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 inflation hits 3.8%: Budget decisions under pressure

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Published

1 day ago

February 3, 2026

Harvey Vargas

Australia’s inflation hits 3.8%, raising concerns for households; Dr. Enticott discusses implications for everyday Australians and economic planning.

Australia’s inflation has surged to 3.8%, sparking concern for households and businesses. Experts warn that rising prices could threaten financial stability if the government does not act in the upcoming budget.

Dr Steven Enticott from CIA Tax joins Ticker to break down what this inflation spike means for everyday Australians. He also explains why inflation above the Reserve Bank’s target band is particularly significant and how it affects economic planning.

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#AustraliaInflation #EconomicUpdate #Budget2026 #RBA #FinancialNews #BusinessImpact #HouseholdCosts #TickerNews

Money

Wall Street gains momentum amid tech and earnings surge

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

Published

1 day ago

February 3, 2026

Harvey Vargas

U.S. stocks rose Monday, driven by Oracle gains, as investors overlooked recent silver and bitcoin losses ahead of earnings week.

U.S. equities climbed on Monday as Wall Street kicked off a new month of trading. Investors looked past recent losses in silver and bitcoin, with optimism returning to major indices. The S&P 500 rose 0.7%, led by gains in Oracle shares following the company’s announcement to raise up to £50 billion for cloud capacity.

The Dow Jones Industrial Average surged 501 points, while the Nasdaq Composite increased 0.9%. Analysts note that the broader market is showing resilience despite mixed signals from tech and commodities.

More than 100 S&P 500 companies are expected to report earnings this week. Strong growth is predicted, even as some high-profile sell-offs continue to make headlines.

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Money

U.S. dollar weakens while Australian dollar rises amid global market shifts

Published

5 days ago

January 30, 2026

Harvey Vargas

US dollar weakens as Trump comments; Australian dollar gains from commodity prices and RBA rate hike expectations

The US dollar is coming under pressure as the economy remains strong and President Trump comments on its decline. We explore how this is impacting major currencies around the world and what it means for investors.

Meanwhile, the Australian dollar is benefiting from rising commodity prices and growing expectations of an RBA rate hike. Global investors are increasingly drawn to Australia’s bond market as economic conditions shift.

Currency trading strategies are adapting to this changing landscape, with potential implications for interest rates and international markets. Steve Gopalan from SkandaFX breaks down the trends.

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#USDDollar #AustralianDollar #ForexTrading #RBA #InterestRates #GlobalEconomy #CurrencyMarket #Ticker