Ep 3. Week 3

In Shark Tank season 5 episode 3, titled "Week 3," entrepreneurs from various industries pitch their business ideas to a panel of experienced investors, aka the Sharks. The Sharks are prepared to offer financial backing and mentorship to those with promising ventures, but they also have the power to tear apart and reject concepts that don't pass muster.

In this episode, the Sharks are especially excited to hear from two sets of entrepreneurs with roots in Hollywood. First up is a pair of brothers who want to revolutionize the way movies are made. They've created a software called Shot Stats that tracks every movement made by actors and objects in a shot, making it easier for directors and editors to piece together a film in post-production. The brothers believe that their technology will save time and money in the filmmaking process, and they're seeking an investment of $500,000 for a 5% stake in their company.

Another entertainment-focused pitch comes from a father-daughter duo who created a children's book series called Fun Time With Monsters. Every book is an interactive adventure that involves the readers in the story, with challenges to overcome and clues to uncover. The books have garnered a following, but the duo wants to expand the brand into a bigger media franchise. They're looking for $300,000 for a 15% stake in the company, with hopes of creating a Fun Time With Monsters TV show, merchandise, and more.

But the Sharks aren't just interested in entertainment. A third entrepreneur enters the tank with a solution to a common problem: tangled earbuds. His invention is a tangle-free earbud case that clamps onto clothes or bags, keeping the cords organized and easy to access. He's seeking an investment of $150,000 for a 15% stake in his company.

Other ideas pitched in the episode include a fitness program for people with disabilities, a hat designed to keep beverages cold, and a healthy snack company. As always, the Sharks grill each entrepreneur on their financial goals, projection accuracy, and market potential before deciding whether to invest.

Overall, episode 3 of Shark Tank season 5 is a showcase of innovative and ambitious entrepreneurs with ideas ranging from entertaining to practical. Viewers will see whether the Sharks take a bite out of these concepts or swim away from them.