What Is Browndages Net Worth After A Massive $100,000 Deal On Shark Tank?

You are at the right place, and Here you will find information about Browndages Net Worth, With Daymond John, Lori Greiner, and Mark Cuban, Browndages Secures a Deal on “Shark Tank,” and frequently asked questions.

For many years, no one paid attention to Rashid Mahdi and Intisar Bashir's firm.

A husband and wife pair from Columbus, Ohio, founded Browndages in 2018, a business that provides a variety of skin-toned bandages.

Sales were initially sluggish, according to the creators of the ABC show “Shark Tank,” until nationwide Black Lives Matter demonstrations broke out in June 2020.

Small businesses with Black ownership started to draw clients. Browndages were now visible.

Mahdi and Bashir asserted that throughout that month, they generated around $130,000 in sales over six days.

On Friday's show, Mark Cuban, Lori Greiner, and Daymond John each granted the pair a $100,000 investment and a $75,000 line of credit, adding another accomplishment to the list.

Even better, Cuban informed Mahdi and Bashir that he could arrange for the Dallas Mavericks basketball team, which he owns, to wear the bandages and distribute them.

browndages net worth

As a result, according to Cuban, the brand “could extend into various communities, so they can all feel represented.”

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He stated that the Mavericks, for example, “engage with schools all across [Dallas],” adding that the nurses at those facilities might also distribute bandages from Browndages.

What Is Browndages's Net Worth? (Updated In 2022)

Browndages was on Shark Tank and is presently valued at $140,000.

 

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With Daymond John, Lori Greiner, and Mark Cuban, Browndages Secures a $100,000 Deal on “Shark Tank”

The Black and Brown populations know how difficult it is to find goods that suit their specific requirements and cultures.

browndages net worth

  • Intisar Bashir and Rashid Mahdi, a married couple, started Browndages in 2018 when they could not obtain bandages that matched the skin tone of their children due to a shortage of diverse applications that come in different skin complexions, according to Sportskeeda.
  • According to ABC, the Browndage brand now sells pajamas, first aid kits, elastic wraps, healing balms, and character bandages geared toward people of color with darker skin tones.
  • On April 15, 2022, the husband and wife team presented their inclusive bandage company to the judges on ABC's Shark Tank Season 13 Episode 20 to secure a $75k deal for 7.5 percent equity.
  • According to Meaww, the sharks voiced anxiety over the possibility that bigger businesses would produce new hues and patterns.
  • Intisar and Rashid claimed they had a committed clientele that grew during the George Floyd murder protests in the summer of 2020.
  • They mentioned that they buy the bandages once a new consumer is aware of their product. Their social media followers went from 10k to 75k, and they made 130k in sales.
  • Kevin O'Leary initially offered the couple $75k for 15% interest in their business. Still, Lori Greiner, Mark Cuban, and Daymond John immediately surpassed him with a 100k offer for 30% ownership of the company, with 10% going to each shark.
  • The three sharks offered a deal for $100,000 for 30% with a $75k credit line after Intisar and Rashid countered with a 22 percent offer.

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According to Meaww, the judges approved the husband and wife business owners' agreement to negotiate the equity to 25% for $100k with a $75k credit line.

Frequently Asked Questions

browndages net worth

Who is Browndages' Owner?

Intisar Bashir and Rashid Mahdi, the husband-and-wife pair who jointly manage Browndages, noticed a few years ago that the bandages they were purchasing didn't match their family's colors.

The business began to close that gap, initially concentrating on adult bandages.

Did Browndages Land a Deal on Shark Tank?

On “Shark Tank,” Browndages signs a $100,000 deal with Daymond John, Lori Greiner, and Mark Cuban.

The Black and Brown populations know how difficult it is to find goods that suit their specific requirements and cultures.

When Did Browndages Start?

Intisar Mahdi and her spouse Rashid launched Browndages in 2018 after being motivated to give their family a better experience.

Intisar explained to Vogue from their Columbus, Ohio, home that the bandages they purchased did not fit their family's flesh. “So we thought to develop our firm,” they said.

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