What Happened To Richualist After Shark Tank?
Richualist After Shark Tank Update: Richualist Company founder Dawn Myers asked the Sharks for $250k for 10% equity after appearing on Shark Tank. This company has created a hair tool for black women called The Mint.
Myers is an entrepreneur. In January 2018, she started a company called The Most which sells curly hair care products. She was looking for a natural way to take care of her hair but the process takes time. To solve this problem he created The Mint Hair Care Tool.
What Is Richualist?
Richualist is a hair care company that created The Mint hair tool for black women. This tool helps in easily applying curl cream to the hair and it is also very easy to use. In this, you can heat any curl cream and apply it to the hair. The price of this product is $298 and you can buy it from the company’s website.
Who Is The Founder Of Richualist?
The Founder and CEO of the Richualist Company is Dawn Myers. She is also a cancer survivor. Apart from this, she is a part-time lecturer at Carnegie Mellon University.
Richualist Shark Tank Update
| Company Name | Richualist | |
| Founder | Dawn Myers | |
| Founded | 2022 | |
| Product | The Mint Hair Care Tool | |
| Asked For | $150k for 10% equity | |
| Final Deal | $150k for 15% equity + 5% Advisory shares | |
| Shark | Mark Cuban Emma Grede | |
| Episode (Shark Tank USA) | S15 E19 | |
| Air Date | April 5th, 2024 | |
| Business Status | In Business | |
| Richualist Net Worth | $0.3M *estimated | |
| Headquarters | Washington, District of Columbia, USA | |
| Richualist Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This: What Happened To Splash Swim Goggles After Shark Tank?
Richualist On Shark Tank Pitch
Co-founder Dawn Myers entered Shark Tank and asked the sharks for $150k for 10% equity. She explained to the sharks about his product and told them about the specialty of the product.
After explaining the product they talk about her background and company’s sells. kevin said that this business is not for him so he is out. Lori said that she is not very familiar with this type of business so she is also out.
Robert said this business is very risky so he cannot invest in this business so he is out. After givbing some advice Emma and Mark offered $150k for 20% equity. But Dawn said for the future raising she cannot give 20% equity. She countered $150k for 15% equity.
Mark and Emma again offered $150k for 15% equity + 5% Advisory shares. dawn accepted this offer.
What Is Richualist’s Net Worth?
Richualist’s net worth is estimated at $0.3 million. Every year between 35k and 45k companies apply for Shark Tank but only 120 can pitch. Out of 120 companies, only a few get funding and even few of these become successful.
Is Richualist Still In Business?
Yes, Richualist is still in business as of April 2024.
Myers was very excited to go on Shark Tank, she said on her LinkedIn profile. For this business, she needs a very good partner who can help in marketing.
The official address of this company is Washington, District of Columbia, United States.
FAQs
Richualist was founded by Dawn Myers.
Richualist’s net worth is estimated at $0.3 million.
Yes, Richualist is still in business as of April 2024.
Table of Contents
