Shark Tank (Australian TV series) season 2

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Shark Tank
Season 2
Starring
No. of episodes13
Release
Original networkNetwork Ten
Original release8 May (2016-05-08) –
7 July 2016 (2016-07-07)
Season chronology
← Previous
Season 1
Next →
Season 3

The second season of Shark Tank aired on Network Ten on 8 May 2016 and concluded 7 July 2016. The series was confirmed on 9 June 2015.[1]

Summary[edit]

The show features a panel of potential investors, named "Sharks", who listen to entrepreneurs pitch ideas for a business or product they wish to develop. These self-made multi-millionaires judge the business concepts and products pitched and then decide whether to invest their own money to help market and mentor each contestant.[2]

Investments by Shark[edit]

Shark Offers Made Deals Made Total Investment
Janine 17 11 $2,325,000 + Beer
Glen 17 13 $1,676,666 + Beer
Steve 18 13 $1,326,666 + Beer
Naomi 16 10 $1,110,000 + Beer
Andrew 16 10 $851,666 + Beer

Episodes[edit]

Episode 1[edit]

[3]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Mick Spencer "On The Go Sports"[4]
Custom sports apparel e-commerce
$3 million $300k for 10% Stake $300k for 20% Stake $300k for 20% Stake $300k for 20% Stake Accepted 2nd Revised Counter Offer[5][6][7][8][9][10]
Counter Offer
$300k for 15% Stake (Share)
Revised Counter Offer
600k for 35% (Share)
2nd Revised Counter Offer
600k for 30% (Share)
Accepted 2nd Revised Counter Offer
600k for 30% (Share)
2 David Lambasa "Clever Score"[11]
Design and manufacturing company for manual scoreboards
$800,000 $200k for 25% Stake $200k for 50% Stake of Entire Business Rejected Glen's Offer[12][13]
Counter Offer
$200k for 33% Stake
Revised Counter Offer
$200k for 50% Stake + $75k Salary for David
3 Lynton V Harris "Sharknado Alive"
Live interactive attraction based on the Sharknado brand
$950,000 $475k for 50% Stake $475k for 50% Stake (Share) Accepted Offer[14][15]

Episode 2[edit]

[16]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Gary Elphick "Disrupt"
Self customiseable designs for world's sports equipments
$4.3 million $250k for 5.8% Stake $250k for 33% Stake Rejected Glen's Offer[17][18][19]
2 Will Davies & Dave Trumbull "Car Next Door"
Peer-to-peer car rental, a system which people rent privately owned vehicles on an hourly or daily basis to other registered users
$7.5 million $300k for 4% Stake $300k for 4% Stake Accepted Offer[20][21][22][23][24][25]
3 Shath & Bren "Super Orbs"
Bite sized vegan snack meal made with organic super-foods
$1 million $200k for 20% Stake No Offers[26]
4 Kath Purkis "Her Fashion Box (HFB)"
A box full of beauty accessories and products based on a buyers look and personality
$1.6 million $200k for 12% Stake $200k for 20% Stake
(Shared with
Andrew)
$200k for 15% Stake Accepted Counter Offer[27][28][29][30][31]
Counter Offer
$200k for 16% Stake
(2 Sharks)
Accepted Counter Offer
$200k for 16% Stake

Episode 3[edit]

[32]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Mick D "Tag International"[33]
An outdoor adventure and team-building company
$500,000 $100k for 20% Stake $100k for 35% Stake (Shared) $100k for 35% Stake (Single offer) $100k for 25% Stake Accepted Counter Offer[34][35]
Counter Offer
$100k for 30% Stake
(Steve & Andrew)
$100k for 35% Stake (Shared)
Accepted Counter Offer
$100k for 30% Stake
(Shared)
Accepted Counter Offer
$100k for 30% Stake
(Shared)
2 Sally Matterson "Extreme Shredder"[36]
Online fitness company that gives you access to online fitness workouts
$250,000 $50k for 20% Stake $50k Loan $50k for 25% Stake Accepted Naomi's Offer[37][38]
3 Richard Ploszaj "Troppo Bicycle"
Redesigned Bicycle that goes faster, offers better exercise and body building benefits, enhanced comfort and safety
$10.2 million $5 million for 49% Stake No Offers[39][40]
4 Michael Timbs "Betswaps.com"[41]
An online sports tipping marketplace
$2 million $200k for 10% Stake $200k for 15% Stake $200k for 30% Stake $200k for 20% Stake $200k for 15% Stake Accepted Counter Offer[42][43][44][45][46]
Counter Offer
$200k for 15% Stake (Steve & Glen)
Accepted Counter Offer
$200k for 15% Stake (Shared)
Accepted Counter Offer
$200k for 15% Stake (Shared)

