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Well, many viewers are there who have been very curious to learn about the basic information about BeSomebody Net Worth, and you will be learning everything you want to know about BeSomebody. We have covered the essential information on BeSomebody and all the BeSomebody Shark Tank Update 2024.
Shark Tank is one of the most popular reality shows on American Television. It was first aired in the year 2009; since then, the show has been running, and viewers are not getting bored of watching it. Shark Tank has left a significant influence not only on entrepreneurs but also on other countries.
There is an Indian Version of Shark Tank, too, which is inspired by the American version.
As we know, Shark Tank always brings out the best of the entrepreneurs who want to make a deal with the Sharks and secure investment for their businesses.
BeSomebody is one of the Business Companies which came to Shark Tank to secure investment from the Sharks. It did capture the attention of many viewers as well as the Sharks, but did it secure the investment?
BeSomebody Net Worth Key Highlights
- BeSomebody was founded in 2014 in Austin, Texas, and offers educational and business services.
- The company’s primary product is its app, which provides experiential learning and helps users find their passion.
- BeSomebody Net Worth is estimated as $20 million and continues to grow and expand its offerings.
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What is BeSomebody?
BeSomebody is a startup company which was founded in Austin, Texas, in the year 2014. It’s basically an Educational and Business services industry. It provides services such as Experiential learning, Employer Branding, Business Services and Company Culture.
Kash Shaikh founded the company, and the other key person is Rick Shaikh, who is the CEO of BeSomebody. Kash Shaikh didn’t start his career by establishing BeSomebody; he used to be a Procter & Gamble and an employee of GoPro. He used this name for his blog, but things started to change for him as he started recognizing BeSomebody in his personal blog from 2011 onwards.
BeSomebody is a company which serves all areas worldwide. Its headquarters is located mainly at 917 Main St. #200, Cincinnati, Ohio, United States. Over the years, BeSomebody gained many achievements with losses, too. Let us now learn about the participation of BeSomebody in Shark Tank and the latest updates in 2024.
BeSomebody Participation in Shark Tank
Name | BeSomebody |
Founder | Kash Shaikh |
Business | Social experience marketplace |
Shark Tank Appearance | Season 8 |
Ask | $1,000,000 for 10% equity |
Result | No deal |
Business Model | Besomebody takes 20% of the cost whenever someone books an experience through the app |
Followers | 5 million followers at the time of Shark Tank appearance |
Post Shark Tank Update | In 2017, Kash sold the experience marketplace app to another Denver-based company before relocating and pivoting his focus towards providing people with the necessary skills to land jobs. This led Kash to partner with Fortune 500 companies like Kroger and Microsoft. |
Social Media | Instagram, X |
Kash Shaikh entered the territory of Shark Tank in the 8th season of it. Shaikh participated in the show on the 7th episode of Shark Tank. It was released on 4 November 2016.
Shaikh entered with such an iconic introduction and didn’t fail to grab the attention of the Sharks by showing the different types of experiences they can get from his platform. He stated that his company is seeking 1 Million Dollars for 10% of his company.
As Kash Shaikh started to pitch the sharks and shared the insights of his company, the sharks questioned him a lot related to many possibilities that could lead to ruining the company.
He gave them the idea of BeSomebody, but unfortunately, he couldn’t secure the investment money his company sought. All sharks were out, and they didn’t want to invest in his company as his pitch was not valid, and his company could lead to downfall too.
History of BeSomebody
BeSomebody was formed in 2009 to explore our passion and Be Somebody. The main motive of this company was to give an idea about ourselves and what we want; on top of it, what we are passionate about.
After the company was founded, it gained a good amount of followers, and their app was popular, but it was not up to the expectations. BeSomebody needed 1 Million Dollars for investment in the company.
This is the reason why the founder, Kash Shaikh, went to Shark Tank. He failed to get the desired amount, but his company didn’t fail to witness the Shark Tank Effect.
Over the years, BeSomebody has grown into a viral educational platform. We can also say Shaikh didn’t fail to protect his company and managed to make it very popular among people. Though the experience on Shark Tank was not that great, the aftermath was indeed something very beneficial for him and his company.
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What Happened to BeSomebody Before and After Shark Tank?
Before coming to Shark Tank, BeSomebody was not that popular among people. It was a good company from the beginning, but the customers were not that much as compared to the present day.
BeSomebody gained a lot of customers after coming to Shark Tank. It indeed failed to get the investment money from the Sharks, but it didn’t fail to gain the attention of the viewers after the release of the Shark Tank Episode.
After 2016, BeSomebody gained a lot as a company, and many people joined the app to find their passion. It also acquired many fields to expand the company and their ideas. Currently, people are showing their interest in BeSomebody, and they aren’t showing bad reactions after learning about it.
Did BeSomebody run out of Business? What is the reason behind this?
No, BeSomebody didn’t run out of Business after participating in Shark Tank. Kash Shaikh pitched the Sharks to invest in his company, but he couldn’t fulfil the desire for his company. His pitch was not up to par, according to the Sharks, and they didn’t find themselves right enough to invest in BeSomebody.
But the company didn’t fail in business. BeSomebody is still going strong, and the future of the company looks pretty bright.
Can we find products like BeSomebody in the market?
Online teaching is widespread now. Due to Lockdown, Online Teaching became the main topic among people. For students, online teaching became another source to nourish their careers.
So we can say that there are many platforms that suggest similar ideas like BeSomebody, but there is no company exactly like BeSomebody. Some of the competitors of BeSomebody are Switchboard and Project EVO, and there are more companies.
BeSomebody has its own features, merits and demerits. Moreover, it was established when there was not much scope for online teaching and support for our Passion. So we can state that BeSomebody is one of a kind in the market.
What’s the estimated Net Worth of BeSomebody?
According to the sources, the estimated BeSomebody Net Worth is 20 Million Dollars. As this is a business company, its primary source of income comes from the app and its strategies to provide knowledge and experience to people to find their passion.
The Net worth of BeSomebody has the possible potential to grow in the future. The company is already targeting the audience on a vast scale, and it has expanded its space to a greater level.
FAQS about BeSomebody
Who is the founder of BeSomebody?
Kash Shaikh is known as the founder of BeSomebody.
When was BeSomebody Founded?
It was founded in 2009.
Does BeSomebody have any official website?
Yes, the official website of BeSomebody is http://www.besomebody.com/
When did BeSomebody come to Shark Tank?
Kash Shaikh came to Shark Tank as the owner of BeSomebody on 4th November, 2016.