Shark Tank
| Shark Tank | |
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| Genre | Reality |
| Created by | Mark Burnett |
| Based on | Dragons' Den |
| Directed by |
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| Starring | |
| Country of origin | United States |
| Original language(s) | English |
| No. of seasons | 8 |
| No. of episodes | 168 (list of episodes) |
| Production | |
| Executive producer(s) |
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| Camera setup | Multiple-camera |
| Running time | 42 minutes |
| Production company(s) |
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| Release | |
| Original network | ABC |
| Picture format | 720p (16:9 HDTV) |
| Audio format | Stereo |
| Original release | August 9, 2009 – present |
| Chronology | |
| Related shows | Beyond the Tank |
| External links | |
| Website | |
Shark Tank is an American reality television series that premiered on August 9, 2009, on ABC. The show is a franchise of the international format Dragons' Den, which originated in Japan in 2001. Shark Tank shows aspiring entrepreneur-contestants as they make business presentations to a panel of "shark" investors, who then choose whether or not to invest.
Shark Tank has been a ratings success in its time slot and has won the Primetime Emmy Award for Outstanding Structured Reality Program three times. The show is currently in its eighth season, which premiered on September 23, 2016.
Shark Tank is produced by Mark Burnett and based on the format Dragons' Den, which originated in 2001 with the Japanese show Tigers of Money. The show, however, more closely resembles the format of the British version, Dragons' Den, which premiered in 2005. The show features a panel of potential investors, called "sharks," who consider offers from aspiring entrepreneurs seeking investments for their business or product. The sharks are paid for their participation in the show, but the money they invest is their own. The entrepreneur can make a deal on the show if a panel member is interested. However, if all of the panel members opt out, the entrepreneur leaves empty-handed. The show is said to portray "the drama of pitch meetings and the interaction between the entrepreneurs and tycoons." A one-hour pitch by a contestant is edited down to "a dramatic 10-minute segment."
Two of the show's longstanding "sharks", Robert Herjavec and Kevin O'Leary, are Canadian entrepreneurs who had previously appeared on the Canadian version of the show, Dragons' Den.
The "sharks" often find weaknesses and faults in an entrepreneur's concept, product, or business model. Some of the investors try to soften the impact of rejection, like panel member Corcoran, while others such as O'Leary can be "brutal" and show "no patience even for tales of hardship".
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