Shark Tank Season 5 Premiere Recap

Shark Tank Season 5 -Week 1 Recap

 After waiting all summer long for Shark Tank Season 5 to begin it's finally here with week 1 in the record books. Barbara Corcoran and Lori Greiner made their first appearance together while Daymond John took the night off to watch them battle it out. With a few clear winners and one that could easily make Shark Tank's Most Successful List, Season 5 got off to a great start.

Postcard on the Run

 First up in the Shark Tank Season 5 Premiere was Josh Brooks and the Postcard on the Run Business. Josh came into the Tank looking for a $300k investment in exchange for 5% of his instant postcard sending business. For only $2.49 you can take any photo taken on your smart phone and turn it into a postcard set to anyone in the world. It's a great idea that's already had two successful rounds of investing raising $1.6 million in startup capital.

Celebrity Teen Star Selina Gomez has invested in both rounds with a valuation of $6 million, the same valuation being offered to the Sharks. With only $186k left in the bank, Mark Cuban says "your screwed" while going out. Brooks needs the investment from the Sharks to keep the business afloat even though they have $450k in sales, but is not willing to negotiate the $6 million valuation. Robert Herjevic who has a few teenagers of his own, sees the same value in this business that I did in their featured article. After an extremely impressive set of negotiations, Herjevic invests $300k for 7.5% of the Postcard on the Run Business settling on a $4 million dollar valuation.

 

Wicked Good Cupcakes Shark Tank Update

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Shark Tank Season 5 Premiere Week 1

Shark Tank Season 5 - Episode 504 - Week 1

Season 5 Premiere's September 20, 2013 

Celebrity Selina Gomez
Early Investor in
Post Card on the Run

 Does anyone know what time it is? It's Shark Tank Time! Yeees, Shark Tank Season 5 starts next Friday 9/20/2013 at 9.p.m. eastern. First off I'd like to thank all the Sharks for coming back from a very successful season 4 where they shattered all previous records. Each and every one of you have become Stars in your own right and it's because of you the Shark Tank has become so successful. Yes, that even goes for Mr. Wonderful that I have grown to like and value his opinion more than ever before. Shark Tank would be a completely different show without you Kevin.

 

One things for sure, the producers are mixing up the show and creating more competition amongst the Sharks which should result in better offers for the contestants. The Season 5 premiere will also make Shark Tank History when both Barbara Corcoran and Lori Greiner will appear on the Shark Tank together. I can only imagine some of the one liners we are bound to hear that's been building up for years. We also have some new money from two new billionaire's Steve Tisch and John Paul DeJornia which is sure to add to a very successful record year.
 

Who's The New Shark Tank Season 5 Stars?

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Sweet Ballz

Sweet Ballz on Shark Tank Season 5

Cake Balls on Season Premiere Week 1 - Episode 504

Sweet Ballz -Cake Balls
Season Premiere
Shark Tank Season 5

 With a name like Sweet Ballz, you best have some big balls to back it up if you're going on the Shark Tank Show. James McDonald is the man behind Sweet Ballz which makes some of the sweetest cake balls you have ever tasted. In fact McDonald's Ballz are so good they are already available in over 5000 stores.

According to the Sweet Balls website, they are available in over 4000 7-11 Stores which will certainly add a lot of credibility to the cake ball business. Adding an additional 1000 store is enough to sweeten this deal even further and possibly enough too get the Sharks to invest in this growing company.

But my question would be with already making thousands of sweet ballz on a daily basis, why are they not available online? If Shark Tank contestants can sell cakes and even ice cream online to coincide with their appearance, why can't you sell Cake Balls? Hard telling how much this will cost the bottom line in a missed opportunity after 7+ million people see the Sweet Balls on National TV. Who knows, maybe James will read this and still have enough time putting together a "Shark Tank Special" available online before Season 5 premiere begins.
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