Season Number: | 4 |
Bgcolour: |
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Num Episodes: | 13 |
Network: | Network Ten |
The fourth season of Shark Tank aired on Network Ten from 15 May 2018. The series was confirmed following the opening of auditions in August 2017.[1]
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]
Shark | Offers Made | Deals Made | Total Investment[3] | |
---|---|---|---|---|
Steve | 16 | 6 | $696,000 | |
Janine | 13 | 5 | $960,000 | |
Andrew | 11 | 8 | $1,176,000 | |
Naomi | 10 | 6 | $840,000 | |
Glen | 12 | 8 | $1,273,000 |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jake Mckeon | "Coconut Bowls"[5] Bowls made from coconut | $3 million | $300k for 10% Stake | — | $300k for 28% Stake | $300k for 25% Stake | $300k for 18% Stake | $300k for 20% Stake | Accepted Janine and Andrew's Offer[6] [7] [8] |
Revised Offer $300k for 18% Stake | Revised Offer $300k for 20% Stake | |||||||||
Accepted Joint Offer $300k for 18% Stake (Share) | Partnering for a Counter Offer | |||||||||
2 | Christen McGarry & Matt Hepburn | "Your Mates Brewery"[9] Brewery and restaurant features a range of craft beers | $3 million | $750k for 25% Stake | Asking for higher equity counter offer | — | — | — | Asking for higher equity counter offer | Steve and Glen Rejected Counter Offer[10] [11] [12] |
Counter Offer $750k for 40% Stake | Rejected Counter Offer | Rejected Counter Offer | ||||||||
3 | Morgan Hipworth | "Bistro Morgan"[13] Artisan donut store | $1 million | $200k for 20% Stake | $200k for 30% Stake | $200k for 42% Stake | — | — | — | Janine Rejected Counter Offer[14] [15] |
Counter Offer $200k for 20% Stake | Offer Rejected | Revised Offer $200k for 33% Stake | ||||||||
2nd Counter Offer $200k for 25% Stake | Rejected Counter Offer But Allow Mentorship | |||||||||
4 | Lori Phegan | "The Inappropriate Gift Co."[16] Humorous gifts to people with an inappropriate sense of humor | $1 million | $100k for 10% Stake | $100k for 20% Stake | $100k for 18% Stake | $100k for 15% Stake | $100k for 15% Stake And Additional $100k for another 10% Stake if manage to deliver customers and doubling the size of business in 12 months | — | Accepted Naomi's Revised Offer[17] [18] [19] |
Revised Offer $100k for 12.5% Stake | Accepted Revised Offer $250k for 25% Stake | $100k for 12.5% Stake | ||||||||
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Rose, Samantha & Kaisser Khater | "Dessert Boxes"[22] An online dessert gift-giving store | $3 million | $300k for 10% Stake | $300k for 10% Stake | $300k for 20% Stake | $300k for 25% Stake | $300k for 15% Stake | $300k for 15% Stake | Accepted Counter Offer[23] [24] |
Counter Offer $300k for 12% Stake | Accepted Counter Offer $300k for 12% Stake | |||||||||
2 | Elissa Scott | "The T Lady"[25] Menopause tea, a herbal tea designed to help relieve symptoms of menopause | $200,000 | $20k for 10% Stake | $20k for 30% Stake with $50k return in 2 years | $20k for 20% Stake | — | — | — | Accepted Janine's Offer[26] |
3 | Sandra & Brendon Moffatt | "StandInBaby"[27] A newborn training mannequin | $1 million | $200k for 20% Stake | $200k for 20% Stake | $200k for 30% Stake | $200k for 25% Stake | — | $200k for 33% Stake | Accepted Joint Offer[28] [29] [30] [31] |
Rejected Offer | Accepted Joint Offer $200k for 20% Stake (Share with Glen) | Accepted Joint Offer $200k for 20% Stake (Share with Andrew) | ||||||||
4 | Stanley Hsu & Lestari Vickers | "My Cube"[32] A shared retail store with cubes that are mini shop fronts for micro-retailers charging out each cube space for $5 per day | $4 million | $200k for 5% Stake | $200k for 12.5% Stake | — | — | — | — | Accepted Offer[33] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jack Zuvelek & James Buchanan | "The Body Consultants"[35] A personal training business | $2 million | $500k for 25% Stake | — | — | — | — | — | No Offers[36] [37] |
2 | Peter Boulton | "Rat Barrow"[38] Ride-on articulated tipping barrow | $800,000 | $200k for 25% Stake | — | — | — | — | — | No Offers[39] [40] |
