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.
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.
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.
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.
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.
Shark Attack Season 5 Episode 4 Preview
The upcoming episode will follow a similar format, with different entrepreneurs making a pitch to the sharks in hopes of getting an investment.
Shark Tank Australia Season 5 Episode 4 Release Date
Episode four of Shark Tank Australia season 5 will be aired by Network 10 on September 19, 2023, for viewers to watch and see entrepreneurs making a pitch. The series episodes have a run time of sixty minutes.
- In Canada [P.S.T.] – at 3:00 AM on September 20, 2023
- In the U.S. [C.S.T.] – at 5:00 AM on September 20, 2023
- In United Kingdom [G.M.T.] – at 10:00 AM on September 20, 2023
- In India [I.S.T.] – at 3:30 PM on September 20, 2023
- In Japan [J.S.T.] – at 7:00 PM on Spetember 20, 2023
- In Korea [K.S.T.] – at 7:00 PM on September 20, 2023
- In Australia [A.C.S.T.] – at 7:30 PM on September 19, 2023
Shark Tank Australia Season 5 Episode 4: Streaming Guide
Shark Tank Australia episodes are dropped by the Network 10 channel for local viewers. People outside of Australia will need to set their VPN for the latest episode access.
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