Shark Tank Australia Season 5 Episode 4: Release Date, Preview & Streaming Guide

One of the reality series titled Shark Tank Australia, which turns the dreams of hopeful entrepreneurs into reality by investing in it, has returned with a fifth season to fulfill the dreams of some selected entrepreneurs. The Australian version of the series has viewers’ hooked on entrepreneurs who have presented unique ideas behind their businesses.

The reality series gives entrepreneurs an opportunity to gain investment by impressing the sharks with a business idea that they couldn’t turn down, but like every series, it has its’ pros and cons’ as some dreams fail to turn into reality after sharks refuse to fund their business.

The series witnesses entrepreneurs competing with each other to gain a shark to fund their business, and some of them manage to get multiple sharks to fund their business.

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The reality series provides entrepreneurs with a lifetime opportunity, and if they are successful in impressing the sharks, they get the funds and manpower for their business, which would often result in the business growing and becoming successful.

Directed by Randall Churchill, this new season of Shark Tank Australia has Catriona Wallace, a businesswoman. Robert Herjavec, C.E.O. of The Herjavec Group, Jane Lu, a businesswoman, Sabri Suby, and Dave Fogarty in sharks role ready to fund your business if they like your pitch.

The reality series features a panel of potential interested investors who decide to fund a business after hearing the entrepreneurs’ pitch. Initially released on 8 February 2015 by Network Ten, the series managed to grab viewers’ attention similarly to other versions of Shark Tank and has been doing well.

The reality series has run for four successful seasons with more than 55 episodes. The series episode has a run time of 60 minutes in which three entrepreneurs get an opportunity to present their pitch to the sharks.

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Shark Tank Australia Season 4 Episode 3 Recap

The previous episode of Shark Tank Australia witnessed three entrepreneurs making a pitch for their business in an attempt to win investment from the sharks for their business. The episode starts with Sarah Forrai and Lewis Battersby, co-founder and C.E.O. of Countour Cube, who were the first to make their pitch for the sharks to fund.

Sarah was behind the idea of making a tool to help people ice their faces and body without the fuss of getting things messy. The Countour Cube is a tall, silicone-cubed mold that’s reusable and washable by the customer, and they can use any ingredient to fuse with ice to make it more beneficial.

Contour Cube has come a long without much help, from its 3D printed prototype days to being stocked with retailers like Priceline and Chemist Warehouse. Sarah hit the nail with her mention of Kardashian’s using her product as it helped her gain the sharks’ interest to fund her business.

Kendall helped the business gain momentum after she posted a story about their product. Sarah and Lewis started their business during the pandemic, and it just blew up from there. Sarah and Lewis pitched the deal to the sharks and asked for an investment of $250,000 for 10% equity, which led to all four shares making a similar counteroffer of $250,000 for 20% equity.

In the end, the business owners’ walked away with a deal of $375,000 for 30% equity involving all four sharks after the pair negotiated with them using their brilliant marketing and bargaining skills. The sharks were beyond impressed by Lewis and Sara’s pitch for their business.

Pum and Kris present the second pitch for their pad Thai sauce. Lewis and the shark clash after the sharks make the suggestion to discontinue the meal kit and only work on the sauce business. The duo pitched the deal to the sharks and asked for $200,000 for 20% equity before providing them with a sample to taste.

The sharks aren’t that impressed with the pairs’ pitch, and they walk out with no deal because the sharks feel that their business needs a lot more capital than they anticipated. Jacob and Micky make the third pitch to promote their chemistry lab kits business. Two of the five sharks performed the experiments using the chemistry kit, and it turned them into little excited kids for the moment.

The duo pitched their deal to the sharks and asked them for $1M for a 20% equity. The sharks aren’t impressed with the price tag that comes with buying the chemistry kits due to it not being affordable. The pair walks out with no deal due to the sharks’ feeling that Jacob wasn’t being realistic with his expectations.

The last pitch is presented by cousins Frank Inzitari and Frank Capamolla for their fire halo business. The duo asserted that their product can help protect the home during bushfires. The duo pitched their deal to the sharks by asking $100,000 for a 20% equity. Shark Robert made the counteroffer of investing $150,000 for a third of the company, and the cousins accepted after some thinking.

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The upcoming episode will follow a similar format, with different entrepreneurs making a pitch to the sharks in hopes of getting an investment.