Shark Tank Australia

The Party People, a party supplies company, was started by Dean Salakas in 1985.  As of January 2024, The Party People net worth is $8 million and they’re pulling in a whopping $6.5 million in annual revenue.  In 2015 they appeared on season 1 of Shark Tank Australia seeking $400,000 for 5% of equity valuing the company at $8 million. But the Sharks didn’t pay interest on investing in The Party People. Sharks were not satisfied with the scope of audience that the founder targeted.  The Party People are still in business as of 2023. Their prior business, a clown rental company they operated out of their homes, was too big for them to manage. The company began operations in 1985 in Sans Souci, New…

Scrubba wash bag, a portable washing machine, was started by Ash Newland in 2010. As of January 2024, Scrubba wash bag net worth is $20 million and they’re pulling in a whopping $3 million  in annual revenue.  In September 2016, they appeared on season 1 of Shark Tank Australia. And made a deal with Steve and Janine, for  $20,000 for 20%  of equity. The final valuation was $100,000, down from the founder’s initial estimate of $2.225 million. Scrubba Wash Bag is still very much in business. Scrubba Wash Bag has continued to expand its product line. Introducing new items like the Scrubba Laundry Base and the Scrubba Wash Mitt. They’ve also focused on increasing their sustainability efforts. They were using recycled materials in more of…