shark tank bandages

Inclusivity is important in all aspects of life. Something as small as bandages can make a big impact. That'south the philosophy Intisar Bashin and Rashid Mahdi brought to their company, Browndages. These skin-tone bandages come in five different inclusive colors and feature characters all children can see themselves in. Will the sharks appreciate this important bulletin during Shark Tank Flavor 13? Find out in our Browndages update.

Shark Tank Browndages Update

• Entrepreneur: Intisar Bashir and Rashid Mahdi
• Business: Inclusive flesh-tone and character bandages
• Ask: $75,000 for 7.v% equity
• Effect: $100,000 for 25% equity + a $75,000 line of credit
• Shark: Marking Cuban, Daymond John, and Lori Greiner

Browndages had an important mission, inclusive bandages that everyone could feel comfortable using. The company launched in 2020 and had $135,000 in sales during that year. They sold so many bandages that they ran out of stock. The sharks loved the bulletin, simply the size of the bandage industry (and the big players there) were more than a bit intimidating.

Robert Herjavec was agape of the scale of the bandage industry, and taking on those large names just didn't sound like something he wanted to do, and he went out. Kevin O'Leary fabricated an offer of $75,000 for 15% equity, with a plan to take on the major players and piece of work with them.

Lori Greiner, still, saw how of import the mission of inclusivity was. She asked Marker Cuban and Daymond John if they wanted to get in on a deal together. They offered $100,000 for 30% for all three of them. Intisar and Rashid counter at seven.5% equity each. However, Mark added an boosted credit line of $75,000 to help proceed stock on hand.

Intisar and Rashid manage to haggle them downwards to a 25% pale split between the two of them. Everyone agrees, and they struck a deal. With three sharks on board, Browndages are sure to gain some traction. Let's notice out how they're doing in our Browndages update.

Since appearing on Shark Tank, Browndages started offering more products than ever. In add-on to their plain bandages in five skin tone colors, they also make rubberband bandages, tins with icon Blackness history figures on the packaging, pajamas, hats, and masks. Though our Browndages update research didn't plow over any new sales numbers, but nosotros're sure this company is going to accident upwards!

Want to know what happened to the other companies featured in Season xiii Episode 20? Discover our company updates here:

• True cat Amazing Update
• Lil Advents Update
• HairFin Update

For more company updates from Flavor 13, don't forget to cheque out our Season 13 products page.

Source: https://sharktankrecap.com/browndages-update-shark-tank-season-13/

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