3 | Iris Smit | "The Quick Flick"[41] A pre-loaded stamp for creating a winged eyeliner look | $3 million | $300k for 10% Stake | — | $300k for 30% Stake | $300k for 30% Stake | — | — | Accepted 2nd Revised Offer[42] [43] [44] [45] [46] |
Counter Offer $300k for 20% Stake | Revised Offer $300k for 28% Stake | |||||||||
2nd Counter Offer $300k for 25% Stake | Accepted 2nd Revised Offer $300k for 27.5% Stake | |||||||||
4 | Chris Ghaleb & Patrick Azzi | "Life Size Plans"[47] Business projects architectural plans onto the floor of a warehouse | $10 million | $2 million for 20% Stake | — | — | — | — | — | No Offers[48] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Chris Tabone | "Koda Sail"[50] A travel company that provides small group sailing tours in Croatia & Turkey for the Young Professional traveller aged 25–40. | $1.8 million | $180k for 10% Stake | $180k for 20% Stake | $180k for 30% Stake | — | $180k for 33% Stake | $180k for 20% Stake | Accepted 2nd Joint Offer[51] [52] |
Counter Offer $180k for 20% Stake (Share) | Joint Offer $180k for 30% Stake (Share) | Offer Withdrawn | ||||||||
Accepted 2nd Joint Offer $180k for 25% Stake (Share) | ||||||||||
2 | Rachel Dorig | "EarSox" Ear protection against unwanted hair dye, water and chemicals | $1.4 million | $350k for 25% Stake | — | — | — | — | — | No Offers[53] [54] |
3 | Crag Carrick & Rachel Dutton | "Donugs"[55] A chicken nugget and donut combination | $500,000 | $100k for 20% Stake | — | — | — | $100k for 25% Stake | — | Accepted Offer[56] [57] [58] [59] |
4 | Jack Corbett | "ISR Training"[60] A sales training and recruitment organisation | $625,000 | $125k for 20% Stake | $125k for 20% Stake, no payment required | $125k and converted into 28% Stake after 16 months if returning all of the money | $125k for 20% Stake | — | $125k for 20% Stake | Accepted 2nd Counter Offer[61] [62] |
Counter Offer $125k for 22.5% Stake (Share) | Revised Offer $125k for 18% Stake | Offer Withdrawn | ||||||||
2nd Counter Offer $187k for 30% Stake (Share) | Accepted 2nd Counter Offer $187k for 30% Stake (Share with Andrew and Glen) | Accepted 2nd Counter Offer $187k for 30% Stake (Share with Steve and Glen) | Accepted 2nd Counter Offer $187k for 30% Stake (Share with Steve and Andrew) |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Julie-Anne & Glen Mayer | "Subo"[64] Non-squeeze food bottle | $1 million | $120k for 12% Stake | $120k for 12% Stake | — | — | — | — | Accepted Offer[65] [66] [67] [68] [69] |
2 | Nicole Mahler | "Delicious Foods Australia"[70] A healthy range of pre-packaged meals | $1 million | $100k for 10% Stake | $100k for 15% Stake | $100k for 25% Stake | $100k for 20% Stake | — | — | Accepted Janine's Offer[71] [72] |
Offer Rejected | ||||||||||
3 | John Whitehead & Bill Allardyce | "Double Chuck Drill" A drill uses an electronic switch to disengage one chuck and flick the second chuck into position | $360,000 | $90k for 25% Stake | — | — | Contact with DeWalt | — | — | No Offers[73] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Billie Whitehouse | "Wearable X"[75] Includes Nadi X – a woven-in technology to yoga pants with sensors that connect to an app which assists beginner to intermediate yogis to practice at home | $10 million | $1.8 million for 18% Stake | — | — | — | — | — | No Offers[76] [77] |
2 | Arno Backes | "Ganache Chocolate"'[78] Handmade, small-batch range of chocolate and pantry products | $1.5 million | $600k for 40% Stake | — | $600k for 40% Stake under 3 conditions: meeting with Arno's partner, the cost of goods down to 33%, and the wages have to be a maximum of 30%. | — | — | — | Accepted Offer[79] [80] [81] [82] |
3 | Liana Wynne | "The Clothesline Brolley" A cover for clotheslines out of clear PVC | $305,000 | $122k for 20% Stake | — | — | — | — | — | No Offers[83] [84] |
4 | Dave Nelson & Marko Pavasovic | "Vodka +"[85] A healthy alternative to alcohol | $2.5 million | $250k for 10% Stake | $250k for 40% Stake, increasing 10% Stake if not paying enough money | — | — | — | — | Rejecting Steve's Offer[86] [87] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Jonny Shannon & Tony Walden | "Gamify"[89] Branded, personalised video games for companies | $2 million | $200k for 10% Stake | — | $200k for 25% Stake | — | Mentorship | — | Rejected Janine's Counter Offer[90] [91] [92] |
