Black Sands Entertainment Shark Tank Update

Black Sands Entertainment Shark Tank Pitch

Geiszel Godoy, Manual Godoy, and Teunis De Raat appeared on Shark Tank Season 13, Episode 10, which aired on January 6, 2022, with Culturally diverse comics, animations, and other media.

Black Sands Entertainment is listed in the Media Entertainment category. In plain terms, the business is described as Culturally diverse comics, animations, and other media.

Black Sands Entertainment asked the Sharks for $500,000 for 5%, implying a valuation of about $10 million.

On the show, Black Sands Entertainment made a listed deal with Mark Cuban for $500,000 for 30%.

If treated as straight equity, the listed deal works out to about $1.7 million implied valuation, down from the original $10 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Black Sands Entertainment After Shark Tank

Black Sands Entertainment accepted a $500,000 on-air offer, giving the comic and animation company investor backing for a much larger media ambition. (Black Sands Entertainment Shark Tank Update

Follow-up coverage put lifetime sales around $2 million as of 2021, which showed meaningful audience demand before any TV or film adaptation. (Black Sands Entertainment Shark Tank Update

The long-term plan remained franchise expansion, including possible television and feature-film projects around the Black Sands universe. (Black Sands Entertainment Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches