Shark Tank is an American business series, which first premiered in 2009 on ABC. The show is the American franchise of the international format of Dragon’s Den, which originated in Japan as Money Tigers, back in 2001. The show follows aspiring entrepreneurs making business presentations to a panel of five investors, or sharks, who decide whether they would like to invest in their start-up companies or not.
The so-called sharks often find weaknesses and faults in an entrepreneur’s value of their company, product or business model, but if interested, they can make a handshake deal on the show. If all the panel members drop out, however, the entrepreneur leaves empty-handed.