Shark Tank | |
---|---|
Season 2 | |
Starring | |
No. of episodes | 13 |
Release | |
Original network | Network Ten |
Original release | 8 May 7 July 2016 | –
Season chronology |
The second season of Shark Tank aired on Network Ten on 8 May 2016 and concluded 7 July 2016. The series was confirmed on 9 June 2015.[1]
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]
Shark | Offers Made | Deals Made | Total Investment |
---|---|---|---|
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 |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Mick Spencer | "On The Go Sports"[4] Custom sports apparel e-commerce |
$3 million | $300k for 10% Stake | $300k for 20% Stake | $300k for 20% Stake | $300k for 20% Stake | — | — | Accepted 2nd Revised Counter Offer[5][6][7][8][9][10] |
Counter Offer $300k for 15% Stake (Share) |
Revised Counter Offer 600k for 35% (Share) | |||||||||
2nd Revised Counter Offer 600k for 30% (Share) |
Accepted 2nd Revised Counter Offer 600k for 30% (Share) | |||||||||
2 | David Lambasa | "Clever Score"[11] Design and manufacturing company for manual scoreboards |
$800,000 | $200k for 25% Stake | — | — | — | — | $200k for 50% Stake of Entire Business | Rejected Glen's Offer[12][13] |
Counter Offer $200k for 33% Stake |
Revised Counter Offer $200k for 50% Stake + $75k Salary for David | |||||||||
3 | Lynton V Harris | "Sharknado Alive" Live interactive attraction based on the Sharknado brand |
$950,000 | $475k for 50% Stake | $475k for 50% Stake (Share) | Accepted Offer[14][15] |
# | 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 | — | — | — | — | $250k for 33% Stake | Rejected Glen's Offer[17][18][19] |
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 | — | — | — | — | Accepted Offer[20][21][22][23][24][25] |
3 | Shath & Bren | "Super Orbs" Bite sized vegan snack meal made with organic super-foods |
$1 million | $200k for 20% Stake | — | — | — | — | — | No Offers[26] |
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 | — | $200k for 20% Stake (Shared with Andrew) |
$200k for 15% Stake | — | — | Accepted Counter Offer[27][28][29][30][31] |
Counter Offer $200k for 16% Stake (2 Sharks) |
Accepted Counter Offer $200k for 16% Stake |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Mick D | "Tag International"[33] An outdoor adventure and team-building company |
$500,000 | $100k for 20% Stake | $100k for 35% Stake (Shared) | — | $100k for 35% Stake (Single offer) | $100k for 25% Stake | — | Accepted Counter Offer[34][35] |
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"[36] Online fitness company that gives you access to online fitness workouts |
$250,000 | $50k for 20% Stake | $50k Loan | — | — | $50k for 25% Stake | — | Accepted Naomi's Offer[37][38] |
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 | — | — | — | — | — | No Offers[39][40] |
4 | Michael Timbs | "Betswaps.com"[41] An online sports tipping marketplace |
$2 million | $200k for 10% Stake | $200k for 15% Stake | — | $200k for 30% Stake | $200k for 20% Stake | $200k for 15% Stake | Accepted Counter Offer[42][43][44][45][46] |
Counter Offer $200k for 15% Stake (Steve & Glen) |
Accepted Counter Offer $200k for 15% Stake (Shared) |
Accepted Counter Offer $200k for 15% Stake (Shared) |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Marc Berryman | "Rhinohide"[48] A tough, removable body armour that protects 4x4 cars against dents and scratches |
$800,000 | $80k for 10% Stake | $80k for 35% Stake | — | $80k for 20% Stake + $40k Loan | — | $80k for 10% Stake | Accepted Revised Offer[49][50][51] |
Counter Offer $80k for 10% Stake each (Andrew & Glen) |
Revised Offer $80k for 10% Stake | |||||||||
Accepted Revised Offer $80k for 10% Stake (Share) |
Accepted Revised Offer $80k for 10% Stake (Share) | |||||||||
2 | Perry Ormsby | "Ormsby Guitars"[52] Handmade guitars from very rare timbers |
