WebDec 26, 2024 · The Shark Tank audition process is pretty simple and works in two ways. One is that potential entrepreneurs submit a short video application. Another way is to apply through an online application … WebDec 8, 2024 · For example, asking $100,000 for a 10% stake in the company implies a $1 million valuation ($100k/10% = $1M). But if the Sharks feel that the business is really worth only half of that, they would counter with an offer of $100,000 for a 20% stake. ($100k investment /20% ownership = $500,000 valuation)
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