Money

The Shark Tank deals that collapse off air

Published

2 years ago

August 14, 2023

The alluring promises made on the hit show “Shark Tank” often evaporate once the cameras stop rolling, leaving entrepreneurs crestfallen and their business dreams shattered.

Despite the fervor and excitement displayed on air, not all deals struck by the panel of “Sharks” materialize off-air. Kevin “Mr. Wonderful” O’Leary’s infamous parting line, “You’re dead to me,” proves to be more than just a catchphrase.

The latest example involves Al “Bubba” Baker and his family, founders of Bubba’s Q Boneless Babyback Ribs. They alleged that Daymond John renegotiated their deal off-air, taking it from $300,000 for 30% on-air to $100,000 for 35% off-air, and sidelining Baker from crucial business discussions.

50% failure

This pattern of post-show disillusionment is not new. Forbes reports that, between seasons eight and thirteen, 50% of 112 deals failed to materialize, with 15% of them undergoing alterations. Shelly Ehler, creator of ShowNo towels, faced a similar fate in 2012. Lori Greiner made an on-air deal of $50,000 for 25%, but the offer transformed into uncertainty once the show concluded.

While restraining orders and legal battles are extreme outcomes, they highlight the tumultuous journey of entrepreneurs navigating the world of “Shark Tank.” Some, like the Coddou couple with their Supply razors, managed to succeed despite failed deals, making over $1 million in sales post-show.

However, the ordeal left Vladislav Smolyanskyy, inventor of Pinblock, disillusioned. A deal with Kevin O’Leary shifted dramatically behind the scenes, leaving Smolyanskyy feeling shortchanged and alienated.

As the glitz of reality TV wanes, these stories shed light on the stark realities of entrepreneurial pursuits and the elusive nature of post-show deals.

The show’s producer, Clay Newbill, emphasised that the path forward is ultimately determined by the entrepreneurs and the Sharks, with the cameras having the final say in crafting narratives.

Money

Australia’s sharemarket set for weakest annual return in three years

Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.

Published

3 hours ago

December 22, 2025

Harvey Vargas

Australia’s sharemarket set for weakest return in three years; gains from gold and critical minerals offset blue-chip losses.

Australia’s sharemarket is on track for its weakest annual return in three years, with the S&P/ASX 200 Index expected to finish 2025 up around 6 per cent. Investors are feeling the impact of major losses from blue-chip companies, including Commonwealth Bank and CSL, which have dragged overall performance.

Despite the slow year, certain sectors provided a boost. Gains were largely driven by surging gold prices and rising interest in critical minerals, helping offset some of the losses from larger companies.

Smaller companies in the resources sector outperformed their larger counterparts, highlighting a shift in investor focus towards niche opportunities and high-demand commodities.

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Money

US stocks surge amid AI hype despite market volatility

US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.

Published

6 hours ago

December 22, 2025

Harvey Vargas

US stock market bounced back, S&P 500 up 16% in 2023, driven by AI excitement amid policy uncertainties.

The US stock market has experienced a rollercoaster year, with the S&P 500 nearly entering a bear market in April due to tariff concerns. Investor sentiment shifted following policy changes from President Trump, setting the stage for a dramatic rebound.

By June, the S&P 500 was hitting new records, fueled by excitement over artificial intelligence and its impact on the tech sector. Corporate profit forecasts improved, contributing to an overall annual gain of 16%, despite ongoing market fluctuations.

Yet, the S&P 500 still trails international markets, reflecting lingering policy uncertainties in the US.

Investors are watching closely to see how domestic and global factors will shape the next year.

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#USStocks #SP500 #StockMarket #Investing #AIStock #MarketVolatility #CorporateProfits #GlobalMarkets

Money

Stocks rally ahead of Thanksgiving as markets log four days of gains

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Published

4 weeks ago

November 27, 2025

Harvey Vargas

Markets gain momentum ahead of Thanksgiving, with the Dow up 388 points and Oracle rising 4% amid investor optimism.

Markets are moving into the Thanksgiving break with strong momentum, as stocks notch four straight days of gains. The Dow Jones Industrial Average jumped 388 points, while the S&P 500 added 0.9%, pushing both indexes toward their best week since June.

Oracle led major movers, rising more than 4% after Deutsche Bank reaffirmed its bullish outlook on the tech giant. Broad investor optimism continues building across sectors as economic data softens and earnings remain resilient.

All eyes are now on the Federal Reserve and what potential shifts in interest-rate policy may mean for the markets. U.S. markets will close Thursday for the Thanksgiving holiday and reopen Friday for a shortened trading session.

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#Markets #Stocks #Thanksgiving #DowJones #SP500 #Oracle #FederalReserve #FinanceNews