This week’s Shark Tank Australia is all about how simple ideas can turn into big surprises — some are inspiring; others, disturbing. Fasten your seatbelts and strap yourselves in, it gets a bit weird. Flashback Best mates Kelric Mullen and Mackenzie Salisbury are first to enter the tank, and they do so in their branded boiler suits — yes, boiler suits are a thing for a certain type of nerd right now — to pitch a retro camera going gangbusters.
Kelric starts with what they want: $500,000 for 7% of the business. The sharks reel but when he shows a photo taken of his reaction when they took their first 80,000 orders in 13 minutes, they were hooked. The Flashback is like a single-use disposable camera but instead of shooting film, you get one day to take 27 digital photos that get sent to your phone the next day — so you get the slow photography process without having to find and process film.
Starting on Kickstarter, the business has sold over 100,000 cameras in its first year. Shark Rob Herjavec doesn’t get it. Why don’t we use an iPhone!? But this is different.
It’s slow photography, like slow food. But Rob is spun out with the figures: they grossed $600,000 last month! To help her decide, Jane asks everyone to guess how many photos she has on her phone. Let’s play.
What do you think? 5,000? No, higher. 14,415, like I have? Higher. 70,000? No, 103,000 photos, but she won’t make an offer.
Fellow Shark Davie Fogarty thinks this eccentric camera is the real de.
