Menu
Entertainment

Sharks slam ‘stupid’ pitch: ‘I’m sick of it’

Dr Glen Richards gives the guys a serve.
Dr Glen Richards gives the guys a serve. Channel 10

A TRIO of hopefuls on tonight's episode of Shark Tank are left to squirm after their product, a beer-buying app, fails a basic test run from the show's most ferocious panellist.

The Beerpal app promises 'Australia's cheapest beer at your fingertips,' and the blokes behind the app front up to the show full of confidence.

"We have a product that every Aussie needs to use," says Paul Cameron, backed up by business partners Sam and Seth.

"Nobody's going to think this is a bad idea."

Beerpal allows users to find "where your favourite beers are on special, instantly." Enter in your favourite beer brands, and Beerpal will tell you where to buy them nearby for the best price.

The blokes from Beerpal face the Shark Tank panel.
The blokes from Beerpal face the Shark Tank panel. Channel 10

It's an impressive pitch, but the Shark Tank panel of investors have reservations.

"So are you a tech company or a beer company?" asks Dr Glen Richards.

"We're a tech company," says Cameron, a pronouncement that earns him a nervous sideways glance from his business partners.

As the pitch wears on, investing guru Steve Baxter gives the app a test run - and he's furious.

"I put four out of five of my (favourite) beers in this app, and it found none of them. You can't do that. I had to put in a beer I don't quite like just to get an answer out of it," he tells them.

"This is not a working app. I'm not going to use this app again. If the answer to the question's an app, what the hell was the question?"

Steve Baxter says the app fell at the first hurdle for him.
Steve Baxter says the app fell at the first hurdle for him. Channel 10

The trio's lofty $2 million valuation for a company that made $20,000 last financial year then proves the final straw for Dr Richards.

"I'm sick of tech guys coming in here, overpromising and underdelivering, giving me this stupid valuation based on hope," he tells them.

"We're not a tech company," Cameron interjects.

"Uh, you said we were," his Beerpal partners whisper.

So will any of the Shark Tank panel invest with the boys from Beerpal? Find out when the show airs tonight, 7:30pm on Ten.

Topics:  channel 10 shark tank television

News Corp Australia


Brother's brain injury final straw in ice addict's horror

Generic, window, man, look, silhouette

HE lost his wife, daughter & business... but this was just the beginning.

Council proposes staggered finish times at busy Rocky school

Frenchville State School in Frenchville.

Close call leads to left-field proposal to school authorities

Milestone moment for Rocky riverbank $36m redevelopment

Rockhampton Riverbank Re-development.

Opening comes at perfect time for local residents and CBD traders.

Local Partners

Meghan Markle’s $266m royal impact

THE US actor is likely to have a similar effect on sales to Kate Middleton and could change the royal family’s fortunes forever.

Brilliant new movie you can stream now

Mudbound’s breathtaking cinematography was lensed by Rachel Morrison.

You can stream this Oscar contender tonight or anytime you want.

First look at 2018 season of My Kitchen Rules

Two new contestants set to make their debut on My Kitchen Rules in 2018.

A FRESH batch of home cooks fawn over Manu in new MKR trailer.

Kim Kardashian ‘fires’ longtime assistant

Kim Kardashian has reportedly fired her assistant Stephanie Shepherd. Picture: Instagram

Stephanie Shepherd has been cut loose.

Sacked Ten EP: ‘Passion was my downfall’

Studio 10’s executive producer Rob McKnight has been let go from the network.

Studio 10 executive producer Rob McKnight leaves Channel 10.

Internet loses it over Japanese game show

The internet is losing its mind for this Japanese show.

JAPAN is known for its wacky game shows but this could be the best.

Taylor Swift no longer richest woman in music

Taylor Swift is no longer the highest earning woman in music.

Swift has lost her crown as the world’s top-earning female artist.