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All posts tagged "shark tank"

  • We lost R200k to wrong developers, Shark Tank startup tells Fuckup Nights

    They may have secured R400 000 from two investors on SA TV show Shark Tank last year, but Jason Newmark and Chelsea Evans learnt a hard lesson when they recently lost R200 000 on tech developers. Speaking at a Fuckup Nights event held in Cape Town on Wednesday, Newmark and Evans, co-founders of wedding planning site Plan My Wedding, detailed how choosing the wrong website developers also set them back a year. The monthly event, in which entrepreneurs detail their biggest failures, was hosted by co-working space Cape Town Office at the Canterbury Club. "We ended up spending R200k on developers we...

  • Bottles pops cork after R500 000 Shark Tank investment

    On-demand alcohol delivery app, Bottles has successfully pitched their business on Shark Tank SA and walked away with an investment of R500 000. Their investment comes at a 10% stake in their business after the co-founder of The Creative Council, Gil Oved found Bottles model to be a profitable investment. The alcohol delivery app allows users to choose from their favourite beers, spirits and wines to be delivered to their door within 60-minutes. "Attending Shark Tank SA has been an incredible experience for us, we prepared for days on end, watching every past episode of the show available online to make sure we...

  • WatchMojo’s pick of the 10 worst US Shark Tank pitches

    Pitching to a room full of investors can be a difficult and nerve-wracking undertaking. Now imagine doing it while being filmed for a TV show. The popular Shark Tank series has been around for quite some time and has had its share of bad pitches. The popular listicle YouTube channel, WatchMojo.com has put together its choice of the top 10 worst pitches ever to appear on the US version of Shark Tank. If there's anything to be gained from these cringeworthy products and ideas, it's that you need to make sure your business plan is air-tight, your product is actually compelling to consumers,...

  • Swimming in the Shark Tank: an interview with Marnus Broodryk

    Entrepreneurial series Shark Tank SA is made up of an incredibly successful panel of entrepreneurs. Ventureburn sat down with one of the judges, Marnus Broodryk to discuss his journey with the show as well as his take on entrepreneurship today. This self-made millionaire embarked on a journey much like any other entrepreneur. He worked hard, sacrificing most of his childhood to put himself through school. Today, he's been responsible for many successful ventures and has consulted with companies listed on the Johannesburg Stock Exchange as well as the New York Stock Exchange. Presently, he sits on a panel of judges known...

  • Vinny Lingham named fourth ‘Shark’ on M-Net’s Shark Tank

    VC and co-founder of Silicon Cape, Vinny Lingham, has been named the fourth 'Shark' on M-Net's upcoming pitching show, Shark Tank. Lingham joins co-CEO of The Creative Council, CEO of The Beancounter, Gil Oved, Marnus Boordyk, and CEO at Europcar and Imperial Car rental division, Dawn Nathan-Jones on the judging panel. The show's setup features entrepreneurs pitching their business ideas to the panel of judges for funding. The Sharks may then decide to invest in the idea, or decline. If more than one Shark decides to invest, the contestant will need to decide who they're going with. Lingham is no stranger to this type of...

  • M-Net’s startup pitching show gets prominent ‘shark’

    Upcoming pitching TV show Shark Tank South Africa, has named Co-CEO and co-founder of The Creative Council Gil Oved as one of it's 'Sharks'. The show will feature entrepreneurs pitching their business ideas to a panel of well-known judges for funding. If more than one Shark decides to invest in an idea, the contestant will need to decide who they're going with. "On Shark Tank South Africa, I am keen on investing in companies with unique -- and local -- IP. I am interested in products, services, technology and brands that need channel marketing, branding, distribution, mentorship, guidance and access to capital," writes...