This article provides all the information related to the shark tank. What this is all about and the best deals ever made on this show.
WHAT IS SHARK TANK?
While referring to the word shark tank, do not actually think it is a tank for shark.
Basically, it is an American business reality television series. Five investors (who are also called shark) decide based on the business presentations of entrepreneurs whether they want to invest or not invest in their company. The show has a total of 12 seasons and 266 episodes. Shark tank is created by Mark Burnett and directed by – Craig Spirko, ken Fuchs, and alan carter.
It was premiered on August 9, 2009, on ABC, and the most recent season was aired on October 16, 2020. Owing to its popularity, many international versions like shark tank Australia, shark tank Colombia, shark tank Mexico, shark tank Nepal, and shark tank Vietnam. Many popular guests have appeared on the show, but the main sharks include – Kevin O’Leary, Barbara Corcoran, Daymond John, Robert herjavec, Kevin Harrington, Mark Cuban, and Lori Greiner.
Top 5 Best Shark Tank Deals
Bombas is an apparel brand focused on the sock and aimed at giving back to those in need. One pair of socks purchased is one pair of socks donated. Bombas is founded by David health and Randy Goldberg. Initially, the brand only sold socks now they started t-shirt as well recently. Bombas has donated more than 40 million items. Daymond John invested in this brand, A whopping 200,000 US dollars for a 17% stake. Today Bombas has a net worth of 100 million US dollars.
2. Scrub daddy
Lori Greiner invested 200,000 US dollars for a 25% stake at scrub daddy. Scrub Daddy is a cleaning tools company known for its popular scrub in the shape of a smiley. The sponge is made with a product that reacts differently to hot and cold water. The sponge becomes soft textured in hot water and hard textured in cold water.
Now they have more diverse products like sink organizers and soap dispensers. Scrub Daddy is founded by Aaron Krause and the product is also known as America’s favourite sponge. After the success of scrub daddy, the creators also came out with the scour daddy, the screen daddy, and the eraser daddy.
3. Squatty potty
Founded by bobby Edwards and Judy Edwards, the squatty potty is an American personal care company. Lori Greiner invested 350,000 US dollars for a 10% stake at the squatty potty. The squatty potty is made to fit at the base of your toilet with a slide-out footrest.
It elevates your leg to give you a squatting position helping in solving many common issues faced daily, such as constipation. It aims to correct your position while defecating. The net worth of squatty potty stands at 19 million US dollars.
4. Simply fit board
Lori Greiner invested 125,000 US dollars for a 20% stake at the fit board. Simply fit board has a net worth of 160 million US dollars. It is founded by a mother-daughter duo Gloria Hoffman and Linda Clark. They pitched this idea in 2015 during season 7 of shark tank. The fit board is basically a balance board made of plastic.
It helps you burn calories and tone muscles while also improving your balance. Any simple exercise which requires you to balance yourself on that board tends to burn calories. One of the primary exercises includes stepping on the board and twisting. It also consists of a DVD that teaches you some exercise you can practice.
5. The original comfy
The original comfy was launched in 2017 at the shark tank. Barbara Corcoran invested 50,000 US dollars for a 30% stake at the original comfy. This product is founded by brian and Michael Speciale. The comfy basically is a blanket you can wear and fit for all age groups.
Viral social media videos resulted in sales to more than seventy countries in just ten days. After the launch of original comfy now the products are diversified into a comfy hoodie, kid comfy, etc. the net worth of the original comfy today stands at 150 million US dollars.
Icapsulate is an Australian coffee company. They are compatible with the production of biodegradable coffee pods with Nespresso machines. The CEO of the Icapsulate says that during its pitch with the shark tank of Kane Bodiam, who is the world’s first biodegradable Icapsulate capsule know for their coffee shaft.
Icapsulate is Australia’s biodegradable producer of coffee pods. In 2017 Kane Bodiam, the company’s affiliate gave Shark Tank Australians a 22.5-million dollars share bid. It is also the biggest deal ever made on Australian Shark Tank.
Shark tanks have emerged as one of the most successful businesses in recent times and have earned a lot of profit with a lot of fame; in early times, they have acquired many valuable deals, anyone could ever think of. Here we have listed the top 5 best deals of a shark tank you should look for.