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Entrepreneurs pitch their businesses to five multi-millionaire business tycoons called the "Sharks". The Sharks decide if they will fund the company and then negotiate on what percentage of the company they will get in exchange for their money. Before the show, contestants decide what amount of money they need to get from the Sharks. They must get at least that amount from a single Shark or combination of multiple Sharks or they walk away with nothing.
The Sharks are as follows:
Robert Herjavec, who sold his IT security firm at the height of the dot-com bubble for over $100 million.
Kevin O'Leary, co-host of Business News Network's SqueezePlay, formerly president of The Learning Company, which was sold to Mattel for $3.7 billion in 1999.
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 tens of millions of dollars in sales each year.
Daymond John, founder of FUBU his company has made record sales to the tune of $6 billion dollars.
ABC's:Shark Tank
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