Black Sands Enjoyment Secures $500K Deal On Shark Tank With Kevin Hart and Mark Cuban

Barbara Merkley

ABC’s multi-Emmy® Award-winning entrepreneurial-themed reality present Shark Tank recently showcased a Black-owned comedian ebook publishing home and budding animation brand called Black Sands Amusement, established by Manuel Gody and his wife Geiszel Godoy with lover Teunis De Raat. 

In just one of the most significant moments in Black enjoyment history, the trio presented their company to the sharks inquiring for $500,000 for a 5% return from their brand. 

The Black Sands crew set their sights on getting into the animation and amusement market and ended up seeking investors to enable fund their tasks and made the decision to get a possibility by showing up on Shark Tank. Their special company piqued the desire of guest Shark comedian and actor Kevin Hart and billionaire Mark Cuban. 

(ABC/screenshot)

In the beginning, Manuel was hesitant to make a deal with Hart and Cuban mainly because he would have to give absent a important amount of the company’s fairness. He designed a counteroffer for a decrease fairness stake with a royalty clause. The Sharks had been not satisfied and pointed out to Manuel that they would achieve real income by way of motion picture or tv specials and model sponsorship. Hart also informed Manuel he provides a full ecosystem that can aid with output, animation, and advertising, and Cuban reported he would facilitate the technologies angle, according to Meaww.

In a nail-biting instant, Manuel eventually agreed to the Sharks’ give of $500,000 for a 30% fairness stake in his corporation and finalized the deal.  

Black Sands Entertainment focuses on inclusivity and educating persons on the many rich levels of Black heritage and society that go outside of the experience of enslavement and colonization.

In 2016, the corporation made comedian books, novels, children’s books, and animation influenced by African mythology. It also made black heroes surrounded by various storytelling that focuses on classic relatives values for people today of coloration. Black Sands is also cultivating unbiased artists and writers to publish their get the job done by means of them.  

To date, Black Sands Enjoyment has raised more than $2,000,000 from more than 5000 buyers from its fundraising strategies on WeFunder. The impartial business has joined forces with senior animators from Disney, Sony, Pixar, Bron, Amazon Studios, Nickelodeon, Rainmaker, etc. They receive 5 million impressions a thirty day period on social media web pages, have bought a lot more than 200,000 items, and are growing their manufacturer results with the Black Sands Publishing app introduced in May well 2021, reviews Black Female Nerds. 

 

 

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