By Bilal Dhudi
Image-credit: Inc Magazine
Since its inception in 2009, Shark Tank has been a platform for entrepreneurs to showcase their businesses and products to a panel of potential investors, or "sharks."
Image-credit: Michael Desmond/ABC
In exchange for an investment, the entrepreneurs typically offer a percentage of equity in their company.
Investment decisions on Shark Tank are made by the individual Sharks, based on their own due diligence and judgment.
The Sharks are not bound by any formal process or criteria when making their investment decisions, and they may (and have in the past) make investments in companies that are not featured on the show.
However, some companies have made waves on Shark Tank by securing significant investments from the Sharks. Here are just a few examples:
A sock company that has donated over 10 million pairs of socks to those in need. They secured a $200,000 investment from Mark Cuban in 2014.
A company that makes a sponge that changes texture based on the water temperature. They secured a $200,000 investment from Lori Greiner in 2012.
A company that makes an ergonomic element for toilets. They secured a $1 million investment from Lori Greiner in 2015.
SPic: quatty Potty
An ugly sweater company that secured a $100,000 investment from Robert Herjavec in 2013.
An online school for technology, design, and business courses. They secured a $1 million investment from Mark Cuban in 2015.