Black-owned businesses are out here thriving, and we love to see it. As previously reported by AfroTech, Young King Hair Care launched in more than 1,200 Target and Walmart retailers just shy of two years of becoming the destination for haircare tailored specifically for young men. Now, they are headed for the famous NBC’s “Shark Tank” and founders Cora and Stefan Miller hope that this continues the company’s growth. “Prior to filming our segment, our business was experiencing exponential growth since our launch in December 2019,” said Cora in an exclusive email interview with AfroTech. “The Sharks were very complimentary regarding the business we built. They actually even called my husband a ‘brilliant marketer,’ which as our CMO, whose professional background is all-around marketing, made him feel so proud.”
Mar 25, 2022
These entrepreneurs are reaping all the benefits from having turned down an offer during an appearance on “Shark Tank.” Kim and Tim Lewis are the founders of CurlMix, a haircare line geared toward all textures of our tresses! AfroTech previously reported that while on “Shark Tank” the couple turned down a $400,000 offer. Now they’re slated to make history in the equity crowdfunding space having already raised over $3.6 million within 30 days of launching their campaign, per Black Enterprise. To date over 6,000 investors have tapped into their campaign powered by Wefunder. “Anytime you have a community backing you and they are hype about [your brand], what you are doing will be successful,” said Tim during an interview with Black Enterprise. “I don’t have rich people [involved] who put in half a million dollars. About 90% of our investors have contributed less than $1,000 so it really is the people that are driving this campaign.” In just four hours of launching the campaign, the...
May 3, 2021