Black Sands Entertainment Net Worth
Black Sands Entertainment net worth is a publishing company that creates comic books that focus on African American culture. Their works are highly praised and have attracted a lot of attention. The three entrepreneurs behind the business, Manuel Godoy, Geiszel Godoy, and Teunis De Raat, invented it in 2016. They are married military veterans with backgrounds in fashion design, military administration, and animation. They also have a partner with more than 25 years of experience in the industry.
The couple was motivated to start the company because they wanted to improve how we learn about history. They believe that our current narrative tends to be too oriented toward the slavery experience and not enough on the wealth of our ancestors’ rich cultural legacy. Their main product is The Second Kingdom, which is about an ancient African kingdom and the young boy who will rule it in the future. They publish comics, graphic novels, chapter books, DVDs, and picture books.
When the husband and wife duo appeared on Shark Tank, their pitch piqued the interest of guest Shark comedian and actor Kevin Hart and billionaire Mark Cuban. They asked for $500,000 in exchange for a 5% stake in their company, which specializes in historical fantasy tales about people of color. They said that they’d use the money to grow their company and eventually make an animated series based on their stories.
They also showed the Sharks a teaser for an animated movie that they’re working on. The entrepreneurs argued that their company is different from other publishing companies in the same niche because it offers characters with real historical context. They also argued that their work is more relevant than ever in our current climate of rising racial tensions.
After the episode aired, sales of Black Sands Entertainment comics increased nationwide. The company’s popularity rose as a result of its appearance on the show and its commitment to empowering the African-American community. As of now, Black Sands Entertainment is a profitable and growing company that plans to develop a number of new titles for its comic book line.
The three entrepreneurs departed the Shark Tank with an investment deal from both Hart and Cuban. The terms of the deal are currently being evaluated through due diligence. As of January 2022, Black Sands Entertainment is still in operation and has not released its annual revenue. However, the company has similar business models to other firms such as Immortal Chapters Entertainment, LLC, Lavishsloan Entertainment, Nuarc Concepts Inc., and Donna Lee. Despite this, it’s difficult to estimate the company’s value as its annual revenues have not been disclosed publicly. However, it’s safe to say that the Black Sands Entertainment is one of the largest black-owned publishing companies in the country.