Shark Tank has entertained viewers for the past fourteen years and inspired an entrepreneurial spirit that has spread to many countries.
People want to take chances, expand their businesses, spread their hobbies, and seek funding. The series’ popularity has soared to the point where its 15th season, which started on September 30, 2023, has already been completed.
Mark Cuban, Lori Greiner, Kevin O’Leary, Barbara Corcoran, Daymond John, Robert Herjavec, and Kevin Harrington are here once more to listen to the business owners’ pitches as they seek money to expand their companies.
A pitch from a potential investor explaining their goods or services opens each show. When the investor requests a stake, equity, grace periods, or the full purchase of the company, the Sharks discuss the terms after accepting the offer.
Shark Tank Season 15 Episode 2 Recap
Shark Tank Season 15 Episode 2 was titled “StormBag, Return Home, Matador Meggings, TOAST-IT.” Micha Truman and Katey Houstonno, the founders of Return Home, aim to expand the options available to families planning funerals for their loved ones’ remains.
Composting is a service that their business provides in place of the more conventional techniques already in use.
They established a business that provides what they call a more sustainable end-of-life service, motivated by worries about the impact that caskets and the fuel used in cremation have on the environment.
Alternatively, the Terramation process turns a human body into soil in 60 to 90 days. They charge $5,000 for their service in addition.
Micha and Katey are questioned by Lori Greiner about their history. Katey reveals that she has been a funeral director for a long time and that helping the family members left behind when individuals die away is her passion.
Micha reveals that he managed The Knot for 20 years in China. Return Home was founded because he wanted to develop a company that benefited society upon his return to the United States.
In terms of sales, they made $350,000 in the year before filming. By the second quarter of the year of filming, they had already surpassed $350,000 and were still expanding.
They have also raised $5 million, but they are still in the red. Sharks are astounded by their unexpected $40 million valuation. Micha tries to sell the company to the sharks once more when Kevin O’Leary asks them to defend this. At this moment, Mark Cuban loses interest and leaves.
Kevin requests a breakdown of profits, and Lori pushes the entrepreneurs to convince her that she should give them $2 million in exchange for 5% of the business. According to Micha, they make $3,800 out of the $5,500 service fee while spending $1,200. Furthermore, they think that by keeping costs low, it will become a more accessible choice.
Kevin is upset that the business did not charge more, especially considering cremation costs just a little less than that, while burials can cost as much as $8,000 for a funeral. This, along with the valuation, prompts him to leave.
Shark Tank Season 15 Episode 3 Release Date
Shark Tank Season 15 Episode 3 will air on Friday, October 13, 2023, at 20:00 hrs Eastern Time, United States. Each episode will have a duration of around 45 minutes. The release times in different countries are:
- Pacific Time (PT): 12:00 (midnight) PT (Friday, October 13, 2023)
- Central Time (CT): 11:00 PM CT (Friday, October 13, 2023)
- Mountain Time (MT): 18:00 (1:00 AM) MT (Friday, October 13, 2023)
- British Summer Time (BST): 08:00 AM BST (Saturday, October 14, 2023)
- Central European Summer Time (CEST): 09:00 AM CEST (Saturday, October 14, 2023)
- Australian Eastern Standard Time (AEST): 05:00 PM AEST (Saturday, October 14, 2023)
- Sydney Time (Australia): 06:00 PM (Saturday, October 14, 2023)
- New Zealand Standard Time (NZST): 08:00 PM NZST (Saturday, October 14, 2023)
Where Can You Watch Shark Tank Season 15 Episode 3?
Watch the new Shark Tank season on ABC at the times and dates noted above. You can log in to the ABC website or app using your login details if you have cable.
During its broadcast hours, the show will be streamed live on pay-per-view services like YouTube TV, Fubo TV, Directv Streaming, Philo, Sling, Hulu + Live TV, and Spectrum on Demand.
In addition, all of Hulu’s membership options range in price from $7.99 per month to $79.99 per month, including live TV, Disney Plus, and ESPN. Access to Shark Tank and all of its previous seasons is also included in these subscriptions.
