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Shark tank review - Essay Example

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This essay describes Shark tank show is made up of four investors who are ready to invest on inventors and innovators who peach their proposals to them. The investors in the show are known as the sharks and they include Barbara Corcoran, Kevin O'Leary, Robert Herjavec and Daymond John…
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Download file to see previous pages The second entrepreneur is Dave Greco who was asking for 90,000 for a 40% stake in his company. He claims he is a successful sales man and he claims he has a solution for companies through boosting their sales through packaging the sales strategies in a mobile application. The sharks quit on the deal after finding his pitch to have many inconsistent. Mark was the only shark that had made an offer but later withdrew his offer therefore Dave was not successful. The third entrepreneur in this episode was rick smith who was offering his Vegas magic show to the sharks at 1.5m for a 20% of the company. Rick was offering a family friendly magic field show in Las Vegas. The sharks did not get convinced as they claimed his business was not unique and its market is very competitive. Based on the reasons all the sharks quit on the deal and rick walks away without a deal. The final entrepreneur is Donny McCall whose business, known as invest a rack, involved the transformation of a pickup truck in about 30 minutes to a larger cargo carrying vehicle. He was asking for $100,000 for a 10% stake in his company. Sharks claim that he should get into distribution and go oversees to cut cost therefore all sharks quit on the deal.
On season 3 episode 3 the first entrepreneur is Travis Perry business was a two month program that allowed people to learn how to play the guitar through the a chord cuddy. The sharks are very impressed with idea. Travis asking price was 10% stake for a $125k in the company. ...Download file to see next pagesRead More
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