Shark Tank has funded and created a number of new businesses, some of which get millions of dollars in sales. Here are the facts based on the 380 pitches from ABC’s ‘Shark Tank’
How often does a Shark Bite?
Online business broker Digital Exits went through every single pitch in the first five seasons of ‘Shark Tank’ (380 in total), to find out the main factors that make a winning deal. So, what makes a successful pitch?
The best way to get a Shark Tank deal is to pitch a food and beverage product, have more than $450,000 in sales, and offer $185,000 for 25% in equity. Here are the business categories that attract the sharks:
Dive into more, and become the perfect bait for the Shark Tank.