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Shark Tank facts

While investigating facts about Shark Tank Cast and Shark Tank Products, I found out little known, but curios details like:

Until 2013, Shark Tank required 5% equity of all companies - just to pitch in the show. Lawyers at ABC later changed the requirement after Mark Cuban gave them an ultimatum — remove the equity clause or "I'm not coming back."

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Every company on the show "Shark Tank" used to have to give 2% royalties or 5% equity to the producers, regardless of whether a deal was made. Mark Cuban forced the producers to end that requirement, saying the "quality of the companies and entrepreneurs would decline" if it were kept

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  1. The production company behind Shark Tank used to require contestants to give them 5% equity or 2% of the profits from their companies in exchange for appearing on the show. Mark Cuban threatened to quit over this rule, so producers got rid of it.

  2. An aquarium shark sparked a murder mystery when it puked up a human arm in its tank

  3. Kevin O'Leary from Shark Tank is always introduced as selling a company for over $3 Billion. The buyer claims "one of the most disastrous acquisitions in history."

  4. Shark Tank pitches usually last an hour, and the longest ever was 2 1/2 hours long. These are edited down to just 10 minutes for TV viewers

  5. As many as two-thirds of the televised deals on Shark Tank do not go through.

  6. Mark Cuban has a greater net worth than all the other shark tank hosts combined

  7. ALL contestants on Shark Tank are made to see a psychiatrist after their pitch, no matter the outcome. It's meant to ensure they are able to come down from the emotional rush and deal with the possibility of appearing in front of seven million Americans.

  8. In the year 2000, a danish man named Stig Severinsen held his breath for over twenty minutes while submerged in a tank filled with sharks.

  9. As part of the contract for appearing on Shark Tank, if you mention the name of any company you own then Shark Tank automatically owns 5% of that company or gets 2% of the lifetime profits. This is true whether the Sharks make a deal with that person or not, and prevents free advertising.

  10. In 1969 SeaWorld kept blue sharks in captivity for 3 months until they were eaten by bull sharks added to the tank.

shark tank facts
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Shark Tank data charts

For your convenience take a look at Shark Tank figures with stats and charts presented as graphic.

shark tank fact data chart about Funding probabilities on Shark Tank, grouped by gender
Funding probabilities on Shark Tank, grouped by gender

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You can easily fact check why is shark tank on cnbc by examining the linked well-known sources.

Every entrepreneur on Shark Tank has to talk to a psychiatrist after their pitch.

Up to 1/3 of the deals that get closed on-screen on Shark Tank don't actually go through when filming stops - source

Mark Cuban bought 1/3 of "I Want To Draw A Cat For You" on Shark Tank for $25K and the company went on to gross $200K the following year - source

In the original Jaws novel the shark dies from extensive wounds rather than a scuba tank explosion

The producers of Shark Tank get the option either to receive a 2% royalty on the profits or take a 5% equity stake of every company that appears on the show whether a deal is made or not. - source

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In January 1977, inspired by film Jaws, Evel Knievel attempted a motorcycle jump over a tank of live sharks but in rehearsal he crashed breaking his arms. However he was more distraught at having injured a cameraman in the crash

How to get on shark tank?

Evel Knievel was going to jump a tank full of sharks in 1977. This was just months before Fonzie jumped the shark that led to popularity of the phrase "jumping the shark".

Mark Cuban threatened not to return to Shark Tank until an equity clause was removed from contestants' contracts.

The show Shark Tank and Dragon's Den are both based on the Japanese show: "Manē no Tora" or "Money Tigers"

Spiny dogfish sharks have been remotely controlled by implanting electrodes deep in the shark's brain to a remote control device outside the tank. It stimulates the shark's sense of smell and the animal turns, just as it would move toward blood in the ocean.

About 2/3 of deals made on-camera on Shark Tank never go-through, due in-part to red flags found during the vetting process of personal and the company financials, taxes, and legal issues. Also, those who leave w/o a deal still surrender either 5% equity or 2.5% of annual revenue in perpetuity.

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In 2011 a man's company was passed over on "Shark Tank". He sold his company years later to SnapChat for $54M. Him and his wife sold everything, got $45G, put the rest in savings, and took their 2 kids on a round the world vacation. They've been gone for 21 months.

Singer Ernie K-Doe, a New Orleans eccentric, performed his song "Mother-in-Law" 7 consecutive times while dancing in a green cape while in front of a shark tank during a benefit for people with disabilities

ABC's "Shark Tank" is actually a spin-off of the popular Canadian TV show "Dragons' Den". Kevin O'Leary and Robert Herjavec were founding dragons.

Shark Tank's Barbara Corcoran was one of the few public figures who was critical of Trump but still predicted that he would win the 2016 election

About 'Throx'- 3 socks for when you lose one. It also featured on Shark Tank.

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Someone went onto Shark Tank to surgically implant a Bluetooth device behind the ear. It would've been charged through a port in your neck.

Tracy Morgan has a hammerhead shark, a black-tip shark, and a giant pacific octopus, in huge tanks, in his home.

About Throx - 3 socks for when you lose one. It also featured on Shark Tank.

Jimmy Kimmel ans Guillermo enter The Shark Tank and tried to sell a "Horse Pants" company for $5 million

Shark Tank originated in Canada as Dragons Den and barely screened anyone before going on the show, its hilarious. (Link to 8 seasons on youtube)

Shark Tank's Chris Sacca named his kids "CC Eleven", "Circa Luna" and "Center Sky"

On Shark Tank, someone wanted to surgically implant a blue tooth hearing device behind the ear.

About Steve Gadin, who draws stick figure cats for $10, and got a $25,000 investment from Mark Cuban on Shark Tank

After Shark Tank's Kevin O'Leary sold The Learning Company to Mattel for $3.5 billion, Mattel sold TLC for 27 million a year and half later

Shark Tank is just the American knock off of a Canadian show called Dragons' Den which is the Canadian knock off of a Japanese show called Money Tigers.

Mark Burnett has produced over 2900 hours of television programming which regularly airs in more than 70 countries. These include Survivor, Shark Tank, The Voice, Are you smarter than a fifth grader? and The Apprentice.

Alésia Gildewell, a video game voice actress and producer on TV show Shark Tank, who is also the model for Chell in Portal 1 & 2 and for Zoey in Left 4 Dead

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