They say you’ve got to be tough to make it in business.
And in a preview for tonight’s episode of Shark Tank, RedBalloon founder Naomi Simson shows her fierce side as she mouthed off at fellow entrepreneur Steve Baxter.
The ferocious tirade came after tech start-up investor Steve insulted Naomi by describing her offer to a contestant as ‘ridiculous’.
Unleashed her rage! In a preview for Tuesday night’s episode of Shark Tank, Naomi Simson (pictured) fires back at fellow entrepreneur Steve Baxter after he mocks her ‘ridiculous’ offer to contestant Annas ‘Ace’ Ahsan
Annas ‘Ace’ Ahsan had fronted the panel asking for $80,000 for a 10 percent stake in his spice business which he had valued at $800,000.
The other four sharks — Janine Allis, Andrew Banks, Steve Baxter and Glen Richards — declined to make an offer, while Naomi told the contestant she’d give him $80,000 for 50 percent of the business.
In the clip, Steve took umbrage at what he perceived to be an insulting lowball offer and advised Annas to ‘run scared’.
‘Run scared’: Steve (pictured) took umbrage at what he perceived to be a low-ball offer
‘That is not what this is about!’: Naomi became incensed after being accused by Steve of essentially just offering an opportunity to be on her gift experience company, RedBalloon
Annas then made a counter offer in an attempt to avoid selling off such a large slice of pie when it came to his business, but Naomi wasn’t swayed.
Steve then stepped in to make fun of her original offer.
‘Let’s face it, what you’re being offered is an opportunity to get on RedBalloon,’ he told the contestant.
An insulted Naomi fired back at Steve: ‘Excuse me I would never put this on RedBalloon! That is not what this is about! That’s irrelevant!’
Lady in red: The RedBalloon founder insisted she had ‘no intention’ of turning Annas’ spice business into an experience gift
Naomi added: ‘I have no intention of turning this into an experience gift! So that is not my intention! I’m talking about retailers.’
Unrelenting, she continued: ‘If you want to listen to him then go right ahead but the deal will be off the table. I know what I bring to the market. You either want it or you don’t.’
Shark Tank will air Tuesday night at 7.30pm on Channel Ten, where Annas’ decision on the offer will be revealed.
All be revealed! The episode featuring the argument will appear on tonight’s episode of Shark Tank (Pictured from left: sharks Steve Baxter, Janine Allis, Andrew Banks, Naomi Simson and Glen Richards)