Episode 4[edit]

[47]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Marc Berryman "Rhinohide"[48]
A tough, removable body armour that protects 4x4 cars against dents and scratches
$800,000 $80k for 10% Stake $80k for 35% Stake $80k for 20% Stake + $40k Loan $80k for 10% Stake Accepted Revised Offer[49][50][51]
Counter Offer
$80k for 10% Stake each
(Andrew & Glen)
Revised Offer
$80k for 10% Stake
Accepted Revised Offer
$80k for 10% Stake (Share)
Accepted Revised Offer
$80k for 10% Stake (Share)
2 Perry Ormsby "Ormsby Guitars"[52]
Handmade guitars from very rare timbers
$2 million $200k for 10% Stake $200k Loan for 10% Stake, Repayable at 10% Interest Rejected Steve's Offer[53][54][55]
Counter Offer
$200k Loan for 10% Stake. Dropping to 5% when Loan is repaid.
$200k Loan for 10% Stake, Repayable at 10% Interest
Offer Rejected Rejected Counter Offer
3 Steve Johnson & Christian Shaefer "Carhood"[56]
Airport car sharing platform while they are travelling.
$4.545 million $500k for 11% Stake No Offers[57][58][59][60][61]
4 Matt Gillett "2Shu"
A shoe that can be converted between a thong or a closed-toe shoe and vice versa
$375,000 150k for 40% Stake $150k for 25% Stake in Matt's entire business Accepted Offer[62][63][64]

Episode 5[edit]

[65]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Marlies & Jai Hobbs "Paleo Café"
Health food store and cafe franchise
$7.5 million $750k for 10% Stake $750k for 38% Stake Accepted Janine's Initial Offer[66][67][68]
Counter Offer
$750k for 25% Stake
2 Michelle & Troy Tornabene "Pitzstop"
Disposable male armpit guards
$200,000 $50k for 25% Stake No Offers[69]
3 Anna Walsh "Body Peace Clothing"[70]
A range of eco-friendly clothes from bamboo
$600,000 $90k for a 15% Stake $90k for a 25% Stake $90k for a 20% Stake Accepted Revised Counter Offer[71][72]
Revised Offer
$90k for 15% Stake
Accepted Revised Counter Offer
$180k for 30% Stake (Share)
4 Keegan, Matt, Nick & Lee "Friday Beers"[73]
A subscription of cold craft beers delivery service every Friday
$250,000 $25k for 10% Stake $25k for 10% Stake Accepted Offer[74][75][76][77][78]

Episode 6[edit]

[79]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Bernie Sharrad "Cap Hat"[80]
A detachable cover for a cap or hat that provides full sun protection
$480,000 $120k for 25% Stake $120k Loan for 10% p.a. No equity (Share with Andrew) $120k Loan (Share with Steve) and a future option to take a 15% equity stake in the business. Connect Bernie with two retail giants Accepted Offer[81][82][83]
2 Dylan Samra & Daniel Cunningham "ASAP Delivery"
An SMS-based on-demand service
$1.6 million $160k for 10% Stake No Offers[84][85]
3 Julia Sakr "Potty Plant"[86]
A real grass dog toilet per subscription
$700,000 $70k for 10% Stake $70k for 30% Stake Accepted Revised Counter Offer[87][88]
Counter Offer
$70k for 20% Stake
Accepted Revised Counter Offer
$70k for 25% Stake
4 Fred Keizer "Automated Flaggers"
A signaling system that takes traffic signalers out of harms way.
Launch the invention for a carton of beer Offer to make some calls for 5 cartons of beer (Each) Accepted Offer[89]

Episode 7[edit]

[90]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Briella Brown "Your Closet"[91]
A luxury dress rental service
$400,000 $80k for 20% Stake $80k for 30% Stake (Share with Steve) $80k for 40% Stake Accepted Joint Offer[92][93][94][95][96][97]
Counter Offer
$80k for 30% Stake
(Naomi & Janine)
Joint Offer
$80k for 40% Stake
(Share with Naomi)
Joint Offer
$80k for 40% Stake
(Share with Janine)
2 Guy & Pepe Marshall "Super Food Sushi"
Vegan sushi cafe
$1.136 million $250k for 22% Stake No Offers[98]
3 Adam Countts "Red Burlesque"[99]
A range of red lipsticks
$500,000 $150k for 30% Stake No Offers[100]
4 Demitrias & Utah Rejtano "2WHEELBoard"
A combination of skateboarding and snowboarding
$500,000 $100k for 20% Stake $100k Loan Accepted Offer[101][102]

