HOW COFFEE KING KANE LANDED $2.5M FROM ANDREW BANKS ON SHARK TANK
Written on the 5 July 2017 by Ben Hall
HE landed the biggest deal in Australian Shark Tank history, and coffee mogul Kane Bodiam's vision to produce the freshest pods which are also biodegradable earned him a $2.5 million investment after a bidding war between the 'sharks'.
The sharks all love his coffee and a bidding war begins with Banks, Glen Richards and Naomi Simson all making serious offers. Steve Baxter withdraws as he simply cannot believe that the costings for a superior coffee capsule is lower than his competitors.