‘Shark Tank’ hosts show how well they can sell

Mark Cuban, Barbara Corcoran, Lori Greiner, Kevin O’Leary and Robert Herjavec are live in Times Square, and talk about the show’s success.
6:17 | 02/25/20

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Transcript for ‘Shark Tank’ hosts show how well they can sell
tank" sharks, the hit show is back in a new time slot on Friday on ABC so please welcome, mark Cuban, Barbara Corcoran, Lori Greiner, Kevin o'leary and Robert herjavec. All right, you guys, 11 seasons, over 200 episodes. Wow. Four Emmy wins and, Kevin, I want to ask you what makes the show such a hit. The American dream. That's exactly what "Shark tank" that's exactly what it is. And it always will be. That's why people came to America in the first place and that's why they'll keep coming, "Shark tank." Well, the best part we also deal with kid, right. It's a show the whole family can watch together and parents want to see their kids get excited about starting a business. That's what we do with "Shark tank." We get kids and grandma, grandpas all excited about starting businesses and show them how to do it. We give people hope. That's the big thing. Everybody thinks they have one good idea. Everybody. Dreams can come true. Yeah, they do. Also, can I just say, the chemistry with you all, like -- you can tell. Is this how it is outside of the tank too? We hate each other. We're like one big dysfunctional family. We know each other well. One minute we're joking, laughing and the neck killing each other and walk off set and go have a drink so it's -- we do really get along. I think because we have a very special bond. We are in a special show that's been on for 11 years, we spend a lot of time together. It's changing the way that people think. Hold on, Lori. The romance, the romance is over. It's so over. Totally over. I knew it was coming. Too bad. Is there a pitch you're looking back that still haunts you? There are a dozen of pitches but the one that bugs me the most is the stupid smiley sponge, whatever the hell the name is. When Lori took that deal and I thought who the hell -- who the heck would want that? That sponge in their kitchen? Guess what, $200 million later a lot of people until I bought the company selling for $39. Everyone wants one and we had $250 million in sales. Whoa. You can launch anything on "Shark tank." Even a little piece of that. We want to put you to the test. You are the ultimate sharks. We want to do a game called jump the "Shark tank" so we'll give you some items. You'll be assigned one obsolete item each and have 15 seconds to pitch it and sell it to us and the audience. The mark, mark, you're up first. Mark. Your item is revealing the center monitor, guys, a fax machine. Oh, lord. Please go sell us a fax machine. Tell me when you're ready. Red I, set. Stand in the circle. Stand in the circle. You guys are so cute. They're not only sharks, they're producers. Ready, set, go. This is a device that is absolutely useless. So when you get mad you can take a baseball bat to it. You can drop it. You can kick it. Break it and nobody will care because it is over. All right, I like it. Okay. That was good. Well done. All right. Barbara, you're up. Barbara, you're up. You have a rotary phone. You have to sell us a rotary phone, Barbara. I can sell this. You ready? I'm ready. This ain't just a phone, this is a weight. Lift it three times a day, get rid of all that chicken fat. This is also a weapon. Throw it at your boyfriend who has been cheating on you across the room. Cho him with the chain. Friday night "Shark tank" Friday nights. You may have scared me into buying that. Okay. Next up, Lori, you're up. Lori, you're going to pitch us a tape recorder. You are pitching us the tape recorder. Oh, my gosh. What is this? Okay. Set, go. This records your voice, you can have sentimental memories left on this. You can -- oh, no. I don't know. You can use it for political reasons. You can hide it underneath a desk somewhere and nobody will know it's there. Mr. Wonderful, Mr. Wonderful. You've got the walkman. Lori, that was terrible. Terrible. CD walkman. That was so bad. 15 seconds. I'm ready. Listen, you know what's hot music today, vinyl regards from the '60s, but, wait, something even better is coming. The CD player. Yeah. It doesn't scratch. It's portable. The music sounds amazing. You really want to get this puppy because all your old discs come back to life. [ Buzzer [ Well done. Robert, bring us on home. The rolodex. Oh, boy. Go. This, what I'm selling here, folks, is memories. All those people, your loved ones that you met your whole life, where are you going to store all those numbers and memory. Don't put it on the internet. The internet could crash tomorrow. This will never go away. Oh. Oh. Well done. All right. Well done. Well done. You guys have a good time. Okay, we need our audience. So, hold on. We need you to shout the name of who you think won. Who do you think won the contest, shout our their name.

This transcript has been automatically generated and may not be 100% accurate.

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