Ten has now locked in Shark Tank for Sundays from next week.
Hosted by Studio 10’s Sarah Harris, Shark Tank features five of Australia’s most successful self-made multi-millionaires on the hunt for the next big idea.
Janine Allis (Boost Juice), Andrew Banks (Talent2), Steve Baxter (internet pioneer), John McGrath (McGrath Estate Agents) and Naomi Simson (RedBalloon) are Australia’s first “Sharks”. The Sharks, who are collectively worth more than $1 billion, will use their years of experience and success to take the inventions presented to them and turn them into real products and businesses – creating a new generation of millionaire entrepreneurs along the way.
The Sharks will debate, argue over and judge the products and concepts brought to them – and, if they like what they see, compete to invest their own money.
Steve Baxter, who sold his most recent IT venture for more than $370 million, said he was hugely impressed with the quality of ideas and inventions presented on Shark Tank. “Shark Tank is the perfect platform to reach all Australians and teach them not only how to start a business but how to make it a very successful business,” Steve said.
Australians have a long history of inventing globally successful products – everything from the wine cask, the bionic ear and the refrigerator to baby safety capsules, the electric drill and Google maps. More than 3,000 Australians applied to be part of Shark Tank,with New South Wales edging out the other states for the most number of “wantrepreneurs” keen to pitch their wares to the Sharks.
Shark Tank. Launches Sunday, February 8 on Ten.