Shark Tank Season 2 Episode 2 will air on March 25, 2011 on ABC, which will occur in the shark tank 2 episode premiere? well i will give a brief summary of this episode. Great Chef Shawn Davis and Shake as you would like to be called to launch its line of seafood including his signature “Original” Shrimp Burgers. The burgers come in four flavors: Original, Jalapeno, Cajun and Teriyaki. Head Chef reorganization also sells lobster sliders, lobster and lobster mac and cheese cake.
Tippi toes is a franchise of children’s dance company in charge of the sisters Sarah and Megan. Unlike most dance studios Tippi toes do not have studio space, but renting temporary space in community centers, YMCA gyms and schools.
Copa Di Vino, meaning “wine by the glass” in Italian, is a company that a bottle of wine directly into the glass. James Martin will try to convince the sharks in the value of a container of wine from a single serving, without searching for a corkscrew. The hope is that you can take these cups of wine to golf courses, stadiums and at the beach.
Shark Tank follows aspiring entrepreneurs as they present various business ideas to moguls (known as "the sharks") in hopes of landing an investment in their ideas. Each week, ambitious entrepreneurs present their breakthrough business concepts to ruthless investors to convince them to invest in the concept.
Like other international versions, Shark Tank's style and format is most based on the UK version of Dragons' Den. Each episode features a series of investment proposals from the owner(s) of a business. The presentation must request a specific sum of money from the Sharks and offer up a certain percentage ownership stake of the business in exchange. The presentations typically include a description of the service or product, a discussion of the business's history, its financial figures (current sales, profit margins, costs, etc.), the business plan, how the Sharks' money would be used. The presentation as aired is interactive, with the Sharks regularly shown asking questions during the pitch.
Any of the Sharks may decide to make an offer to the entrepreneur. Sharks may cooperate and offer to join in another Shark's offer, if that Shark agrees, or they may make their own offers for the same or other terms. The Sharks are not restricted to offering only what the entrepreneur has asked for, and may offer more money or request a larger or smaller share of the business (smaller shares are often requested by Sharks in order to compete with other Sharks' offers); however, the entrepreneur cannot accept an offer for less money than they initially request. As a result, negotiations often involve asking for a larger stake than is initially being offered. If offers are made, the entrepreneur must decide whether to accept, or decline. The series is non-competitive, and the investment opportunities are not compared to one another. Each is considered on its own merits.
There are five Sharks, each with their own particular areas of interest and skills. Besides their money, the Sharks will also become shareholders in the businesses they invest in, and will purportedly offer their expertise and advice to help the business (and their investment) succeed and grow. Because of this, entrepreneurs sometimes have a particular Shark in mind when they pitch their business, knowing that a certain Shark has specific skills and experience that will benefit their business more than the others.
Two of the initial five Sharks have also been Dragons on the Canadian version of Dragons' Den since it premiered in 2006. The Sharks are:
Robert Herjavec, who sold his IT security firm at the height of the dot-com bubble for over $350 million. Also on the Canadian version of Dragons' Den.
Kevin O'Leary, co-host of CBC's The Lang and O'Leary Exchange, formerly president of The Learning Company, which was sold to Mattel for $3.7 billion in 1999 in what has been called one of the worst acquisitions in corporate history. Also on the Canadian version of Dragons' Den.
Barbara Corcoran, self-made real-estate millionaire who sold her company The Corcoran Group for $70 million in 2001.
Kevin Harrington, pioneer in the infomercial industry, banking billions of dollars in sales.
Daymond John, founder of FUBU his company has made record sales of approximately $6 billion.
In addition to the five original sharks the show will have a special guest shark for three episodes in Season 2.
Mark Cuban, most known as the owner of NBA's Dallas Mavericks but also is the chairman of the HDnet cable channel, as well as part-owner of the UFL. Cuban is also an experienced entrepreneur.
The second season began on Sunday, March 20, 2011 at 9pm ET/PT on ABC. The remainder of the season will air over nine weeks every Friday.
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