$2 million | $200k for 10% Stake | — | $200k Loan for 10% Stake, Repayable at 10% Interest | — | — | — | Rejected Steve's Offer[53][54][55] |
Counter Offer $200k Loan for 10% Stake. Dropping to 5% when Loan is repaid. |
$200k Loan for 10% Stake, Repayable at 10% Interest | |||||||||
Offer Rejected | Rejected Counter Offer | |||||||||
3 | Steve Johnson & Christian Shaefer | "Carhood"[56] Airport car sharing platform while they are travelling. |
$4.545 million | $500k for 11% Stake | — | — | — | — | — | No Offers[57][58][59][60][61] |
4 | Matt Gillett | "2Shu" A shoe that can be converted between a thong or a closed-toe shoe and vice versa |
$375,000 | 150k for 40% Stake | — | $150k for 25% Stake in Matt's entire business | — | — | — | Accepted Offer[62][63][64] |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Marlies & Jai Hobbs | "Paleo Café" Health food store and cafe franchise |
$7.5 million | $750k for 10% Stake | — | $750k for 38% Stake | — | — | — | Accepted Janine's Initial Offer[66][67][68] |
Counter Offer $750k for 25% Stake | ||||||||||
2 | Michelle & Troy Tornabene | "Pitzstop" Disposable male armpit guards |
$200,000 | $50k for 25% Stake | — | — | — | — | — | No Offers[69] |
3 | Anna Walsh | "Body Peace Clothing"[70] A range of eco-friendly clothes from bamboo |
$600,000 | $90k for a 15% Stake | $90k for a 25% Stake | $90k for a 20% Stake | — | — | — | Accepted Revised Counter Offer[71][72] |
Revised Offer $90k for 15% Stake | ||||||||||
Accepted Revised Counter Offer $180k for 30% Stake (Share) | ||||||||||
4 | Keegan, Matt, Nick & Lee | "Friday Beers"[73] A subscription of cold craft beers delivery service every Friday |
$250,000 | $25k for 10% Stake | $25k for 10% Stake | — | — | — | — | Accepted Offer[74][75][76][77][78] |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Bernie Sharrad | "Cap Hat"[80] A detachable cover for a cap or hat that provides full sun protection |
$480,000 | $120k for 25% Stake | $120k Loan for 10% p.a. No equity (Share with Andrew) | — | $120k Loan (Share with Steve) and a future option to take a 15% equity stake in the business. | Connect Bernie with two retail giants | — | Accepted Offer[81][82][83] |
2 | Dylan Samra & Daniel Cunningham | "ASAP Delivery" An SMS-based on-demand service |
$1.6 million | $160k for 10% Stake | — | — | — | — | — | No Offers[84][85] |
3 | Julia Sakr | "Potty Plant"[86] A real grass dog toilet per subscription |
$700,000 | $70k for 10% Stake | — | — | — | — | $70k for 30% Stake | Accepted Revised Counter Offer[87][88] |
Counter Offer $70k for 20% Stake |
Accepted Revised Counter Offer $70k for 25% Stake | |||||||||
4 | Fred Keizer | "Automated Flaggers" A signaling system that takes traffic signalers out of harms way. |
— | Launch the invention for a carton of beer | Offer to make some calls for 5 cartons of beer (Each) | Accepted Offer[89] |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Briella Brown | "Your Closet"[91] A luxury dress rental service |
$400,000 | $80k for 20% Stake | — | $80k for 30% Stake (Share with Steve) | — | $80k for 40% Stake | — | Accepted Joint Offer[92][93][94][95][96][97] |
Counter Offer $80k for 30% Stake (Naomi & Janine) |
Joint Offer $80k for 40% Stake (Share with Naomi) |
Joint Offer $80k for 40% Stake (Share with Janine) | ||||||||
2 | Guy & Pepe Marshall | "Super Food Sushi" Vegan sushi cafe |
$1.136 million | $250k for 22% Stake | — | — | — | — | — | No Offers[98] |
3 | Adam Countts | "Red Burlesque"[99] A range of red lipsticks |
$500,000 | $150k for 30% Stake | — | — | — | — | — | No Offers[100] |
4 | Demitrias & Utah Rejtano | "2WHEELBoard" A combination of skateboarding and snowboarding |
$500,000 | $100k for 20% Stake | — | — | — | $100k Loan | — | Accepted Offer[101][102] |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Liz Kaelin | "You Chews" An online marketplace for workplace catering |
