Shark Tank (TV series): Wikis

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Shark Tank
Genre Reality
Created by Mark Burnett
Directed by Craig Spirko
Starring Robert Herjavec
Kevin O'Leary
Barbara Corcoran
Kevin Harrington
Daymond John
Country of origin United States
No. of seasons 1
No. of episodes 15
Production
Executive producer(s) Mark Burnett
Producer(s) Mark Burnett
Running time 60 minutes
Broadcast
Original channel ABC
Picture format 480i (SDTV)
Original run August 9, 2009 – present
External links
Official website

Shark Tank is a reality television series that premiered on ABC on August 9, 2009. The show is based on Dragon's Den, which has been licensed in numerous countries. The original series concept is derived from a Japanese show, Manê no Tora (Money Tigers). The series stars five "Sharks" — multi-millionaire business tycoons — who hear investment proposals from entrepreneurs and consider whether to invest in the businesses.

The series is produced by Mark Burnett who signed a deal in 2008 with Dragons' Den format-holder Sony to produce an American version. Unlike many versions of the show (particularly English-speaking versions), Burnett chose to retitle the U.S. version Shark Tank.[1] The series shares similarites with previous ABC series American Inventor,[1] which was co-produced by Peter Jones, a "Dragon" on the UK version of Dragons' Den.

Five new episodes began airing on Friday, January 8, 2010 at 9/8c, using unaired footage from previous tapings.[2]

Contents

Premise and format

Like other international versions, Shark Tank's style and format is most based on the UK version of Dragons' Den. Each episode features a series of investment proposals from the owner(s) of a business. The presentation must request a specific sum of money from the Sharks and offer up a certain percentage ownership stake of the business in exchange. The presentations typically include a description of the service or product, a discussion of the business's history, its financial figures (current sales, profit margins, costs, etc.), the business plan, how the Sharks' money would be used. The presentation as aired is interactive, with the Sharks regularly shown asking questions during the pitch.

Any of the Sharks may decide to make an offer to the entrepreneur. Sharks may cooperate and offer to join in another Shark's offer, if that Shark agrees, or they may make their own offers for the same or other terms. The Sharks are not restricted to offering only what the entrepreneur has asked for, and may offer more money or request a larger or smaller share of the business (smaller shares are often requested by Sharks in order to compete with other Sharks' offers); however, the entrepreneur cannot accept an offer for less money than they initially request. As a result, negotiations often involve asking for a larger stake than is initially being offered. If offers are made, the entrepreneur must decide whether to accept, or decline. The series is non-competitive, and the investment opportunities are not compared to one another. Each is considered on its own merits.

The Sharks

There are five Sharks, each with their own particular areas of interest and skills. Besides their money, the Sharks will also become shareholders in the businesses they invest in, and will purportedly offer their expertise and advice to help the business (and their investment) succeed and grow. Because of this, entrepreneurs sometimes have a particular Shark in mind when they pitch their business, knowing that a certain Shark has specific skills and experience that will benefit their business more than the others.

Two of the initial five Sharks have also been Dragons on the Canadian version of Dragons' Den since it premiered in 2006. The Sharks are:[3]

US Nielsen ratings

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Season 1

Order Rating Share Rating/Share
(18-49)
Viewers
(millions)
Rank
1 2.7 4 1.3/4 4.23 #18
2 3.5 6 1.8/5 5.72 #11
3 3.4 6 1.8/5 5.61 #13
4 3.0 5 1.7/5 4.79 #12
5 3.0 5 1.1/4 3.56 #20
6 2.6 4 1.4/3 4.30 #32
7 1.5 TBA 1.6/5 5.28 TBA
8 3.4 5 1.5/4 5.15 TBA
9 TBA TBA 1.6/5 5.40 TBA
10 TBA TBA 1.8/5 5.92 TBA
11 2.4 4 1.4/4 3.96 TBA
12 2.7 5 1.6/5 4.44 TBA
13
14
15

Episodes

"Yes" means one or more Sharks initiated a deal, that they may or may not have carried through with after a due diligence process.

