In a recent episode of Shark Tank, Keithan and Quiante Hendrick presented their innovative social media platform, Candi, to the panel of investors. Candi connects fans with their favorite influencers and celebrities, offering unique one-on-one Zoom calls for a truly personalized experience. Let’s take a closer look at what happened during their Shark Tank pitch, the deals they sought, and what people are saying about Candi.
Candi is a social media platform that allows users to connect with influencers and celebrities through one-on-one Zoom calls.
The platform features a diverse range of celebrities, including Sisqo, Tori Spelling, and Chaka Khan.
Calls on Candi can range from $30 to over $400, with the celebrity keeping 75% of their rate.
Keithan and Quiante Hendrick sought a $500,000 investment for 15% equity in Candi.
Candi did not secure a deal on Shark Tank, but the platform continues to evolve and introduce new features.
About Candi and How It Works
Candi is a social media platform that allows users to connect with influencers and celebrities through one-on-one Zoom calls. This unique platform provides an exclusive opportunity for fans to engage directly with their favorite public figures, creating memorable and personalized experiences.
Users can visit the Candi website and browse through a diverse range of celebrities and influencers from various fields, including sports, entrepreneurship, acting, and more. Whether you’re a die-hard fan or simply looking for an inspirational conversation, Candi offers a wide selection of personalities to choose from.
Once a user selects their desired celebrity, they can book a Zoom call for a specific time slot. The one-on-one nature of these calls allows for intimate and engaging conversations, creating a genuine connection between the fan and the celebrity.
Currently, Candi operates solely through its website, providing a seamless and user-friendly experience for its audience. However, the Candi team has plans to develop a dedicated app in the future, allowing users to access the platform more conveniently through their mobile devices.
The entrepreneurs behind Candi, Keithan and Quiante Hendrick, aimed to use the investment from Shark Tank to further enhance the platform’s features and reach. Their plans included app development, expanding marketing efforts, and hiring phone salespeople to drive growth and user acquisition.
Candi has become a go-to platform for fans seeking a unique and intimate connection with their favorite celebrities and influencers. With its user-friendly interface and diverse range of personalities, Candi continues to revolutionize the way fans interact with their idols.
The Shark Tank Pitch
During their pitch on Shark Tank, Keithan and Quiante Hendrick presented their social media platform, Candi, seeking a $500,000 investment for 15% equity. The entrepreneurs highlighted the success of their platform, which generated $100,000 in revenue since its launch in April 2020.
The primary objectives for the requested investment were:
Developing a dedicated app for Candi
Hiring phone salespeople
Enhancing marketing strategies
Keithan and Quiante saw potential in the app development, aiming to provide users with a more seamless and convenient experience. By introducing a dedicated app, Candi would be able to reach a broader audience and increase user engagement. Additionally, the entrepreneurs recognized the importance of effective marketing to drive user acquisition and retention.
The valuation of Candi, however, raised concerns among the Sharks. Despite the platform’s revenue-generating capabilities, the Sharks questioned whether the valuation aligned with the current market dynamics and the challenges associated with sustaining continuous growth in the highly competitive social media industry.
Ultimately, none of the Sharks were willing to invest in Candi, recognizing the risks and uncertainties surrounding its long-term sustainability. Although the pitch did not result in a deal, Keithan and Quiante Hendrick left the Shark Tank stage with valuable feedback and insights that could potentially shape the future direction of Candi.
Stay tuned for updates on Candi’s journey as the entrepreneurs navigate the world of app development, marketing, and scaling the platform.
Candi Shark Tank Update
Since appearing on Shark Tank, Candi has undergone notable developments and introduced exciting new features. Keithan Hendrick, one of the co-founders, has implemented a feature that allows business owners to connect with influencers for promotional purposes, expanding the platform’s functionality beyond personal fan interactions.
This new feature opens up opportunities for businesses to collaborate with influential individuals and leverage their reach and fan base. It presents a win-win situation, where business owners gain exposure and influencers can monetize their influence. This expansion of Candi’s services caters to the evolving needs of both content creators and brands.
Additionally, Candi has been actively expanding its roster of influencers and celebrities, ensuring a diverse and engaging user experience. Notably, the platform has welcomed influential personalities, including the esteemed Stormy Daniels, who brings her unique perspective and following to the platform.
The continuous development of Candi reflects the company’s commitment to growth and innovation. While the entrepreneurs behind Candi faced challenges in securing a deal on Shark Tank, they have persistently strived to enhance the platform’s features and appeal. By providing opportunities for both content creators and businesses, Candi remains at the forefront of connecting influencers and fans in an increasingly digital world.