Episode 8[edit]

[103]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Liz Kaelin "You Chews"
An online marketplace for workplace catering
$2.5 million $125k for 5% Stake $125k for 12.5% Stake Accepted Steve's Initial Offer[104][105][106][107]
Counter Offer
$125k for 9% Stake
2 Isabella Dymalovski "Luv Ur Self"[108]
A skincare range for young teenage girls
$325,000 $65k for 20% Stake No Offers[109][110][111]
3 David Lovato "Crowd Property Capital"[112]
An innovative peer-to-peer platform that allows investors to lend funds to borrowers
$400,000 $80k for 20% Stake No Offers[113][114][115]
4 Joshua Young "auug"[116]
A mobile app and hardware product that allows you to play musical instruments
$1 million $50k for 5% Stake $50k for 10% Stake $50k for 7.5% Stake Accepted Andrew's Offer[117]
$100k for 20% Stake (Share)

Episode 9[edit]

[118]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Jen Lawrence & John Bennett "newagestore.com"[119]
A spiritual and guidance website
$1 million $100k for 10% Stake $100k for 20% Stake Accepted Offer[120][121][122]
2 Roberto Durso "Exfolimate"[123]
An exfoliating tool to clean away dead skin from the body
$2.2 million $1.1m for 50% Stake No Offers[124]
3 Lee Holmes "Supercharged Food"[125]
Online website which offers anti-inflammatory recipes for improved health
$1 million $200k for 20% Stake $100k for 35% Stake + $100k Loan $200k for 50% Stake Accepted Janine's Offer[126][127]
4 Andy Mehringer "New Eye Company"[128]
Workplace safety glasses that support prescription lenses through foil inserts
$750,000 $150k for 20% Stake $150k for 25% Stake $150k for 30% Stake $150k for 30% Stake Accepted Offer[129]
$150k for 30% Stake (Share) $150k for 30% Stake (Share) $150k for 30% Stake (Share)

Episode 10[edit]

[130]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Omid Rad "Intelliweed"[131]
An environmentally friendly weeding tool that pierces the weed and releases a herbicide.
$2.3 million $175k for 7.5% Stake $175k for 33.3% Stake $175k for 30% Stake $175k for 15% Stake Accepted Glen's Offer[132]
$175k for 25% Stake
2 Oran Harel "HairLuxe"[133]
A product which eliminates the look of balding or thinning hair
$250,000 $50k for 20% Stake No Offers[134]
3 Maria Nicola "10-Way Necklace"[135]
A necklace that can be worn ten different ways
$375,000 $75k for 20% Stake $75k for 40% Stake $75k for 40% Stake Accepted Naomi's Initial Offer[136][137][138][139]
Counter Offer
$75k for 30% Stake
4 Sam Begg "Hit With Me"[140]
An app that helps individuals find someone to play tennis with
$250,000 $50k for 20% Stake $50k for 50% Stake Accepted Counter Offer[141][142][143]
Counter Offer
$50k for 49% Stake
Accepted Counter Offer
$50k for 49% Stake

Episode 11[edit]

[144]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Dennis, Dimitri & Leon "Kisa Phone"[145]
Easy to use mobile phone for the elderly
$4 million $200k for 5% Stake $200k for 20% Stake $200k for 15% Stake $100k for 10% Stake + $100k Loan Accepted Naomi's Offer[146][147]
2 Robert Crocitti & Michael Nuciforo "Parkhound"[148]
A company that finds and leases affordable parking spaces from property managers
$4 million $400k for 10% Stake $400k for 33% Stake $400k for 30% Stake (Share with Glen) $200k for 15% Stake + $200k Loan Rejected Naomi and Glen's Offer[149][150][151]
Counter Offer
$400k for 20% Stake
(Naomi & Glen)
$400k for 30% Stake (Share with Naomi)
3 Tom Maclean "Sofi Spritz"[152]
An all-natural, Australian wine spritzer
$1.3 million $130k for 10% Stake $130k for 10% Stake (Share with Glen) $130k for 17% Stake $130k for 15% Stake $130k for 12% Stake Accepted Steve & Glen's Offer[153][154][155][156]
$180k for 17% Stake $130k for 10% Stake (Share with Steve)
4 Fitzy & Wippa "Mup"
A mint built into the underside of a coffee cup
$6 million $300k for 5% Stake $500k for 5% Stake $500k for 5% Stake $500k for 2.5% Stake $300k for 100% Stake Rejected Offers[157][158]

