The TV show Shark Tank has broadcasted more than 240 episodes and is in its eleventh season on ABC. The concept behind the show is simple: contestants pitch out new product ideas to a board of celebrity “sharks” who break down their innovative ideas as they gauge which ones are deserving of financing. Call it entrepreneurism as mass entertainment.
Until now, Shark Tank has put $100 million in different projects on the show. Even when the ideas pitched by the contestants aren’t picked up, they are able to find alternate funding as they are exposed to a wider audience. Fruitful companies that have shown up on the show include Scrub Daddy, Bombas, Tipsy Elves, and Squatty Potty.
So, let us get to know these talented investors on Shark Tank.
Lori Greiner
Lori is the most loved on Shark Tank and has an expected total asset of $100 million. She’s been known for having a skill for finding and inventing new products, and claims that she’s always able to tell immediately whether a product is worth the investment or not. This is the thing that makes Lori such an ideal Shark to cooperate with, she recognizes what will work and how to sell it.
On Shark Tank, Lori has made more than 60 deals, adding up to more than $9 million with numerous products getting very successful. On the off chance that she winds up going in on a deal with another Shark, she usually teams up with Mark Cuban.
Mark Cuban
Altogether, Mark has made 85 deals and the estimation of each one of those investments set up is an incredible $19,850,000. It’s no joke, he’s contributed a great deal on some staggeringly smart ideas and $2,000,000 of that sum was put into Ten Thirty One Productions, an entertainment company that makes and delivers live attractions in the horror genre, for 20% of the company. Incidentally, if he collaborates with anybody, he mostly teams up with Robert Herjavec.
Kevin O’Leary
Kevin has all sorts of projects and investments. In March 2007, he partnered with the advisory board of Genstar Capital, a private equity firm centered around medical care administration investments. He likewise helped to establish O’Leary Funds Inc.; a mutual fund company that centers around worldwide yield contributing with his sibling filling in as a director. A couple of years after that, in 2014, O’Leary Investments was launched into the world after some legitimate issues with O’Leary Funds Inc. His new pursuit is a private, beginning phase capital investment company.
Barbara Corcoran
Barbara is a talented motivational speaker who as often as possible adds to independent business and real estate discussions on most significant companies. She’s one of the longest standing Sharks and has put resources into 53 deals on Shark Tank alone, yet 80 altogether including those that are outside of the show.
At the point when Barbara’s not going in alone on a deal, she teams up with Mark Cuban. All the more often, however, she does deals all by herself, and she’s put $5,465,000 into an investment on Shark Tank. Her biggest investment was with Coverplay, a slipcover for kids’ play regions, for 40% of the company at $350,000 (season 1, scene 4).
Daymond John
Daymond John was brought up in Hollis, Queens, and is currently a notable businessman, investor, writer, and motivational speaker and now worth $250 million. At 10 years old, Daymond had his first activity giving out flyers for $2 every hour and in secondary school, he had the option to join a program that let him work all day while going to class by rotating weekly. He says this was what ingrained an entrepreneur in him.
Robert Herjavec
Robert was born in Croatia; his family chose to move to Canada when he was 8 years of age. Fast forward to years after the fact and Robert established BRAK Systems, which is a Canadian integrator of Internet security programming. Afterward, in 2000 he was able to sell the company for $30.2 million.
Only a couple of years after that, in 2003, he founded The Herjavec Group, one of Canada’s biggest data tech and PC security companies. Their yearly income is $200 million.
The cast of ABC’s Shark Tank is a pivoting group of investors, business specialists, independent mogul, and extremely rich people. These are the core group members of 6 sharks (Lori Greiner, Mark Cuban, Kevin O’Leary, Barbara Corcoran, Daymond John, and Robert Herjavec), 5 of which show up on some random scene of Shark Tank. Occasionally, the Shark Tank cast incorporates special investors like Jeff Foxworthy, John Paul DeJoria, Steve
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Zakary Kelley is a technology reporter for Business Blurb covering social media and the digital products that are changing our lives.