The Sharks’ Feedback and Rejection
During the pitch for Candi on Shark Tank, the Sharks expressed their concerns about the valuation and scalability of the social media platform. Kevin Hart, in particular, believed it was too early for an investment and expressed dissatisfaction with the valuation. Mark Cuban and Mr. Wonderful also felt that the entrepreneurs asked for too much money. Lori Greiner and Barbara Corcoran echoed these concerns, ultimately leading to all the Sharks deciding not to invest in Candi.
“I think you’re asking for a lot of money for not very big sales,” remarked Mark Cuban.
“It’s a valuation of over $3 million, and with the sales and the growth, it just doesn’t make sense,” added Mr. Wonderful.
“I think you’re a little early to be here,” commented Kevin Hart, emphasizing the need for more traction and revenue.
This feedback shed light on the challenges faced by Keithan and Quiante Hendrick in a highly competitive market. Despite the rejection, the entrepreneurs have continued to pursue their vision and make strides in the development of Candi.
Comedian Kevin Hart Joins the Panel
Comedian and actor Kevin Hart made a memorable appearance on Shark Tank as a guest shark in episode 1312. This marked the first time in the show’s history that there were two Sharks named “Kevin” on the panel since season two. Hart, known for his comedic talents and successful career in the entertainment industry, brought a unique perspective as an entrepreneur and investor to the pitches presented during the episode.
Hart joined the other Sharks in evaluating four new businesses seeking investments. With his wealth of experience in the entertainment world, Hart offered valuable insights and guidance to the entrepreneurs vying for a deal. His presence added an extra layer of excitement and anticipation to the episode, as viewers eagerly awaited his reactions and feedback.
Throughout his guest appearance, Kevin Hart showcased his sharp business acumen and keen eye for innovative ideas. His feedback and questions challenged the entrepreneurs to think critically about their business models and strategies. Hart’s entrepreneurial success and industry expertise brought an extra level of credibility to the panel, further enhancing the show’s reputation as a platform for aspiring entrepreneurs seeking opportunities.
Kevin Hart’s guest appearance on Shark Tank served as an inspiration to both the aspiring entrepreneurs and viewers at home. His journey from stand-up comedy to Hollywood stardom, along with his various business ventures, exemplified the importance of taking risks and pursuing one’s passion. Hart’s presence added a unique dynamic to the episode, allowing for a diverse range of perspectives and expertise to guide entrepreneurs in their quest for success.
Kevin Hart’s episode on Shark Tank showcased the show’s ability to attract high-profile guest sharks who bring their own unique perspectives and experiences to the panel. As one of the most recognizable comedians and entertainers in the world, Hart’s presence further cemented Shark Tank’s reputation as a platform where aspiring entrepreneurs can connect with industry leaders and gain valuable insights to propel their businesses forward.
Keep reading to find out more about the other guest sharks in Season 13, along with updates on entrepreneurs who have appeared on Shark Tank in previous episodes.
Table 1: Guest Sharks in Season 13|
Comedian, actor, entrepreneur|
Founder and CEO of Good American and Skims|
British entrepreneur and investor|
Co-founder of Nextdoor|
Season 13 of Shark Tank
Season 13 of Shark Tank brought together the renowned panel of six original Sharks: Mark Cuban, Daymond John, Kevin O’Leary, Lori Greiner, Barbara Corcoran, and Robert Herjavec. The season also welcomed four guest Sharks: Kevin Hart, Emma Grede, Peter Jones, and Nirav Tolia. Throughout the season, a diverse group of entrepreneurs showcased their innovative businesses and ideas in the hopes of securing investments from these esteemed investors.
Each episode of Shark Tank Season 13 presented a captivating array of products and services, offering viewers valuable insights into the world of entrepreneurship and venture capital. From groundbreaking inventions to disruptive business models, the season featured a vibrant tapestry of entrepreneurial endeavors.
“Our goal is simple: to find the best innovators and create the next generation of icons,” said Mark Cuban, one of the original Sharks on the show.
The Season 13 of Shark Tank offered a unique platform for entrepreneurs to pitch their ideas, gain exposure, and potentially secure partnerships that could transform their businesses. As the episodes unfolded, viewers witnessed the intense negotiations, compelling pitches, and life-changing deals that epitomize the show’s essence.
Celebrity guest sharks added excitement and diversity to the panel.
One of the notable highlights of Season 13 was the inclusion of comedian and actor Kevin Hart as a guest shark. Known for his entrepreneurial spirit, Kevin Hart brought a fresh perspective and valuable insights to the panel. His presence spiced up the show, creating an engaging dynamic among the Sharks and contributing to the excitement of each episode.
