The biggest deals on Shark Tank are the most surprising and exciting ones in the show’s history. The show that is known for its innovation and shock value has seen some of the most outrageous business deals being made on air! The viewers have been awed time and again at how the simplest or the most ridiculous business ideas could actually grab the interest of investors and even prove to be great successes.
The reality TV show has some of the biggest entrepreneurs on its panel of ‘shark investors’ who listen to pitches by contestants who are aspiring small time entrepreneurs, who ultimately get a deal – that is investment for stake in their businesses or get rejected. Either way it’s a win-win because a platform as big as the show, with its viewer base is a great opportunity for exposure for these business owners and their products. Sometimes, even when they fail to cut a deal, their businesses experience increase in customers overnight. Some of the biggest deals over time have also featured among the 11 Most Successful Shark Tank Businesses.
However, no business is without risk and even the biggest deals on shark tank sometimes fail to make it a success after they cut a deal on the show. Even though veterans like Mark Cuban, Kevin O’Leary, Barbara Corcoran, and Robert Herjavec, who have been panel members on the show and invested in some the biggest deals, have backed an idea with their investment, the businesses have not flourished as much as they were supposed to. On the other hand even some of the biggest offers were rejected by the contestants themselves for the fear of losing stake in their business. One such case had been the dating app, Coffee Meets Bagel, which received an offer of $30 million in return for the whole business by Mark Cuban. Had the owners of the app the Kang Sister, not rejected that offer it would have made for the biggest deal in Shark Tank history.
Here we have listed the biggest deals on Shark Tank that were actually made, the ones which received whopping investment amounts for stake in the business, and were handpicked by the ‘shark investors’ as potential success stories. Let’s take a look!