4/9/2023 0 Comments Framer shark tankAll the sharks were impressed with the Friday Beers team, with Allis saying “these guys were having a ball with their business”.īernie Sharrad’s CapHat, a hat that provides sun protection for users’ ears and necks, scored an investment with Baxter and Banks. ![]() Founder Michael Donaldson said he “had the advantage of watching season one to anticipate the questions,” and was very happy with the investment.ĢShu is a shoe which can be converted between thongs and closed-toe shoes, pitched to the sharks as ‘the most Aussie invention ever.” Allis decided to back ideas man Matthew Gillet to the tune of $150,000 for 25% of his business, which also secured Allis equity in any of Gillet’s future ideas, a unique outcome in the tank.īeer delivery company Friday Beers secured the first deal of June with Baxter, locking in $25,000 from the shark for 10% equity. ![]() “I’d love to get a discount somehow, is that going to happen?” – the ever-thrifty #SharkTankAU /LLaP8shOxdĪnother shark duo, this time Baxter and Banks, teamed up to invest $100,000 for a joint 30% equity stake in outdoor adventure and team-building company The Adventure Group. Despite saying he would have given the business his time anyway, Baxter offered a $300,000 investment for 4% stake in the business. In the same episode, car sharing service Car Next Door coaxed Baxter into a deal, offering the shark an additional $100,000 worth of equity for 30 hours of mentoring over three years. Later in May, Her Fashion Box and its founder Kath Purkis scored a $200,000 investment deal from Allis and Banks in exchange for 20% of her business. In the same episode, a full house of sharks invested in Linton Harris’ Sharknado production, going for a combined investment of $475,000 for a 50% equity stake. With an offer of $600,000 for a combined 35% stake in his business, founder Mick Spencer walked out a happy man. The first successful deal for the season was with three sharks – Allis, Baxter and Banks – who combined their forces to invest in custom sportswear business, On The Go Custom Sportswear. We’ve laid out the done deals and the dead deals of this season of Shark Tank. He walked out of the tank with five cases. ![]() Simson made 10 deals to the tune of $1.1 million, while Banks also made 10 deals, worth a total investment of approximately $851,000.ĭespite topping the list, Allis’ offer-to-deal conversion percentage was lower than some of the other sharks at 64%, slotting in third behind Baxter at 72% and Richards at 76%.Įach sharks’ investment total also includes beer, which is a reference to entrepreneur Fred Keizer who asked for a case of beer in return for his road-safety sign invention. Richards was next in line, with 13 deals made for a total investment of $1.6 million, followed by Baxter, with 13 deals worth $1.3 million. You'll also receive messages on behalf of our partners.
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