Throughout the season, the combination of the original Sharks, guest Sharks, and aspiring entrepreneurs made Shark Tank Season 13 an incredible journey of discovery, innovation, and potential business success.
Updates on Shark Tank Entrepreneurs
The Shark Tank Blog is a valuable resource for staying updated on the progress and success of the entrepreneurs featured on the show. It provides frequent updates and follow-ups, giving viewers the opportunity to track the journeys of these ambitious individuals. While there may be limited updates available for Keithan and Quiante Hendrick, who appeared on the recent Candi Shark Tank episode, the blog continues to share new developments and success stories from other Shark Tank entrepreneurs.
“The Shark Tank Blog is a go-to for Shark Tank updates, success stories, and inspiring tales of entrepreneurship.”
Through the blog, viewers can learn about the latest achievements and milestones reached by Shark Tank entrepreneurs. Whether it’s an expansion into new markets, a successful product launch, or significant revenue growth, the blog highlights the ongoing success stories stemming from the show.
“Since appearing on Shark Tank, Simple Sugars has experienced a 600% increase in revenue and expanded its product line to include skincare for men.”|
“Nohbo, the eco-friendly shampoo ball, has secured partnerships with major retailers and is now available nationwide.”|
“Carolina Pad has grown into a successful stationery brand, offering a wide range of fashionable and functional products.”|
The Shark Tank Blog serves as a testament to the lasting impact of the show, showcasing the transformative power of entrepreneurship and the guidance provided by the Sharks. It is a valuable resource for those interested in the world of business, offering insights, inspiration, and success stories.
The Impact of Shark Tank
Shark Tank has revolutionized the entrepreneurial landscape, providing a unique platform for aspiring business owners to showcase their ideas to a panel of experienced investors. The show’s format of pitching to the Sharks has proven to be a life-changing opportunity for many entrepreneurs, propelling their businesses towards unprecedented success.
Securing investments from the Sharks has been a game-changer for numerous businesses featured on Shark Tank. The financial support and mentorship provided by the Sharks have enabled these entrepreneurs to experience exponential growth and achieve remarkable milestones. Many Shark Tank success stories have gone on to dominate their industries and amass substantial net worth, standing as testaments to the power of the show’s impact.
Even for entrepreneurs who do not secure investments on the show, appearing on Shark Tank brings significant benefits. The exposure gained from showcasing their products or services to millions of viewers often leads to increased brand recognition and opportunities for growth. Many contestants have reported a notable uptick in sales and customer inquiries following their appearance, propelling their businesses forward.
Q: What is Candi?
A: Candi is a social media platform that allows users to connect with influencers and celebrities through one-on-one Zoom calls.
Q: How does Candi work?
A: Users can visit the Candi website and select their desired celebrity for a personalized call experience. Currently, Candi operates solely through its website and does not have a dedicated app.
Q: Which celebrities are on Candi?
A: Candi features a diverse range of celebrities and influencers, including Sisqo, Tori Spelling, Chaka Khan, Stormy Daniels, and more.
Q: What was the outcome of Candi’s Shark Tank pitch?
A: Candi did not secure a deal on Shark Tank. The Sharks expressed concerns about the valuation and the potential challenges in maintaining the platform’s growth.
Q: Has Candi introduced any new features since appearing on Shark Tank?
A: Yes, Keithan Hendrick added a feature that allows business owners to connect with influencers for promotional purposes, expanding the platform’s functionality beyond personal fan interactions. Candi has also expanded its roster of influencers and celebrities.
Q: What was the feedback from the Sharks on Candi’s pitch?
A: The Sharks felt that the valuation was too high and that the entrepreneurs asked for too much money. Ultimately, none of the Sharks were willing to invest in Candi.
Q: Who was the guest shark on Candi’s Shark Tank episode?
A: Comedian and actor Kevin Hart joined the Shark Tank panel as a guest shark in episode 1312.
Q: Who are the regular Sharks in season 13 of Shark Tank?
A: The regular Sharks in season 13 of Shark Tank are Mark Cuban, Daymond John, Kevin O’Leary, Lori Greiner, Barbara Corcoran, and Robert Herjavec.
Q: Where can I find updates on Candi and other entrepreneurs from Shark Tank?
A: You can find updates on Candi and other Shark Tank entrepreneurs on the Shark Tank Blog.
Q: What is the impact of Shark Tank on entrepreneurs?
A: Shark Tank has had a significant impact on the entrepreneurial landscape, providing a platform for aspiring business owners to showcase their ideas to a panel of experienced investors. While not all businesses receive investments, the exposure from appearing on Shark Tank often leads to increased brand recognition and opportunities for growth.