shark tank australia 2023
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Shark Tank Australia 2023 Recap Episode 2: The youngest ever entrepreneur wows the Sharks

A gel nail polish pen, a self-cleaning dog toilet and a Sparkling drink

TV
WRITTEN BY Anita Anabel / Edited BY Anita Anabel
5 September 2023 , 4 minutes to read

It’s episode two of Shark Tank Australia 2023 and tonight the youngest-ever entrepreneur faces the Sharks.

Pitch #1 – Glossy Boys (Lucas Lane, 13 and mum Brianna)

The Product

Glossy Boys is a 3-in-1 gel nail polish pen. While regular nail polish will air dry, it often needs a base coat and a top coat and will chip and peel quicker than the brand. Regular nail polish, for an active person, will last 1-2 days without being wrecked; however, Glossy Boys will last up to two weeks.

The “Everything Kit” retails at $49.95.

Glossy Boys. Ten
The Investment Wish

Lucas was seeking $25,000 for 5% equity.

The Shark’s Offer
  • Sabri: Out
  • Davie: $50,000 for 20% equity
  • Jane: $25,000 for 10% equity
  • Robert: Out
  • Dr Catriona: $25,000 for 5% equity

Counter Offer: Davie and Jane combined $50,000 for 15% and Dr Catriona $25,000 for 5%.

Offer Accepted

Davie and Jane combined $50,000 for 15% and Dr Catriona $25,000 for 5%.

Pitch #2 – Fydoo (Sebastien)

The Product

Fydoo is a self-cleaning Dog Toilet that connects to a waste drain and to a water source. With the use of a sanitising tablet, the grass rotates with the waste into the cleaning chamber.

Fydoo (dog not included). Ten
The Investment Wish

Sebastien was seeking $250,000 for 25% equity.

The Shark’s Offer
  • Sabri: Out
  • Davie: $250,000 for 45% equity or $500,00 for the entire business
  • Jane: Out
  • Robert: Out
  • Dr Catriona: Out

Counter: $250,000 for 30% equity

Davie’s third offer: $250,000 for 40% equity

Offer Accepted

$250,000 for 40% equity

Pitch #3 – Yaala Sparkling (Tara and Mel)

The Product

Yaala Sparkling is an indigenous-owned business that creates premium and healthy drinks, sourced from indigenous wild harvesters and local farmers. They are sugar-free and completely natural.

Yaala Sparkling. Ten
The Investment Wish

Tara and Mel were seeking $125,000 for 10% equity.

The Shark’s Offer
  • Sabri: Out
  • Davie: Out
  • Jane and Dr Catriona: $125,000 with 30% equity, between Jane and Dr Catriona. Once they make their investment back, they will come down to 15%
  • Robert: Out

Counter: $125,000 with 20% equity, between Jane and Dr Catriona. Once they make their investment back, they will come down to 15%

Offer Accepted

$125,000 with 20% equity, between Jane and Dr Catriona.

Pitches without offers

  • The Nostalgia Box failed to win any offers
  • Rove is the world’s first 3D-printed titanium wheelchair and is used by Dylan Alcott, also failed to get any offers

Shark Tank continues on Tuesdays at 7.30 pm on 10 and 10Play.

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