Shark Tank is an American business reality TV show. ABC premiered this show on August 9, 2009. This show is the American license of the international reality TV show format, “Dragons’ Den.” It was originated in Japan under the name, “Tigers of Money” in 2001. It is the show where presenters are business persons or investors, often called sharks. The entrepreneurs, sales pitch their brand or company or a product to the panel of investors, who will decide whether to invest in their company. Some investors appear as a guest while some appear in all episodes. The show pays the investors as cast stars, while the investment amount is their own.
The main sharks or investors of this are Kevin O’Leary, Daymond John Daymond John is an associate Yankee man of affairs >> Read More... , Barbara Corcoran Barbara Corcoran, a famous TV personality and an A >> Read More... , Robert Herjavec, and some other famous business magnate who appears as a guest to this show. The sharks usually find faults in the entrepreneur's presentation on their company or product. The show airs the drama of pitch meetings and the interaction between the entrepreneurs and the sharks. The one-hour pitch is edited and presented with a duration of 10-minutes.
Some sharks are soft to the contestants as Robert Herjavec, but some panel members like Kevin O’Leary are so brutal in dealing with the entrepreneurs. The show has become a big success in the television industry. It won the Primetime Emmy Awards for the ‘Outstanding Structured Reality Program' for four times (2014-2017). Before that, it won the ‘Outstanding Reality Program' award.
Many companies have reported that their revenue has increased 10-20 times, after the airing of the show. The show is successfully running its eleventh series. Some notable companies that appeared on Shark Tank platform are Doorbot (now known as Ring, acquired by Amazon), Scan (acquired by Snapchat), etc., The series aired weekly, some seasons on Friday at 8.00 pm, sometimes at 9.00 pm, while some seasons on Sunday, 9.00 pm. Watch this show and explore the ideas and products of the various start-ups.
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