Shark Tank Entrepreneurs seeing some early success

Categories: Network TV Press Releases

Written By

August 28th, 2009

shark-tank

this has absolutely nothing to do with ratings (which while much improved from the premiere are still under a 2.0 with adults 18-49), but some follow-up on the show's contestants which might be interesting (it was to me) to anyone who watched the first two episodes:

via ABC press release:

Shark Tank ENTREPRENEURS SWIM AWAY WITH OVER $1.5 MILLION

In just three weeks, the “Sharks” of ABC’s hit new reality show “Shark Tank” have invested over $1.5 million dollars into the unique ideas and products presented to them by the show’s contestants.

Through the deals made on “Shark Tank,” several businesses have found new growth and success. Mr. Tod’s Pie Factory, featured in the premiere episode, has tripled its sales and is in negotiation with a professional sports team to have a kiosk at their arena. An appearance on QVC by Mr. Tod resulted in 5,000 pies being sold in eight minutes, totaling $20,000 in sales.

A Perfect Pear, featured in “Episode 102,” received $500,000 and has since been able to increase manufacturing, leading to product availability in stores nationwide and a 100% increase in sales since the segment aired, as well as 1600 units being sold on HSN.

Meanwhile, Ava the Elephant, also featured in the premiere episode, is in talks with several major medical manufactures to license the product to national retail chains.

Shark Tank,” airs Sundays (9:00-10:00 p.m., ET) on the ABC Television Network.

 
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