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Shark Tank (Australian TV series) season 2

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Shark Tank (Australia season 2)
Season 2
Starring
No. of episodes13
Release
Original networkNetwork Ten
Original release8 May (2016-05-08) –
7 July 2016 (2016-07-07)
Season chronology
← Previous
Season 1
Next →
Season 3

The second season of Shark Tank Australia aired on the Ten Network on 8 May 2016 and concluded 7 July 2016. The series was confirmed on 9 June 2015.[1]

Summary

The show features a panel of potential investors, named "Sharks", who listen to entrepreneurs pitch ideas for a business or product they wish to develop. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their own money to help market and mentor each contestant.[2]

Investments by Shark

Shark Offers Made Deals Made Total Investment[3]
Janine 17 11 $2,325,000 + Beer
Glen 17 13 $1,676,666 + Beer
Steve 18 13 $1,326,666 + Beer
Naomi 16 10 $1,110,000 + Beer
Andrew 16 10 $851,666 + Beer

Episodes

Episode 1

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Mick Spencer "On The Go Sports"
- Custom made design sports wear business
$3 million $300k for 10% Stake $300k for 20% Stake (single offer) $300k for 20% Stake (single offer) $300k for 20% Stake (single offer) OUT OUT Accepted Revised Counter Offer
Counter Offer
$300k for 15% Stake
(3 Sharks Investing)
Revised Offer
$600k for 35% Stake
(3 Sharks Investing)
Revised Counter Offer
$600k for 30% Stake
(3 Sharks Investing)
Accepted Revised Counter Offer
$600k for 30% Stake
(3 Sharks Investing)
2 David Lambasa "Clever
Score"

- Manufactures and sells Manual Modular Scoreboard systems
$800k $200k for 25% Stake OUT OUT OUT OUT $200k for 50% of Entire Business Declined Revised Offer
Counter Offer - $200k for 33% of Entire Business Revised Offer - $200k for 50% Stake + $75k Salary for David
3 Lynton V Harris "Sharknado Alive"
- Live interactive attraction based on the Sharknado brand
$950k $475k for 50% Stake IN (Andrew's Offer) IN (Andrew's Offer) $475k for 50% Stake
(All Sharks Investing)
IN (Andrew's Offer) IN (Andrew's Offer) Accepted Offer

Episode 2

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Gary Elphick "Disrupt"
- self customiseable designs for world's sports equipments
$4.3 million $250k for 5.8% Stake OUT OUT OUT OUT $250k for 33% Stake Declined Offer
2 Will Davies & Dave Trumbull "Car Next Door"
- peer-to-peer car rental, a system which people rent privately owned vehicles on an hourly or daily basis to other registered users
$7.5 million $300k for 4% Stake $300k for 4% Stake
(same offer)
OUT OUT OUT OUT Accepted Offer
3 Shath & Bren "Super Orbs"
- bite sized vegan snack meal made with organic super-foods
$1 million $200k for 20% Stake OUT OUT OUT OUT OUT No Offers
4 Kath Purkis "Her Fashion Box (HFB)"
- A box full of beauty accessories and products based on a buyers look and personality
$1.6 million $200k for 12% Stake OUT $200k for 20% Stake
(Shared with
Andrew)
$200k for 15% Stake OUT OUT Accepted Counter Offer
Counter Offer
$200k for 16% Stake
(2 Sharks)
Accepted Counter Offer
$200k for 16% Stake