$2.5 million | $125k for 5% Stake | $125k for 12.5% Stake | — | — | — | — | Accepted Steve's Initial Offer[104][105][106][107] |
Counter Offer $125k for 9% Stake | ||||||||||
2 | Isabella Dymalovski | "Luv Ur Self"[108] A skincare range for young teenage girls |
$325,000 | $65k for 20% Stake | — | — | — | — | — | No Offers[109][110][111] |
3 | David Lovato | "Crowd Property Capital"[112] An innovative peer-to-peer platform that allows investors to lend funds to borrowers |
$400,000 | $80k for 20% Stake | — | — | — | — | — | No Offers[113][114][115] |
4 | Joshua Young | "auug"[116] A mobile app and hardware product that allows you to play musical instruments |
$1 million | $50k for 5% Stake | — | — | $50k for 10% Stake | $50k for 7.5% Stake | — | Accepted Andrew's Offer[117] |
$100k for 20% Stake (Share) |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jen Lawrence & John Bennett | "newagestore.com"[119] A spiritual and guidance website |
$1 million | $100k for 10% Stake | — | — | — | $100k for 20% Stake | — | Accepted Offer[120][121][122] |
2 | Roberto Durso | "Exfolimate"[123] An exfoliating tool to clean away dead skin from the body |
$2.2 million | $1.1m for 50% Stake | — | — | — | — | — | No Offers[124] |
3 | Lee Holmes | "Supercharged Food"[125] Online website which offers anti-inflammatory recipes for improved health |
$1 million | $200k for 20% Stake | — | $100k for 35% Stake + $100k Loan | — | $200k for 50% Stake | — | Accepted Janine's Offer[126][127] |
4 | Andy Mehringer | "New Eye Company"[128] Workplace safety glasses that support prescription lenses through foil inserts |
$750,000 | $150k for 20% Stake | $150k for 25% Stake | — | $150k for 30% Stake | — | $150k for 30% Stake | Accepted Offer[129] |
$150k for 30% Stake (Share) | $150k for 30% Stake (Share) | $150k for 30% Stake (Share) |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Omid Rad | "Intelliweed"[131] An environmentally friendly weeding tool that pierces the weed and releases a herbicide. |
$2.3 million | $175k for 7.5% Stake | $175k for 33.3% Stake | — | $175k for 30% Stake | — | $175k for 15% Stake | Accepted Glen's Offer[132] |
$175k for 25% Stake | ||||||||||
2 | Oran Harel | "HairLuxe"[133] A product which eliminates the look of balding or thinning hair |
$250,000 | $50k for 20% Stake | — | — | — | — | — | No Offers[134] |
3 | Maria Nicola | "10-Way Necklace"[135] A necklace that can be worn ten different ways |
$375,000 | $75k for 20% Stake | — | $75k for 40% Stake | — | $75k for 40% Stake | — | Accepted Naomi's Initial Offer[136][137][138][139] |
Counter Offer $75k for 30% Stake | ||||||||||
4 | Sam Begg | "Hit With Me"[140] An app that helps individuals find someone to play tennis with |
$250,000 | $50k for 20% Stake | — | — | — | — | $50k for 50% Stake | Accepted Counter Offer[141][142][143] |
Counter Offer $50k for 49% Stake |
Accepted Counter Offer $50k for 49% Stake |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Dennis, Dimitri & Leon | "Kisa Phone"[145] Easy to use mobile phone for the elderly |
$4 million | $200k for 5% Stake | — | $200k for 20% Stake | $200k for 15% Stake | $100k for 10% Stake + $100k Loan | — | Accepted Naomi's Offer[146][147] |
2 | Robert Crocitti & Michael Nuciforo | "Parkhound"[148] A company that finds and leases affordable parking spaces from property managers |
$4 million | $400k for 10% Stake | — | $400k for 33% Stake | — | $400k for 30% Stake (Share with Glen) | $200k for 15% Stake + $200k Loan | Rejected Naomi and Glen's Offer[149][150][151] |
Counter Offer $400k for 20% Stake (Naomi & Glen) |
$400k for 30% Stake (Share with Naomi) | |||||||||
3 | Tom Maclean | "Sofi Spritz"[152] An all-natural, Australian wine spritzer |
$1.3 million | $130k for 10% Stake | $130k for 10% Stake (Share with Glen) | $130k for 17% Stake | $130k for 15% Stake | — | $130k for 12% Stake | Accepted Steve & Glen's Offer[153][154][155][156] |
