Few businesses in “Shark Tank” history have checked off all the boxes quite like Mad Rabbit Tattoo.
The entrepreneur explained that he viewed petroleum jelly as an “outdated and unhealthy” ingredient.
“We ordered ingredients from Amazon and local apothecaries and began experimenting with different formulations,” Zak explained.
The co-founder continued, “Our first product was an all-natural tattoo balm made with seven natural ingredients.”
The orders started pouring in within a couple of days, and so, Mad Rabbit was born.
Needless to say, the Sharks were impressed by the young entrepreneurs and their phenomenal business instincts.
Their 8-month sales for their sole product, their tattoo balm, amounted to an impressive $1.7 million.
It was only after Agbitor and Zak accepted the offer that Cuban regrettably conceded he had been too generous.
They had grown their product base from their hero product to seven tattoo aftercare products.
They had also landed a deal with Inked Magazine.
I admire that foresight and ingenuity and am excited about the company’s future."
By March 2023, Mad Rabbit had grown to a $56 million company.
