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How Felix Brandon Lloyd's Beanstack Went From Receiving A $250K Investment From Mark Cuban To Generating $5M In Annual Revenue

Reading is one of the fundamental skills required for youth to excel academically. However, there has been a rising number of children who struggle with literacy skills. According to The Nation’s Report Card, only 33% of fourth-grade students could read at or above the basic reading level as of 2022. To be a part of keeping students motivated to read, Beanstack, formerly known as Zoobean, stepped in. Founded by husband-and-wife team Felix Brandon Lloyd and Jordan Lloyd Bookey, the edtech startup was created to not only support children’s reading growth but also grow their overall love for reading. The drive to launch the company stems from the founders’ background in education. In addition to Bookey serving as Google’s head of K-12 education outreach, Lloyd had worked in the public school system. He started out as dean of students at the SEED Public Charter School, where he was named Washington, D.C.’s “Teacher of the Year.” Then, in 2007, Lloyd was selected for Echoing Green’s...

May 2, 2024

Dawn Myers, The Founder Behind A Hair Tool Catering To Curly And Coily Hair, Lands Mark Cuban And Emma Grede As Investors

Richualist Founder Dawn Myers has scored an investment from “Sharks” Mark Cuban and Emma Grede. On Friday April 5, the founder was featured on ABC’s “Shark Tank.” The purpose of the show is to offer opportunities to entrepreneurs who are looking to start or scale their business by securing funding from its lineup of venture capitalists, its website mentions. The episode starring Myers featured “Sharks” Cuban and Grede, along with Lori Greiner, Kevin O’Leary, and Robert Herjavec. Photo Credit: Christopher Willard Myers was seeking a $150,000 investment in exchange for 10% stake in her company. As AFROTECH™ previously told you, Myers launched The Mint, a hair tool that includes six attachments to detangle and style all hair types, with a special focus on curly to coily types, classified as 3A to 4C. Its technology warms liquid hair products between 130 degrees Fahrenheit and 140 degrees Fahrenheit for deeper penetration into the scalp. Myers said on the show she is currently in talks...

Apr 9, 2024

The Black Women Trio Behind The Holiday Brand, Black Paper Party, Snags A $250K Investment On 'Shark Tank'

A trio of entrepreneurs has benefited from bringing their holiday brand in front of the “Sharks.”

Dec 13, 2023

Yum Crumbs Founder Delson Jeanvilma Brought To Tears After Landing A Sweet Deal Of $100K On ‘Shark Tank’

Sometimes you just need to hang in there because your blessing could be around the corner. Entrepreneur Delson Jeanvilma walked away victorious after securing a deal on “Shark Tank.”

Nov 20, 2023

Ghanaian Entrepreneur Selom Agbitor Is The Co-Founder Of A Natural Tattoo Care Brand With A $56M Valuation

Selom Agbitor is behind a company that started as a side hustle and transformed into selling in Walmart stores across the U.S.

Nov 16, 2023

Black-Owned Wondry Quadruples Sales To $1.1M Less Than 1 Year After Being Backed By Mark Cuban On 'Shark Tank'

Couple-turned-founders Whitney and Chaz Gates experienced overnight success following their appearance on “Shark Tank.”

Nov 14, 2023

Whoopi Goldberg Would Accept The Offer To Become An Investor On 'Shark Tank' Under One Condition

Could Whoopi Goldberg be making her debut on ABC’s “Shark Tank” as an investor?

Oct 18, 2023

Georgia MBA Student Kristen Dunning Secures A Deal On 'Shark Tank' For Her Soap Company

It had been a dream of entrepreneur Kristen Dunning’s to appear on “Shark Tank.”

Oct 6, 2023

Rick Ross Wants Fellow Entrepreneurs To Skip The 'Shark Tank' Pitch and Come To The 'Biggest Boss' Instead

Rick Ross is ready to give “Shark Tank” a run for its money and is calling on fellow entrepreneurs to join him.

Sep 26, 2023

After Landing An Investment On 'Shark Tank,' 19-Year-Old Tyla-Simone Crayton Opens Chicken Wing Restaurant In Missouri City, TX

After previously landing a deal on “Shark Tank,” Tyla-Simone Crayton has officially launched her first brick-and-mortar restaurant.

Sep 15, 2023

Couple Turned Co-Founders Went From $300K In Debt To Seeing 529% In Growth Over 3 Years

In 2020, Yve-Car Momperousse and Stéphane Jean-Baptiste represented Haiti on national television. The wedded couple and co-founders of Kreyol Essence made an appearance on season 11 of “Shark Tank,” according to The List. The eco-friendly beauty brand sells products made with pure Haitian Black Castor oil that promotes hair growth, healthy skin, and more.

Aug 24, 2023

Daymond John Seeks Restraining Order Against Business Owners Who Claim His Partner Stole Their Money

A Black-owned business has gone from securing what was initially a promising deal to facing a “nightmare.”

Jun 1, 2023

19-Year-Old Sienna Sauce CEO Says She Hasn't Yet Received Her $100K 'Shark Tank' Investment

When entrepreneurs appear on “Shark Tank,” they pitch their businesses with the hopes of walking away with a deal. Back in 2021, Tyla-Simone Crayton appeared on the show and closed an investment. However, the 19-year-old claims she has yet to receive it.

Mar 29, 2023

Nigerian-American Founder Scores $250K Deal On 'Shark Tank' For Her $2.4M Frozen Yogurt Startup

In 2020, Ehime Eigbe launched the award-winning frozen greek yogurt brand Sweetkiwi after her own personal struggle with uterine fibroids, according to a press release shared with AfroTech.  

Mar 16, 2023