The popular reality television show Shark Tank showcases entrepreneurs seeking to persuade the investor “sharks” to give them money in exchange for a piece of their business.
The contestants, which airs Friday nights on ABC, come from a range of diverse industries and backgrounds. When choosing contestants, the show looks for everything from stay-at-home mom entrepreneurs to seasoned business owners generating millions of dollars, according to Clay Newbill, a show producer.
“My goal is to find the best people with the best ideas,” said Newbill in an email. “Whether it be for a business or a product, I look first for something that makes me and my team say, ‘Wow!’ We actually call them ‘wow’ ideas.”
Consider these facts and figures about the show.