Apart from being an outstanding comedian, Kevin Hart is also a successful entrepreneur who, as of 2023, has launched three companies. The public nevertheless saw him as an actor or stand-up comedian, not an entrepreneur, despite the fact that he founded and invested in a number of companies.
Hart appeared in two episodes during season 13 of Shark Tank. A clip of Jason Bateman went viral in which the actor questioned why Hart appeared on ABC’s Shark Tank. Hart has made investments in at least 35 companies so far, with The Transformation Factory and Snactiv receiving two particularly prominent ones.
Jason Bateman Was Curious about Kevin Hart’s Shark Tank Presence
Actor, comedian, and entrepreneur Kevin Hart was the guest shark at the Shark Tank Season 13, joining the show’s regular sharks panel — Lori Greiner, Barbara Corcoran, Kevin O’Leary, and Mark Cuban. Season 13 started on October 8, 2021, and ended on May 20, 2022.
And, then one video surfaced online where actor Jason Bateman asked why Kevin Hart was in the show. “Were you pitching something or judging?” Bateman asks during an episode of his podcast, SmartLess.
“What the f**k is that?” Hart replied, laughing in disbelief. “I was a shark. I’m Kevin Hart, b*tch! I’m not pitching an idea.”
According to Celebrity Net Worth, the actor has a net worth of $450million.
Kevin Hart’s Investment in The Transformation Factory
The only brand to have a deal on the season finale was The Transformation Factory. Kevin Hart and Mark Cuban’s joint offer of $600,000 topped out earlier offers from Kevin O’Leary and Barbara Corcoran.
The Transformation Factory is a black-owned and operated business founded by entrepreneur Alexiou Gibson.
The sharks were offered $500,000 for 5% equity when Alexiou Gibson entered the show with his company, Transformation Factory. Gibson tries to convince the Shark by sharing his story of losing weight. In a simple way, it explained its product to the shark.
Gibson asked the Sharks for assistance in getting his sea moss on the shelves of major retailers. Sea moss was a “culturally driven product,” as Hart explained to his fellow investors, and Gibson’s company could capitalize on its retail potential.
“I think a story behind the product makes a product that much better,” Hart said.
The business has been in operation for 11 months so far and has reached $3.5 million in lifetime sales.
Source: Instagram
