Shark Tank Season 16 welcomed Rashaun Williams for the second time as the guest shark in episode 5 who was accompanied by the permanent sharks Mark, Barbara, Kevin, and Lori. Episode 5 witnessed some innovative and promising businesses that enticed the sharks to invest and bring their expertise to the table.
In episode 5, four deals made it to the highlights and won over sharks' deals. ChompShop, Chalkless, Creator Camp, and Y'all Sweet Tea impressed the sharks with their strong growth potential and vision. Out of these four deals, Rashaun Willimas locked in two deals and invested around $450,000 in collaboration with Lori Grenier and Kevin O'Leary.
Rashaun Williams invested in Chalkless, a product created by Greg Pope and James Pidhurney, designed to enhance athletes' grip and boost their performance. He and Kevin O'Leary jointly invested $400,000 for a 4% stake plus in addition to royalties.
Rashaun locked another deal with a beverage company based in Alabama called Y'all Sweet Tea, founded by Darien Craig and Brandon Nichols with Lori for $500,000 for 15% equity. They provide a tea package that includes cookware, ground coffee, and different spices for making tea.
Shark Tank's Rashaun Williams opens up about his experience as a "Guest Shark"
Rashaun Williams, a financial literacy advocate, a venture capitalist, Atlanta Falcons limited partner, also serves as a guest shark on season 16 of Shark Tank. Apart from his busy schedule monitoring investments and imparting financial guidance, Rashaun spends his time as a reality TV personality judging the products and investing in potential entrepreneurs.
Rashaun William joined Shark Tank in 2024, Season 16 as the guest shark and brought his "new outlook, good looks, and personality", as mentioned by the Venture Capitalist himself before the premiere of the show. Apart from investing in products and ideas, Rashaun Williams imparts his time and money to educate people about financial adequacies.
Before appearing in Shark Tank's latest episode as the guest investor, he joined Chicago ABC7 and shared his journey from a Chicago boy to a big-shot Investor. He talked about his school days, how his mother inspired him to be who he is today, and also his ideology behind providing financial literacy to people.
Rashaun then shared his thoughts about being on Shark Tank as one of the investors and how it felt to judge a business proposition. He said:
"The Shark Tank experience is so amazing in so many different ways. As a professional investor, the only thing I am good at is investing. So, to go on a platform, where I can take my skill set and teach people all across the country how to become a good investor and a good founder is amazing. "
He further shared his thoughts on the competitive yet amicable bond that all the sharks share and how fighting over a pitch freaks him out during the shoe. He said:
"But then the other sharks are so funny, hilarious, witty, and smart, that I am not used to competing professionally on stage with seven other people to win investments. That's the part that freaks you out. So, you kind of know their moves, as you are competing with them. So, you laughing between the pitches but during the pitch, I am trying to win."
Trending
Shark Tank Season 16 will air episode 6 on November 22, 2024, on ABC at 8/7c.
Reply