Counter Offer $200k for 20% Stake | Counter Offer Rejected | |||||||||
2 | Tanya Wood | "Sunburst Outdoor Living"[93] Outdoor cushion designs | $200,000 | $40k for 20% Stake | — | — | — | $40k for 30% Stake | — | Accepted Offer[94] [95] [96] [97] |
3 | Harrison Lingard | "Refresh Mobile Car Detailing"[98] An on-demand, car detailing service | $2 million | $400k for 20% Stake | — | — | — | — | — | No Offers[99] [100] |
4 | Sam & Hannah Priestly | "The Bosscoop"[101] A workout supplements scoop | $100,000 | $25k for 25% Stake | — | — | — | — | — | Accepted Joint Offer[102] [103] [104] |
Joint Offer $25k for 40% Stake (Share with Andrew) | Joint Offer $25k for 40% Stake (Share with Steve) | |||||||||
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Laynton Allan & Adrian Rokman | "KidsCo."[106] A school holiday childcare program | $2.5 million | $375k for 15% Stake | — | — | — | — | $375k for 33.3333% Stake | Accepted 2nd Counter Offer[107] [108] [109] |
Counter Offer $375k for 25% Stake, increasing 5% Stake if not paying enough money in 2021, and two free programs for Richards’ current corporate businesses | Revised Offer $25k for 30% Stake | |||||||||
2nd Counter Offer $300k with a $75k Line of Credit for 25% Stake, and two free programs for Richards’ current corporate businesses | ||||||||||
2 | Heidi Loy | "Ice Bucket Skins"' A stubby holder for an ice bucket | $2.6 million | $260k for 10% Stake | — | — | — | — | — | No Offers[110] [111] [112] |
3 | Jordan McGregor | "Bare + Boho"[113] Reusable, eco-friendly products for mothers and babies | $283,000 | $85k for 30% Stake | — | — | — | — | $30k for 30% Stake with a Working Line of Credit of $55k | Accepted Offer[114] [115] |
4 | Jon Stul & Rafael Niesten | "Bricks + Agent"[116] A business that allows consumers and businesses to be matched with qualified tradespeople | $2.5 million | $250k for 10% Stake | — | — | $250k for 20% Stake | $250k for 20% Stake | — | Accepted Revised Offer[117] |
Counter Offer $250k for 15% Stake | Accepted Revised Offer $250k for 16% Stake | |||||||||
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Nicole & Steve Jones | "Flu Away 48" An all-natural cold and flu medication | $7.5 million | $1.5 million for 20% Stake | — | — | — | — | — | No Offers[119] [120] [121] [122] |
2 | Michael & Georgie Gettings | "Michael & George"'[123] Lamp shaped like a pencil | $600,000 | $90k for 15% Stake | — | — | — | — | — | No Offers[124] [125] |
3 | Peita Pini | "The Swag"[126] A fridge bag that holds moisture to prevent fruit and vegetables from going off | $3 million | $300k for 10% Stake | — | $100k for 25% Stake, and $200k Loan repaid by virtue of 5% of gross sale each year | — | — | $150k for 25% Stake | Accepted Glen's Offer[127] [128] [129] [130] |
4 | James Willis | "The Mason Baker"[131] Handmade jarcakes | $333,000 | $50k for 15% Stake | — | — | $50k for 20% Stake | $100k for 40% Stake (Share with Andrew) | — | Accepted Joint Offer[132] [133] |
Counter Offer $50k for 20% Stake (Share equally) | ||||||||||
2nd Counter Offer $100k for 30% Stake (Share equally) | Accepted Joint Offer $100k for 30% Stake (Share) | |||||||||
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Daniel, Lochie, Sam & Jack | "Jar Education"[135] A program that teaches school kids classes in digital technologies, including a build-to-fly drone kit | $5 million | $250k for 5% Stake | — | — | — | — | — | No Offers[136] [137] [138] |
2 | Irina Zikner & Lilly Stesin | "iLoveEarth"'[139] Collapsible, resuseable coffee cups | $367,000 | $110k for 30% Stake | — | — | — | — | — | No Offers[140] [141] [142] |
3 | Caroline Africh | "Things 4 Bubs" A wholesaling distribution business where stay-at-home mothers buy baby goods at wholesale prices | $1 million | $250k for 25% Stake | $250k for 20% Stake with a three-times payback within three years, at which point he would fall to a 5% equity stake | — | $250k for 30% Stake | $250k for 30% Stake | — | Accepted Andrew's Offer[143] [144] [145] |
