The Mad Optimist
DealCustomizable vegan soap and body care products
The Mad Optimist appeared on Shark Tank in Season 11.
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From the show
The Shark Tank pitch
- $60K
- Asked for
- 10%
- Offered equity
- $600K
- Sought valuation
- $60K
- On-air deal amount
- 20%
- Deal equity
- $300K
- Implied equity valuation
Mohamed M. Mandi, Mohamed A. Mandi, and Anthony Duncan presented The Mad Optimist in Season 11, Episode 24. The episode aired May 15, 2020.
The ask was $60,000 for 10% of the company, an implied valuation of $600K.
The Mad Optimist reached a recorded on-air agreement with Mark Cuban for $60,000 and 20% equity. The record lists a $300K implied deal valuation, compared with the $600K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
The index records 63 accepted on-air deals among 96 Season 11 pitches. Across 72 health & wellness pitches with known outcomes in the index, 60% are recorded as accepted deals.
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Frequently asked questions
Where can I buy The Mad Optimist?
We have not verified a current official store or active Amazon listing for The Mad Optimist. The product may be discontinued or sold under a different name.
Did The Mad Optimist get a deal on Shark Tank?
The Mad Optimist reached a recorded on-air agreement with Mark Cuban for $60,000 and 20% equity. The record lists a $300K implied deal valuation, compared with the $600K requested valuation. These are the reported on-air terms, not confirmation that funding was completed.
Which shark made an on-air offer to The Mad Optimist?
Mark Cuban appears in the recorded on-air terms for The Mad Optimist. The deal answer above gives the recorded structure.
What season of Shark Tank was The Mad Optimist on?
The Mad Optimist appeared in Season 11, Episode 24, which aired May 15, 2020.
How much was The Mad Optimist asking for on Shark Tank?
The founders asked for $60,000 for 10% of the company, a $600K valuation.
Shark Tank Index may earn a commission on purchases made through links on this page. Deal figures reflect what aired; terms sometimes change after the show.
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