,000 for 40% of their company with a 5% royalty.
  • Entrepreneur Lyle Schuette of the Heat Helper asked for $100,000 for 50% of his product. None of the sharks thought that the product had potential for various different reasons, and all of the sharks bowed out.

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