article-article-body
Join Shark Tank Australia shark Sabri Suby for a weekly roundup of each week’s king or queen of the tank, the pitches that were eaten alive, and an exclusive behind-the-scenes look at the fishiest tank dynamics.
From vegan ink tattoos to game-changing contraceptives, this week was filled with some mammoth ups and downs in the tank. Dreams were pitched, business battles were fought, and an ‘Uber for laundry’ business became the biggest investment in Shark Tank history.
EasyTatt Ink co
First in the tank was Pascal from EasyTatt Ink co, which sells vegan ink semi-permanent tattoos. Davie offered Pascal 300,000 as a three-year loan for 30% of the business, which Pascal turned down.
For me, the risk vs reward simply didn’t line up on this one.
Handpicked for you
Shark Tank Australia recap: The Laundry Lady cleans up with record-breaking $1 million deal
The Laundry Lady, founded in 2012, is a platform providing busy households, businesses, and residential facilities with laundry pick-up services.
Shark Tank Australia recap: Christmas tree innovator goes from zero to $300,000 deal in 18 months
Securing the expertise of external investors has proven more valuable than retaining equity for NSW entrepreneur Katie Rawal, who guided her festive startup Holiday Celebration Trees to a three-party handshake deal on Shark Tank Australia.
COMMENTS
Reader comments will be back online shortly. In the interim send us any tips or feedback via news@smartcompany.com.au.