4 | Hugh Campbell | "Snap Social" An interactive display in retail stores | $500,000 | $100k for 20% Stake | — | — | — | $100k for 45% Stake | — | Accepted Counter Offer[146] |
Counter Offer $100k for 33% Stake | ||||||||||
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Ed O’Donoghue | "FroPro"[148] A 96% sugar-free high-protein ice cream brand | $2.5 million | $250k for 10% Stake | $250k for 20% Stake | — | — | — | $250k for 20% Stake | Accepted Glen's Initial Offer[149] [150] [151] [152] |
Counter Offer $250k for 20% Stake including a clause that would let O’Donoghue buy back 10% equity in the business within 12 months | Revised Offer $250k for 20% Stake including a clause that would let O’Donoghue buy back 10% equity in the business for around $300k | |||||||||
2 | Mick Ryan | "Mickey Blu Australia"'[153] Portable generators for caravans and campers | $5 million | $2.5 million for 50% Stake | — | — | — | — | — | No Offers[154] [155] |
3 | Daniel Franco, Jeremy Hurst & Daniel McCullen | "SpacetoCo"[156] An Airbnb-style business that matches people with function spaces available for short-term hire | $1.5 million | $210k for 14% Stake | $210k for 21% Stake plus a setting aside of 10% allocation to a tech cofounder | — | — | — | — | Accepted Counter Offer[157] [158] [159] |
Counter Offer $210k for 20% Stake plus a setting aside of 10% allocation to a tech cofounder | ||||||||||
4 | Annie Vine & Janet Cocks | "HTZ Hot Teaze"[160] A hairdressing tool which adds body and volume to the hair | $10 million | $500k for 5% Stake | — | — | — | — | — | No Offers[161] [162] [163] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | ||||||
---|---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | |||||||
1 | Diana Scott | "Frontier Pets"[165] A range of organic freeze-dried dog food | $2.643 million | $608k for 23% Stake | — | — | — | — | — | No Offers[166] [167] [168] [169] | |
2 | Gabrielle Requena | "Wrinkles Schminkles"[170] A range of silicon patches that women can wear overnight | $1.73 million | $300k for 17% Stake | — | — | — | — | — | No Offers[171] [172] [173] | |
3 | Damian Joyce | "Hex Pegs"[174] A multi-purpose caravan and camping peg that are drilled into and out of the ground using any type of drill or impact driver | $400,000 | $80k for 20% Stake | $80k for 20% Stake, with a return of $1 per peg until a total of $160k returned which reducing to 5% Stake | — | — | — | $80k for 40% Stake | Accepted Glen's Offer[175] [176] [177] | |
4 | Lorraine Cherry-Nguyen & Stacey Fisher | "Minnow Designs"[178] Protective beach shoes for kids | $350,000 | $70k for 20% Stake | — | — | — | Mentorship | — | No Offers[179] [180] |
Entrepreneur(s) | Idea | Business Valuation | Initial Offer | Sharks Offers | Final Deal | |||||
---|---|---|---|---|---|---|---|---|---|---|
Steve | Janine | Andrew | Naomi | Glen | ||||||
1 | Edwina Sharrock | "Birth Beat"[182] Online birth education site | $2 million | $200k for 10% Stake | — | $100k for 20% Stake + $100k Loan | — | — | — | Accepted Offer[183] [184] [185] [186] [187] [188] |
2 | Jai Felinski & Ben Goodman | "Pod & Parcel"[189] Environmentally friendly coffee pods | $667,000 | $100k for 15% Stake | — | — | — | $100k for 30% Stake | $100k for 30% Stake | Accepted Naomi's Initial Offer[190] |
Counter Offer $100k for 25% Stake | ||||||||||
3 | Phoebe Colbrelli-Cox & Charity Turner | "The Seek Society"[191] Earth conscious camping and outdoor canvas tents | $667,000 | $200k for 30% Stake | — | — | — | — | — | No Offers[192] [193] |
4 | Andrew Clapham, Moe Satti, & Zakaria Bouguettaya | "QPay"[194] Student marketplace and payments app | $4.5 million | $380k for 8.4% Stake | $380k for 8.4% Stake | — | — | $380k for 8.4% Stake | — | Accepted Joint Offer[195] [196] [197] [198] [199] |
Accepted Joint Offer $190k for 4.2% Stake (Combine with Naomi) | Accepted Joint Offer $190k for 4.2% Stake (Combine with Steve) | |||||||||