Morninghead Net Worth, Founder, Shark Tank Appearance, Latest Updates and Everything
Here’s Morninghead, a clever way to get rid of those pesky morning bedheads. Many of us start the day off badly when we wake up with hair that won’t stay in place, but Max Valverde, the creator of Morninghead, did something about it.
This new product, which looks like a shower cap, claims to make it easy and quick to style your hair in the morning without taking a full shower. Even though it made people laugh on Shark Tank, Morninghead has survived and continues to do well as a unique haircare product.
In this blog post, we’ll examine Morninghead’s history, from its humble beginnings to its current net worth in 2024. We’ll also go on a scary adventure to learn more about Morninghead and the man who made it happen.
Who is the founder of Morninghead?
Max Valverde moved to Rhode Island to get a bachelor’s degree in mechanical engineering at Brown University. He is from Park City, Utah. When he graduated in 2006, the world was open to him.
| Field | Details |
|---|---|
| Founder | Max Valverde |
| Founded | 2012 |
| Company Name | Morninghead |
| Location | Boston, MA |
| Product | Hair reviving cap |
| Appearance in Shark Tank | Shark Tank Season 5 |
| Asked for Investment | $25,000 for 20% equity |
| Finalized the Deal | No |
| Sharks | No |
| Business Status | Active |
| Net Worth (2024) | Estimated net worth of $200,000 |
Founder Success Story for Creating Morninghead
About a year after graduating, Max worked at Sika EMSEAL as an International Sales and Engineering Manager. He stayed in his career for more than six years. Max likes to do many things. He hikes or plays basketball after work. When he gets home, he showers and goes to bed. He usually wakes up with a mess of hair on his head.
What is Morninghead?
Valverde was sick of getting his hair wet in the sink and wouldn’t take another shower in the morning. So, the Bostonians came up with a new idea: Morninghead. If you fill it with water, you can use it on the go instead of in the shower. Just let your hair soak up the water. Since opening in 2012, the company has made $36,000 in 18 months.
https://www.instagram.com/morninghead/p/lYMR5oBJFg/
Morninghead Before Appearing in Shark Tank:
Morninghead was already making waves in the world of new haircare products before it made an unforgettable appearance on the hit TV show Shark Tank. Max Valverde started the company in 2012, and it got off to a simple but promising start. With a degree in mechanical engineering, Max was used to finding solutions to real-world issues. The idea for Morninghead came from his daily battle with bedhead hair.
In the beginning, Max ran Morninghead as a small business. The product blew away people sick of the same morning routines for controlling their wild hair. Morninghead was quick and easy to use because its uncomplicated design allowed people to spray water on their hair without a full shower. With a splash of water and a few seconds of massaging, its cloth-lined interior transformed my morning bedhead into hair that was easy to style and ready for the day.
Even though it was simple, Morninghead’s new way of taking care of hair in the morning was becoming popular. Just 18 months after its release, the product had already made $36,000 in sales, showing how popular it was with people who wanted an easy way to fix their hair problems. Max Valverde’s invention appealed to a market eager for new ideas, leading to the product’s journey into reality TV and eventual appearance on Shark Tank.
What happened to Morninghead in the Shark Tank?
A producer for Shark Tank contacted Max Valverde in 2014. At first, he was hesitant but agreed to pitch on the show. He was in the show’s fifth season and was looking for $25,000 for a 20% stake—as much as it should be for a product that could go viral!
Max walked into the tank with his hair all over the place and quickly showed everyone how it worked. When they heard the product’s name, the sharks laughed like schoolchildren. Max made a great pitch, but the Sharks laughed and made fun of the idea.
Even though Morninghead had sold 7,000 units in 42 countries, the Sharks didn’t think it was a good business idea. They acted like he wanted $500,000, even though the guy only asked for $25,000. Max went home empty-handed, which was sad.
Morninghead Status After Appearing in Shark Tank
After 8 years, the business continues despite not getting a deal. Although it hasn’t been an enormous hit, Amazon fulfillment runs the company most of the time. Max’s spouse also helps out. It won’t become a million-dollar business, but it’s a nice way to make extra money.
Max quit the startup to become the CEO of FareHarbor, a startup run by a friend. He became CEO after the company was bought by Booking.com in 2018. Max probably had enough stock in FareHarbor to turn into a millionaire.
While Morninghead’s social media is quiet, the album still sells well despite no promotion. You can only buy the item on their website and Amazon.
Morninghead Net Worth 2024:
Over 370 reviews on Amazon have given the one-of-a-kind shower caps an average rating of 3.3 stars. No new sales numbers have been released, but Morninghead is expected to bring in $50,000 annually. Right now, it is worth about $200,000.
Who are the competitors of Morninghead?
Other products are on the market besides Morninghead, even though it may be a niche item. New competitors, such as shower caps with special linings for quick hair styling or do-it-yourself kits, have emerged.
These products all claim to help with Morning Bedhead, but Morninghead has stood out and built a loyal customer base despite the competition.
Morninghead Latest Updates 2024:
In 2024, Morninghead seems to have found a stable way of life. Max Valverde may not have gotten the fame he was hoping for, but it still does what it’s supposed to do and makes a small amount of money. The company hasn’t been active on social media lately, which could mean that it’s now focusing on keeping its current customers by using Amazon and its website.
Is Morninghead still active?
Even though it didn’t get a deal on Shark Tank, Morninghead is still going strong in 2024. The company may not have become a huge hit, but it has found its place in the market and is helping people who have trouble getting rid of their bedhead hair in the morning.
Morninghead continues serving its customers and making money by having a presence on Amazon and its website.
Final Words:
Many people have business ideas, but not all turn into million-dollar hits. Max Valverde’s Morninghead is proof of this. Even though the Sharks on Shark Tank didn’t back it, it has found a niche and continues to be a valuable product for people who need to fix their hair quickly in the morning.
Max went from graduating with a mechanical engineering degree to starting Morninghead and becoming the CEO of a successful startup. This shows how entrepreneurial he is and how well he can adapt to the changing business world.
With an estimated net worth of $200,000 in 2024, Morninghead may not be a well-known brand, but it still shows how determined one person was to find a simple and effective way to solve a problem many people face daily.
Table of Contents