Episode 12[edit]

[159]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Joel Norford "Pentablock"[160]
A unique interlocking construction block
$3.5 million $350k for 10% Stake $150k for 17% Stake + $200k Loan $350k for 33% Stake Accepted Janine's Offer[161][162]
2 Benny Tong "Bitzong Robotics"
A robotic alarm clock
$200,000 $20k for 10% Stake No Offers[163]
3 Paul Watts & Lisa Pallazi "Nit Ninjas"
A cotton lace hat insert that treats and prevents nit infestations
$400,000 $80k for 20% Stake No Offers[164][165]
4 Joanne Bowskill & Holly Boal "Get Kids Cooking"[166]
Hands-on cooking classes for primary school children
$1.5 million $150k for 10% Stake $150k for 40% Stake $150k for 30% Stake Accepted Counter Offer[167][168][169]
Counter Offer
$150k for 20% Stake
Accepted Counter Offer
$150k for 20% Stake

Episode 13[edit]

[170]

# Entrepreneur(s) Idea Business Valuation Initial Offer Sharks Offers Final Deal
Steve Janine Andrew Naomi Glen
1 Sally Copus "Lil Fairy Doors"
A miniature magical door children can attach to their bedroom wall allowing fairies to come and visit
$1.625 million $325k for 20% Stake $325k for 20% Stake $325k for 20% Stake $325k for 20% Stake $325k for 20% Stake $325k for 20% Stake Accepted Naomi and Glen's Offer[171][172][173][174][175][176][177]
Combinated Offer
$486k for 30% Stake and the option of a $325k Loan
(Steve, Janine & Andrew)
Combinated Offer
$325k for 20% Stake and the option of a $325k Loan
(Naomi & Glen)
2 Matt Harris "Vegepod"[178]
A self-contained vegetable and herb planter
$750,000 $75k for 10% Stake + $150k Loan $150k for 20% Stake + $75k Loan Accepted Offer[179][180][181][182]
3 Luke & Vanessa Gosden "Torque Safe"[183]
A business that manufactures and sells safety switches for dangerous hydraulic torque tools
$2 million $300k for 15% Stake $450k for 50% Stake (Share with Glen & Steve) $300k for 30% Stake Accepted Counter Offer[184][185][186]
Counter Offer
$500k for 50% Stake (Steve, Andrew & Glen)
Accepted Counter Offer
$500k for 50% Stake (Share)
Accepted Counter Offer
$500k for 50% Stake (Share)
Accepted Counter Offer
$500k for 50% Stake (Share)
4 Greg Ollerhead & Kate Fuller "One World"[187]
A range of furniture and house decorations
$3.5 million $700k for 20% Stake $700k for 35% Stake $700k for 40% Stake Accepted Offer[188][189]
$700k for 33% Stake (Share) $700k for 33% Stake (Share)

Ratings[edit]

No. Title Air date Timeslot Overnight ratings Ref(s)
Viewers Rank
1 Episode 1 8 May 2016 Sunday 9:00pm 479,000 13 [190]
2 Episode 2 15 May 2016 Sunday 9:00pm 449,000 13 [191]
3 Episode 3 22 May 2016 Sunday 9:00pm 596,000 11 [192]
4 Episode 4 25 May 2016 Wednesday 8:30pm 636,000 14 [193]
5 Episode 5 1 June 2016 Wednesday 8:30pm 539,000 18 [194]
6 Episode 6 8 June 2016 Wednesday 8:30pm 625,000 14 [195]
7 Episode 7 9 June 2016 Thursday 8:30pm 609,000 11 [196]
8 Episode 8 15 June 2016 Wednesday 8:30pm 700,000 9 [197]
9 Episode 9 16 June 2016 Thursday 8:30pm 646,000 11 [198]
10 Episode 10 22 June 2016 Wednesday 8:30pm 483,000 [199]
11 Episode 11 23 June 2016 Thursday 8:30pm 595,000 12 [200]
12 Episode 12 30 June 2016 Thursday 9:30pm 452,000 19 [201]
13 Episode 13 7 July 2016 Thursday 8:30pm 580,000 13 [202]

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