$180k for 17% Stake | $130k for 10% Stake (Share with Steve) | |||||||||
4 | Fitzy & Wippa | "Mup" A mint built into the underside of a coffee cup |
$6 million | $300k for 5% Stake | — | $500k for 5% Stake | $500k for 5% Stake | $500k for 2.5% Stake | $300k for 100% Stake | Rejected Offers[157][158] |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Joel Norford | "Pentablock"[160] A unique interlocking construction block |
$3.5 million | $350k for 10% Stake | — | $150k for 17% Stake + $200k Loan | — | — | $350k for 33% Stake | Accepted Janine's Offer[161][162] |
2 | Benny Tong | "Bitzong Robotics" A robotic alarm clock |
$200,000 | $20k for 10% Stake | — | — | — | — | — | No Offers[163] |
3 | Paul Watts & Lisa Pallazi | "Nit Ninjas" A cotton lace hat insert that treats and prevents nit infestations |
$400,000 | $80k for 20% Stake | — | — | — | — | — | No Offers[164][165] |
4 | Joanne Bowskill & Holly Boal | "Get Kids Cooking"[166] Hands-on cooking classes for primary school children |
$1.5 million | $150k for 10% Stake | $150k for 40% Stake | — | — | — | $150k for 30% Stake | Accepted Counter Offer[167][168][169] |
Counter Offer $150k for 20% Stake |
Accepted Counter Offer $150k for 20% Stake |
# | Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Sally Copus | "Lil Fairy Doors" A miniature magical door children can attach to their bedroom wall allowing fairies to come and visit |
$1.625 million | $325k for 20% Stake | $325k for 20% Stake | $325k for 20% Stake | $325k for 20% Stake | $325k for 20% Stake | $325k for 20% Stake | Accepted Naomi and Glen's Offer[171][172][173][174][175][176][177] |
Combinated Offer $486k for 30% Stake and the option of a $325k Loan (Steve, Janine & Andrew) |
Combinated Offer $325k for 20% Stake and the option of a $325k Loan (Naomi & Glen) | |||||||||
2 | Matt Harris | "Vegepod"[178] A self-contained vegetable and herb planter |
$750,000 | $75k for 10% Stake + $150k Loan | — | — | — | $150k for 20% Stake + $75k Loan | — | Accepted Offer[179][180][181][182] |
3 | Luke & Vanessa Gosden | "Torque Safe"[183] A business that manufactures and sells safety switches for dangerous hydraulic torque tools |
$2 million | $300k for 15% Stake | — | — | $450k for 50% Stake (Share with Glen & Steve) | — | $300k for 30% Stake | Accepted Counter Offer[184][185][186] |
Counter Offer $500k for 50% Stake (Steve, Andrew & Glen) |
Accepted Counter Offer $500k for 50% Stake (Share) |
Accepted Counter Offer $500k for 50% Stake (Share) |
Accepted Counter Offer $500k for 50% Stake (Share) | |||||||
4 | Greg Ollerhead & Kate Fuller | "One World"[187] A range of furniture and house decorations |
$3.5 million | $700k for 20% Stake | — | $700k for 35% Stake | — | — | $700k for 40% Stake | Accepted Offer[188][189] |
$700k for 33% Stake (Share) | $700k for 33% Stake (Share) |
No. | Title | Air date | Timeslot | Overnight ratings | Ref(s) | |
---|---|---|---|---|---|---|
Viewers | Rank | |||||
1 | Episode 1 | 8 May 2016 | Sunday 9:00pm | 479,000 | 13 | [190] |
2 | Episode 2 | 15 May 2016 | Sunday 9:00pm | 449,000 | 13 | [191] |
3 | Episode 3 | 22 May 2016 | Sunday 9:00pm | 596,000 | 11 | [192] |
4 | Episode 4 | 25 May 2016 | Wednesday 8:30pm | 636,000 | 14 | [193] |
5 | Episode 5 | 1 June 2016 | Wednesday 8:30pm | 539,000 | 18 | [194] |
6 | Episode 6 | 8 June 2016 | Wednesday 8:30pm | 625,000 | 14 | [195] |
7 | Episode 7 | 9 June 2016 | Thursday 8:30pm | 609,000 | 11 | [196] |
8 | Episode 8 | 15 June 2016 | Wednesday 8:30pm | 700,000 | 9 | [197] |
9 | Episode 9 | 16 June 2016 | Thursday 8:30pm | 646,000 | 11 | [198] |
10 | Episode 10 | 22 June 2016 | Wednesday 8:30pm | 483,000 | — | [199] |
11 | Episode 11 | 23 June 2016 | Thursday 8:30pm | 595,000 | 12 | [200] |
12 | Episode 12 | 30 June 2016 | Thursday 9:30pm | 452,000 | 19 | [201] |
13 | Episode 13 | 7 July 2016 | Thursday 8:30pm | 580,000 | 13 | [202] |