Reality TV formats, where entrepreneurs pitch their business ideas to a set of potential capitalist investors in the hope of getting financed by them, is quite popular in the TV business. The format originated in Japan, with the 2001 TV show, Tigers of Money. Since then, as many as 30 countries have produced local shows based on the same format. The most popular names of the show are Dragon’s Den, a name that originated in the United Kingdom. Here, the investors are referred to as ‘Dragons’. Shark Tank is the United States rendition of the show, which has been running since 2009 on ABC.
The show has seen a total of 10 seasons so far. Now the question is, when will Shark Tank be coming back in 2019 for season 11? Here’s everything we know.
Shark Tank Cast: Who is in it?
Shark Tank showcases entrepreneurs presenting their business ideas to a panel of five investors or ‘sharks’ who then decide whether they will invest in their businesses. The show has been running for ten seasons now, each season containing 9 to as many as 29 episodes. The principle ‘sharks’ of the show are Kevin O’Leary, Barbara Corcoran, Robert Herjavec, Daymond John and Kevin Harrington. Kevin O’Leary is a Canadian businessman and the co-founder of O’Leary Funds and SoftKey.
Robert Herjavec is the founder and current CEO of Herjavec Group – a security solutions integrator, reseller and managed service provider. They both appeared as entrepreneurs in the Canadian Dragon’s Den before they set out to be sharks of America. Barbara Corcoran is an American businesswoman, investor and columnist. She began her career with the real estates and slowly moved forward to be one of the fabled business tycoons of America. Daymond John is the brains behind FUBU and is also the founder and CEO of The Shark Group, a management and consulting firm.
Other sharks of the TV show include Mark Cuban, owner of the basketball team, Dallas Mavericks, co-owner of 2929 Entertainment and chairman of AXS TV; TV personality, inventor and entrepreneur, Lori Greiner; John Paul DeJoria, a Greek-Italian-American billionaire, co-founder of the Paul Mitchell line of hair products and The Patrón Spirits Company; Ashton Kutcher, co-founder of the venture capital firm A-Grade Investments, Alex Rodriguez, Charles Barkley, Matt Higgins and many more.
Some impressive companies that have featured on Shark Tank are “Ring Inc. (then known as Doorbot),” a home security and smart home company now owned by Amazon; “Scan,” a mobile app development company, now acquired by Snapchat; “Coffee Meets Bagel,” a dating and social networking service; Breathometer, a device that claimed to measure one’s blood alcohol content using their smartphones, and several others. Shark Tank is an informative show, but the ‘sharks’ make sure that it entertains the audience. It is truly amusing to watch their insights on the various types of products that come through the door.
Most of the original Sharks are expected to return for season 11.
Shark Tank Plot: What is it about?
The American counterpart of the international format of Dragon’s Den, Shark Tank is a business reality TV series on ABC that premiered on August 9, 2009. The show has been a massive hit and has been rated favourably over the years of its activeness. The show features a panel of investors or ‘sharks’ who decide whether to invest in a specific product or company, as the entrepreneurs give a detailed presentation on the same. They often find weaknesses and errors in the concept or the product or the business model of the entrepreneurs. The smart ‘Sharks’ grill the entrepreneurs for such loopholes and weakness in their ideas of business.
While some investors like Barbara Corcoran try and soften the impact of rejection, some can be overtly brutal and at times ‘heartless’, as is the case with Kevin O’Leary. It is a reality TV show after all, so ‘drama’ is omnipresent throughout the show. The sharks are paid to be part of the cast of the show, but the money they invest (along with its revenue, of course) is their own and hence, they are thorough in their enquiries.
Sometimes, aspirants are fortunate enough to shake on a deal with the investors, but more often than not, they end up leaving empty-handed. According to Wikipedia, “the show portrays the drama of the interaction between the entrepreneurs and tycoons. A one-hour pitch by a single entrepreneur is edited down to a dramatic 10-minute scene. For the 2018 season, about 40,000 companies applied with 158 getting to pitch the Sharks and 88 of those making it to air.” The show is critically acclaimed and is nominated for the Emmys, almost every year. The show is a captivating one, and viewers interested in knowing about new products would surely get a kick out of it. On the other hand, it also provides an insight into new products and companies to reach out for.
Shark Tank Season Release 11 Date: When will it premiere?
Shark Tank Season 10 premiered on October 7, 2018. Since its release, the show has been one of the higher-rated TV shows on the network. High ratings and multiple awards have led the producers to take on a new season, every year. On February 5, 2019, ABC renewed the series for an eleventh season. Shark Tank Season 11 is all set to release on September 29, 2019. Save the date!
Shark Tank Trailer
While we wait for Shark Tank season 11, check out the trailer of season 10 below. .
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