The Mad Optimist

Customizable vegan soap and body care products

The Mad OptimistDidn't CloseHealth & Wellnessby Mohamed M. Mandi, Mohamed A. Mandi, and Anthony DuncanS11E24

Pitch Details

Season / Episode

S11E24

May 15, 2020

Ask

$60,000

for 10%

Ask Valuation

$600,000

Deal

$60,000

for 20%

Watch the Pitch

Deal Terms

Amount$60,000
Equity20%
Valuation$300,000
Mark CubanMark Cuban

What Happened Next

Deal Fell Through

Deal with Mark Cuban reportedly never closed per Shark Tank Blog

Operating

$1M

reported

  • On-air deal with Mark Cuban never closed
  • Only $97K in sales at time of pitch; $21K from custom products
  • $1M annual revenue by 2024

Get updates on The Mad Optimist