Ep 13. Week 13
- TVPG
- May 4, 2012
- 43 min
-
7.4 (64)
In season 3, episode 13 of Shark Tank, titled "Week 13," entrepreneurs from around the country pitch their business ideas to the savvy investors known as "sharks." The sharks, including Mark Cuban, Barbara Corcoran, and Kevin O'Leary, listen to the pitches, ask questions, and ultimately decide whether to invest in the companies.
The episode begins with a pitch from a company that makes eco-friendly cleaning products. The entrepreneurs explain that their products are made from all-natural materials and that they have a loyal customer base. However, the sharks are skeptical about the company's ability to scale and ultimately decide not to invest.
Next up is a company that has developed a new fitness device. The entrepreneurs demonstrate the device, which is designed to help people improve their posture and balance. The sharks are impressed with the product and its potential, but they are concerned about the company's lack of sales and the crowded market for fitness products. Despite these concerns, one of the sharks decides to invest in the company.
Another entrepreneur pitches a company that has developed a new type of backpack. The backpack has a built-in solar panel that can be used to charge electronic devices while on the go. The entrepreneurs explain that the backpack is perfect for outdoor enthusiasts and travelers. The sharks are impressed with the product and the entrepreneur's pitch, but they ultimately decide not to invest due to concerns about the niche market.
The next pitch is from a company that has developed a new type of food packaging. The entrepreneurs explain that their packaging is made from all-natural materials and can be composted after use, making it much more environmentally friendly than traditional packaging. The sharks are impressed with the product and its potential, but they are concerned about the company's lack of sales and the difficulty of breaking into the food packaging market. Despite these concerns, one of the sharks decides to invest in the company.
The last pitch of the episode is from a company that has developed a new type of smartphone app. The app helps people track their water consumption and reminds them to drink more water throughout the day. The entrepreneurs explain that the app has already been downloaded by thousands of users and that they have plans to expand to other markets. The sharks are impressed with the product and its potential, but they are concerned about the crowded app market and the company's lack of revenue. Despite these concerns, one of the sharks decides to invest in the company.
Overall, season 3, episode 13 of Shark Tank features a variety of interesting business pitches and offers insight into the mindset of the sharks as they evaluate potential investments. Viewers are sure to be entertained by the fast-paced pitches and the tense negotiations between the entrepreneurs and the investors.