Hair Ties For Guys Shark Tank Net Worth (Before and After Shark Tank)

The Longhairs, a men’s grooming club, made waves on Season 09 of Shark Tank with their innovative hair accessories for men. Their appearance on the show led to a successful partnership with Mark Cuban and a significant boost in their net worth. Let’s take a closer look at their journey and how their Shark Tank success transformed their business.

Key Takeaways:

• The Longhairs’ net worth before Shark Tank was $950,000, but it dropped to $500,000 after their appearance on the show.
• As of September 2023, The Longhairs’ net worth is an impressive $2.5 million.
• They offer a range of hair ties and other hair accessories specifically designed for men.
• Mark Cuban invested $100,000 for 20% equity in The Longhairs, propelling their growth and success.
• The Longhairs founders, Lindsay Barto and Chris Healy, impressed the Sharks with their sales numbers and unique product offerings.

The Longhairs Net Worth Timeline

The Longhairs, the men’s grooming brand that appeared on Shark Tank, has experienced significant growth in net worth over the years. After their appearance on the show in 2018, their valuation dropped from an initial estimate of $950,000 to $500,000.

However, the company’s net worth quickly rebounded and continued to climb. By 2020, it had reached $1.98 million and then reached the $2 million mark in 2021. As of September 2023, The Longhairs’ net worth stands at an impressive $2.5 million.

This remarkable increase in net worth can be attributed in part to the investment they received from Mark Cuban on Shark Tank. The $100,000 investment for a 20% equity stake played a crucial role in their growth and success.

Net Worth Timeline

Year	Net Worth
2018	$500,000
2020	$1.98 million
2021	$2 million
September 2023	$2.5 million

The Longhairs’ net worth timeline showcases their impressive growth and highlights the impact of their Shark Tank investment. With a net worth of $2.5 million, the company has firmly established itself as a successful player in the men’s grooming industry.

Disclaimer: The information provided in this article is based on publicly available data as of September 2023. The Longhairs’ net worth may vary over time.

The Longhairs Pitch on Shark Tank

The Longhairs, founded by Lindsay Barto and Chris Healy, had the opportunity to showcase their men’s grooming products on Season 09 of Shark Tank. With their unique line of hair ties and accessories for men, they entered the Tank seeking a $95,000 investment for 10% equity, valuing their company at $950,000. Their pitch impressed the Sharks, particularly Mark Cuban, who made an offer of $100,000 for 20% equity. The Longhairs ultimately accepted the deal, setting the stage for their entrepreneurial success.

During their pitch, Barto and Healy highlighted their impressive sales numbers, which contributed to the Sharks’ interest in their business. In their first year, they generated $25,000 in revenue, and by 2017, their sales had reached $85,000. These figures demonstrated the market demand for their products and the potential for growth. Additionally, their expertise in digital marketing and their ability to cultivate a community of men with long hair were key factors in securing the investment.

The Longhairs’ appearance on Shark Tank was a turning point for their brand. The partnership with Mark Cuban not only provided them with the necessary funding but also gave them access to valuable resources and mentorship. This collaboration powered their growth and allowed them to expand their product line to include shampoo and conditioner. By addressing the specific grooming needs of men with long hair and building a supportive community, The Longhairs have established themselves as leaders in the industry.

	Before Shark Tank	After Shark Tank	As of September 2023
Net Worth Valuation	$950,000	$500,000	$2.5 million
Equity	N/A	N/A	N/A
Annual Revenue	N/A	N/A	$550,000

The Longhairs Founders and Key Accomplishments

Let me introduce you to the brilliant minds behind The Longhairs – Lindsay Barto and Chris Healy. These two individuals, driven by their passion for long hair, founded the company in 2014 with a vision to provide men with grooming products specifically designed for their luscious locks.

Starting off as a blog and YouTube channel, Lindsay and Chris shared their expertise, offering invaluable tips and resources for men embracing their long hair journey. Their dedication to building a supportive community was evident from the start, attracting a loyal following of like-minded individuals.

The breakthrough moment for The Longhairs came when they appeared on Shark Tank and captivated the Sharks with their unique product offerings and impressive sales figures. With an initial valuation of $950,000, Lindsay and Chris pitched for $95,000 in exchange for 10% equity. However, it was Mark Cuban who saw the potential and offered $100,000 for a 20% stake in the company, a deal they eagerly accepted.

Since then, Lindsay and Chris have achieved remarkable accomplishments. In their first two years, they surpassed $100,000 in sales and expanded their product line to include essentials like shampoo and conditioner. Their dedication to understanding and serving their target audience has made them a trusted name in the industry and a go-to brand for men with long hair.