# Title Original air date Production code
01 "Episode 101" August 9, 2009 (2009-08-09) 101
Ideas pitched: a pie factory (Yes), an implantable Bluetooth device requiring surgery into your head, an electronic hand-held device for waiting rooms, a plastic elephant shaped device that lets parents easily give small children oral medicine (Yes), and a company that specializes in college junk cleaning. 
02 "Episode 102" August 16, 2009 (2009-08-16) 102
Ideas pitched: a musical way to teach high school kids Shakespeare (Yes), a gourmet food business (Yes), a mixed martial arts clothing line, a device that prevents the car from starting without the seat belt being fastened, and a Post-It note arm for laptops. 
03 "Episode 103" August 23, 2009 (2009-08-23) 103
Ideas pitched: a cooking device for basting (Yes), house hold items made from recycled chopsticks, a line of books that use stress relieving techniques to calm kids to sleep (Yes), a deck of flashcards to help memories the 50 USA States, and a guitar design that folds the guitar into a backpack. 
04 "Episode 104" August 30, 2009 (2009-08-30) 104
Ideas pitched: a web site that resells unused gift cards (Yes), a line of inspirational accessories and gift items, a company that holds the patents to put the words "Cappuccino", "Coffee", and "Java" on plush toys, a graffiti removal service franchise, and a slip cover for children's travel play yards (Yes). 
05 "Episode 105" September 6, 2009 (2009-09-06) 105
Ideas pitched: a fitness machine to make pushups easier (Yes), a line of stylized face masks for surgeons and fashion, a line of granola bars that diabetics can eat, a funeral concierge service, and a web site that allows people to write in a journal and gauge their emotional state (Yes). 
06 "Episode 106" September 13, 2009 (2009-09-13) 106
Ideas pitched: A company that manufactures energy bars, custom made to the specifications of the buyer (Yes). A reinvention of the Root Beer Float that screws onto modern day fizzy drinks bottles. Protective underwear for flatulance. A new range and design of sports bras by KALYX Technologies. A new brand of barbecue sauce and spice rub (Yes). Update on: Mr. Tod's Pie Factory (from episode 101). 
07 "Episode 107" September 29, 2009 (2009-09-29) 107
Ideas pitched: A set of stainless steel tags that will identify different cooking specifications of various meats when put on the grill for cooking (Yes). A 25,000 square foot entertainment venue in Times Square, New York. A line of new aerobics fitness programs, classes and DVDs. A line of Soybean based Play-Doh aimed at those with a wheat allergy (yes). Update on: A Perfect Pear (from episode 102). 
08 "Episode 108" October 6, 2009 (2009-10-06) 108
Ideas pitched: A website that buys and sells college class notes (yes). An organizer for children designed like a stuffed toy (yes). A company that sells socks in sets of threes. A belt and belt buckle manufacturer [href="http://www.washeduphollywood.com Washed Up Hollywood]. Update on: Coverplay (from episode 104). 
09 "Episode 109" October 13, 2009 (2009-10-13) 109
Ideas pitched: A healthy soda (yes). A veterinarian who created pet food that he claimed could extend a pet's life. A large sphere used in simulating environments, which can be used in military training or for entertainment purposes. A fashion line for women over size 12 (yes). Update on: Ava the Elephant (from episode 101). 
10 "Episode 110" October 20, 2009 (2009-10-20) 111
Ideas pitched: A bobble head doll company that has an already existing presence online and wants to move into brick and mortar side of the business. A poncho created for iPhones and Blackberries that comes with a solution to tangled headphones. A urologist who created an intriguing solution to bladder problems with a golf club (yes). Two gentlemen who created a technological solution for sports recruiting from high school to college (yes). Update on: Pork Barrel BBQ (from episode 106). 
11 "Episode 111" January 8, 2010 (2010-01-08) 112
Ideas pitched: A children's entrainment center franchise. A helmet company that has a patented method to produce 3-D elements (yes). a golf ball cleaner. A dried Chinese salad dressing (yes). A mail-order printer ink refill service.[5] Update on: Stress Free Kids (from episode 103). 
12 "Episode 112" January 15, 2010 (2010-01-15) 113
Ideas pitched: An environmental friendly T-shirt line. A tanning/massage pillow with a little compartment. A gift shop for children. An individually packaged, environmental friendly wet wipes. (yes) [6] Update on: Body Jac push-up machine (from episode 105). 
13 "Episode 113" January 29, 2010 (2010-01-29) 114
Ideas pitched: Lipstick mold(yes), Ice Cream vendor, decaf test system (yes), legal service coffee franchise [7] Update on: Treasure Chest Pets (from episode 108). 
14 "Episode 114" February 5, 2010 (2010-02-05) 110
Ideas pitched: Mail order greeting balls, bendable construction toy (yes), in home shoe party franchise, liquid llama fertilizer, new design for an umbrella (yes). Update on: Lifebelt (from episode 102). 
15 "Episode 115" unaired (unaired) 115

References

External links


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