Shark Tank Season 13 Episode 20 featured the bandage company Browndages, which featured a variety of bandages. It sells items like nightwear, sacks, covers, and other things in addition to bandages.
Browndages Lands a $100,000 Deal With Daymond John, Lori Greiner, and Mark Cuban on “Shark Tank”
The Dark and Brown people group is aware that it is attempting to locate goods that cater to their distinct culture and meet their own requirements. For example, if you need to get glue gauze to cover a scratch or cut, the majority of traditional swabs are tissue colored but only serve the white population because they are designed specifically for white people.
According to Sportskeeda, a couple named Intisar Bashir and Rashid Mahdi founded Browndages in 2018 because they were unable to locate wraps that suited the complexion of their children. At the time, they had been searching for wraps that would work for their children but were unsuccessful.
According to ABC, the Browndage brand has evolved over the years to include products such as character swaths, first aid kits, flexible wraps, recuperative emollients, and nightgowns. These products are geared specifically toward people of color who have deeper skin tones.
In episode number 20 of season 13 of ABC’s Shark Tank, which aired on April 15, 2022, the couple team appeared on the show in front of the judges’ watchful eyes and presented its complete gauze organization in the hopes of getting a $75,000 deal for 7.5% of its value. According to Meaww, the sharks expressed concern that larger organizations would develop new types and strategies in the future.
Intisar and Rashid asserted that they have a dedicated customer base that grew over the remainder of the middle year dissent of 2020 in the aftermath of the assassination of George Floyd.
Their web-based entertainment following increased from 10,000 to 75,000, and they made a total of $130,000 in sales. Additionally, they came to the realization that as soon as a new customer learns about their product, they end up purchasing the wraps.
Kevin O’Leary initially gave the duo $75,000 in exchange for a 15% investment in their company, but this offer was quickly trumped by Lori Greiner, Mark Cuban, and Daymond John, who offered $100,000 in exchange for a 30% stake in the brand, with each shark receiving a 10% stake.
Intisar and Rashid countered with 22%, but the three sharks eventually settled on $100k for 30% with a $75k credit line. According to Meaww, the adjudicators agreed with the couple’s valuation of 25% for $100,000 plus a $75,000 credit line.
Questions Regarding the Price, the Creators, and the Extensive Use of Browndages on “Shark Tank”
Bandages are an unavoidable requirement in clinical settings and should always be available. Everyone makes use of them in order to treat cuts and injuries. And keeping in mind that they are supposed to be skin-toned so that they blend in, they only sometimes finish the task for people who have a darker appearance to them.
Assuming that you have been sitting on the sidelines looking for a bandage that is a good match for your skin tone, then Browndages is where you want to be right now!
Browndages…what Are They?
Browndages is a brand of cement gauze that strives to be all-encompassing because it is available in a wide variety of styles that are not typically found in standard swaths.
Because it is offered in a variety of deeper complexions, the brand intends to cater particularly to the needs of members of underrepresented communities. This is in contrast to the majority of wraps on the market, which cater to individuals with lighter skin or are only available in standard tones.
The popularity of the brand has unquestionably increased to an unbelievable level, and one of its customers is the entertainer Lupita N’yongo.
She even posted a picture of herself shaking Browndages on Instagram with the caption, “At long last, a wrap that mixes! Many thanks to you, @browndages, for helping me cover up my ungainliness. I really appreciate it! (Here’s a pro tip: to get the best stick, clear off your shea spread.) ”
Bandage’s New Line of Bandages Is a Steal from Black-Owned Enterprises
Band-Aid is releasing a new series of bandages that act as concealers for darker skin tones in light of recent events.
Band-Aid stated on Instagram, “We stand in fortitude with our Black companions, teammates, and local region in the war against prejudice, cruelty, and shamefulness.” “We are committed to delivering a range of gauzes in light, medium, and deep shades of Brown and Black complexions that celebrate the beauty of diverse skin tones,” the company’s website states.
Band-Aid, known for its wide variety of products, has announced a $100,000 donation to the Black Lives Matter movement, as reported by CNN. The company received criticism despite the fact that it is doing the fair (and obviously correct) thing.
Users of virtual entertainment have brought to light Johnson & Johnson’s lack of diversity, which they say should have happened 100 years ago. They also took note of Black-owned businesses like Browndages and Tru-Color that supply glue gauzes to the Black and Brown communities.