The Show: Shark Tank
What is the most successful company a shark has invested in?
Bombas Socks
Over 225 million dollars in sales
Invested by Daymond John
Not at all, he grew up in Pittsburg in a predominantly Jewish, working class neighborhood
Invented by Jamie Siminoff in 2012, this company reinvented the doorbell by giving "caller id for the front door"
What is Ring
The process of a new company behind founded by an entrepreneur transforming an idea into a commercial opportunity
What is startup entrepreneurship
This region in California was the top location for startups in 2021
What is Silicon Valley?
What shark has invested in the most start up companies?
Mark Cuban
151 deals
What is his net worth?
Over 2.5 billion dollars
This ride-sharing service founded in 2009 has become one of the world's most successful startups
What is Uber
This type of entrepreneurship is commonly associated with Fortune 500 companies
What is corporate entrepreneurship
The primary reason for failure of new startups
Lack of market need
What was the biggest deal in Shark Tank history?
The company Zipz
2.5 million dollars invested
Invested by Kevin O'Leary
How many businesses has he invested in/own?
Founded by a 19-year-old Harvard student, this social networking service has grown into the largest social media platform in the world
What is Facebook
What is False, most entrepreneurs take others business ideas and improve on them in some way
Only about half of small businesses and startups have this position in their administration
What is a CFO?
What shark has invested in the most money in the show?
Mark Cuban
Over 33 million dollars
What are some off his success tips?
- make mistakes
- make connections
- adapt to working with others
Originally a DVD-rental company, this startup. showed that adaptability in the business world could help grow into the worlds #1 streaming service
What is Netflix
This type of person typically finds the most success when it comes to entrepreneurship
Who are risk takers
95% of entrepreneurs have one of these prior to starting a business
What is a bachelor's degree?
What are the most frequently asked questions?
Why are you different from your competitors?
What are your projected sales?
What will you use the money for?
Tell us about yourself?
What was the company in which he invested the most money in on Shark Tank?
Ten Thirty One Production (halloween based entertainment company)
2 million for 20% equity
What is Khan Academy
This type of risk is taken by successful entrepreneurs when creating a startup
What are calculated risks
The percentage of startups that fail
90%