Besomebody Update Shark Tank

Besomebody App Update | Shark Tank Season 8

Kash Shaikh noticed that many people struggle to turn their passions into something more meaningful. To tackle this, he created Besomebody, an app that connects people with local experts for real, hands-on learning experiences. This way, users can pick up new skills while experts earn by sharing what they love. Let’s see how negotiations go for Kash in our Besomebody update and pitch recap.

SharkResult
Kevin O’LearyNo offer
Mark CubanNo offer
Barbara CorcoranNo offer
Robert HerjavecNo offer
Lori GreinerNo offer
Daymond JohnNo offer

Shark Tank Besomebody Pitch

Shark Tank Besomebody Update
  • Entrepreneur: Kash Shaikh
  • Business: Social experience marketplace
  • Ask: $1,000,000 for 10% equity
  • Result: No deal
  • Shark: None

Kash entered Shark Tank, bringing along Ninja Warrior star Travis Bruer, Bollywood dancers, and Olympic soccer champion Christine Lily to make a lasting impression.

He sought an investment to scale his operations, aiming to transform how people pursue their passions and monetize their skills.

Besomebody enables users to engage in hands-on experiential learning directly from experts, fostering a strong sense of community by bringing together like-minded individuals.

The service stands out as an innovative platform. It offers an alternative to traditional education and online courses.

Furthermore, the platform also supports personal growth and helps users turn their hobbies into potential career paths. Its flexibility allows learning at one’s own pace.

Kash explained that Besomebody takes a 20% cut from each experience booked through the app, with the average experience costing around $40.

He also mentioned that the hashtag #besomebody, which he had trademarked, had gained him a little above 5 million followers and that he had organized 2,000 meet-ups.

Despite the impressive pitch, the sharks quickly lost interest. Mark Cuban was the first to exit the negotiations after a heated exchange with Kash.

Barbara Corcoran followed, describing Kash as abrasive before declining to invest in his business.

Robert Herjavec admitted he didn’t understand the business model and opted out.

Lori Greiner dismissed Besomebody as just another app that was likely to fail.

Finally, Daymond John and Kevin O’Leary also declined to invest, citing liability concerns and Kash’s failure to convince the other sharks.

Ultimately, Kash left without a deal. In our Besomebody update, let’s see how he managed to steer his business.

Shark Tank Besomebody Update

Our Besomebody update found that shortly after airing, Kash sold the Besomebody app to Utivity Holdings in February 2017.

Unfortunately, the app was discontinued in January 2018 due to insufficient demand.

However, Kash shifted the company’s focus to job training and skill development, forging partnerships with major companies like Kroger and Microsoft.

This pivot proved successful, with Besomebody’s in-person training programs, known as Besomebody Paths, creating over 2,000 jobs across the country.

By 2019, our research on the Besomebody update found that they generated $20 million in annual revenue and earned recognition as one of America’s top private companies by Entrepreneur Magazine.

In April 2020, Kash launched BSB Group International to serve better an expanding roster of clients, including both Fortune 500 companies and startups.

Despite the challenges of the COVID-19 pandemic, BSB Group stepped up, offering free marketing services to Cincinnati businesses affected by the crisis.

In 2022, BSB Group continued to expand, introducing a sports division to help college athletes navigate new opportunities to profit from their names and images.

At the time of writing, the company has ventured into content creation with “The Besomebody Podcast” and announced plans for BSB TV, a digital channel dedicated to business growth.

Further, they have grown to around $20 to $25 million in annual revenue.

We can’t wait to bring you another exciting Besomebody update.

For more company updates from Shark Tank Season 8 Episode 7, be sure to check out the links below:

Before you go, check out our Shark Tank Season 8 page for more updates.

Website |  + posts

Andrew is a lifelong fan of Shark Tank and an entrepreneur at heart. He started Shark Tank Recap because he wanted a single place to track what happens to the companies, founders, and deals after they air on TV. With a sharp eye for business insights and a passion for all things Shark Tank, Andrew makes sure every recap is accurate, engaging, and fun.