A college student turned entrepreneur recently turned down a $300,000 offer on “Shark Tank,” a decision he credits to trusting his gut. Kobe Harris, then a student at Loyola University Chicago, launched his lip balm company, Kobee’s, from his bedroom in 2019 while researching sustainability and bees for a college project, CNBC reported . With $200 from his mom, he ordered ingredients on Amazon and started experimenting with simple formulas, using beeswax, coconut oil, sunflower oil, and mango butter, according to CNBC. Kobee’s offerings now includes lotion, lip scrub, cuticle butter, and hand salve — all packaged in eco-friendly, compostable materials and priced from $5 to $42. The company primarily sells through Amazon and its direct-to-consumer website, and once generated $15,000 in sales in only a day. Appearing on the Nov. 1 episode of “Shark Tank,” Harris sought a $300,000 investment in exchange for 6% equity, looking for mentorship and support in scaling distribution. Kendra...

The visibility from “Shark Tank” led to remarkable growth for The Transformation Factory founder Alexiou Gibson. Gibson is behind the sea moss brand, which was inspired by his personal health journey that resulted in a 300 pound weight loss from taking the algae in his daily lattes, CNBC reports. “Like most teens, I believed that I was invincible,” Gibson shared on “Shark Tank.” “I thought I would be fine and had time to get healthy later. It wasn’t until my doctor told me that I wouldn’t live to see my 30th birthday that I understood how serious I needed to be about living.” Recognizing the great power of sea moss through his 10-year health battle, the company website notes, The Transformation Factory now sells various sea moss gels in flavors dragon fruit, pineapple, mango, and strawberry banana. View this post on Instagram A post shared by The Transformation Factory (@seamosstransformation) Gibson pitched his company while on “Shark Tank” in 2022 and scored a $600,000 deal from...

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...

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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.