Episode 3

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Mick D "Tag International"
- an outdoor adventure and team-building company
$500,000 $100k for 20% Stake $100k for 35% Stake (Shared) OUT $100k for 35% Stake (single offer) $100k for 25% Stake OUT Accepted Counter Offer
Counter Offer
$100k for 30% Stake
(Steve & Andrew)
$100k for 35% Stake (Shared)
Accepted Counter Offer
$100k for 30% Stake
(Shared)
Accepted Counter Offer
$100k for 30% Stake
(Shared)
2 Sally Matterson "Extreme Shredder"
- Online fitness company that gives you access to online fitness workouts
$250,000 $50k for 20% Stake $50k Loan OUT OUT $50k for 25% Stake OUT Accepted Naomi's Offer
3 Richard Ploszaj "Troppo Bicycle"
-Redesigned Bicycle that goes faster, offers better exercise and body building benefits, enhanced comfort and safety
$10.2 million $5 million for 49% Stake OUT OUT OUT OUT OUT No Offers
4 Michael Timbs "Betswaps.com"
- An online sports tipping marketplace
$2 million $200k for 10% Stake $200k for 15% Stake OUT $200k for 30% Stake $200k for 20% Stake $200k for 15% Stake Accepted Counter Offer
Counter Offer
$200k for 15% Stake (Steve & Glen shared)
Accepted Counter Offer
$200k for 15% Stake (shared)
Accepted Counter Offer
$200k for 15% Stake (shared)

Episode 4

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 ""
-

Ratings

No. Title Air date Timeslot Overnight ratings Ref(s)
Viewers Rank
1 Episode 1 8 May 2016 Sunday 9pm 479,000 13 [4]
2 Episode 2 15 May 2016 Sunday 9pm 449,000 13 [5]
3 Episode 3 22 May 2016 Sunday 9pm 596,000 11 [6]
4 Episode 4 25 May 2016 Wednesday 8:30pm 636,000 14 [7]
5 Episode 5 1 June 2016 Wednesday 8:30pm 539,000 18 [8]
6 Episode 6 8 June 2016 Wednesday 8:30pm 625,000 14 [9]
7 Episode 7 9 June 2016 Thursday 8:30pm 609,000 11 [10]
8 Episode 8 15 June 2016 Wednesday 8:30pm 700,000 9 [11]
9 Episode 9 16 June 2016 Thursday 8:30pm 646,000 11 [12]
10 Episode 10 22 June 2016 Wednesday 8:30pm 483,000 [13]
11 Episode 11 23 June 2016 Thursday 8:30pm 595,000 12 [14]
12 Episode 12 30 June 2016 Thursday 9:30pm 452,000 19 [15]
13 Episode 13 7 July 2016 Thursday 8:30pm 580,000 13 [16]

References

  1. ^ Knox, David (9 June 2015). "Renewed: Shark Tank". TV Tonight. Retrieved 17 April 2016.
  2. ^ http://tenplay.com.au/channel-ten/shark-tank/about
  3. ^ "Top of the Tank". Ten Play. Retrieved 28 October 2016.
  4. ^ Knox, David (9 May 2016). "Sunday 8 May 2016". TV Tonight. Retrieved 9 May 2016.
  5. ^ Knox, David (16 May 2016). "Sunday 15 May 2016". TV Tonight. Retrieved 16 May 2016.
  6. ^ Knox, David (23 May 2016). "Sunday 22 May 2016". TV Tonight. Retrieved 23 May 2016.
  7. ^ Knox, David (26 May 2016). "Wednesday 25 May 2016". TV Tonight. Retrieved 26 May 2016.
  8. ^ Knox, David (2 June 2016). "Wednesday 1 June 2016". TV Tonight. Retrieved 2 June 2016.
  9. ^ Knox, David (9 June 2016). "Wednesday 8 June 2016". TV Tonight. Retrieved 9 June 2016.
  10. ^ Knox, David (10 June 2016). "Thursday 9 June 2016". TV Tonight. Retrieved 10 June 2016.
  11. ^ Knox, David (16 June 2016). "Wednesday 15 June 2016". TV Tonight. Retrieved 16 June 2016.
  12. ^ Knox, David (17 June 2016). "Thursday 16 June 2016". TV Tonight. Retrieved 17 June 2016.
  13. ^ Knox, David (23 June 2016). "Blues down as Origin dominates". TV Tonight. Retrieved 23 June 2016.
  14. ^ Knox, David (24 June 2016). "Thursday 23 June 2016". TV Tonight. Retrieved 24 June 2016.
  15. ^ Knox, David (1 July 2016). "Thursday 30 June 2016". TV Tonight. Retrieved 1 July 2016.
  16. ^ Knox, David (8 July 2016). "Thursday 7 July 2016". TV Tonight. Retrieved 8 July 2016.