Modern Twist CEO – Kat Nouri
Founded in 2005, Modern Twist is a Silicone-based Baby and Kids products company. The company has been named one of the best in the business, and the CEO is Kat Nouri, the Founder of Stasher. The products are reusable and durable. The company produces a number of silicone items such as bibs, coasters, and placemats.
In addition to the aforementioned Yeezy sneakers, Nouri’s most prominent accomplishment is a patented self-sealing closure for his Stasher food storage bag. The product won the Red Dot Design Award and Inc. Magazine named it as one of the seven best products of 2016. The company’s website states that the product is “the newest, most effective, and most efficient way to store and transport all your essentials.”
Currently, Nouri’s company has grown from five employees to over 35. The business is based in Emeryville, CA, and recently signed a deal to sell its products in TARGET stores. The premise is simple. The product is a reusable, durable food storage bag that can be used thousands of times. It is available in three sizes. It can be purchased for between $12 and $20 per bag. The company has also been awarded a B corporation certification.
Nouri claims that his company is the largest in the industry. In fact, he estimates that his company will generate over $100 million in revenue in the next four years. The company’s website lists several awards, including an international housewares show. Previously, Nouri has been a marketing and technology professional for IBM and semiconductor manufacturing company. He has also tapped into his creative side by learning about ceramics and floral design. He also has a bachelor’s degree in psychology from The University of California, Berkeley.
Upon leaving the semiconductor business, Nouri decided to pursue a more entrepreneurial endeavor. He decided to make the most of his skill set by starting his own business, a Silicone-based baby and kids products company. The company has been named one the best in the business and the product has made headlines around the world. The company has been awarded a number of notable awards, such as the best in the business award from ABC’s Shark Tank and the TED (teach-in-exchange) awards. The company has recently partnered with TARGET, and plans to expand its distribution throughout the country. Nouri’s products can be purchased in more than a dozen countries, and are shipped worldwide.
The best part of the story is that the competition on Shark Tank is fierce. The competition is made up of contestants who have found a product that meets a need in the marketplace. During one episode, one of the contestants, Rohan Oza, was intrigued by Nouri’s offer for a 5% stake in his company for $400,000, with a $400,000 credit line to fulfill larger orders. However, the shark was hesitant to invest in Nouri’s offer, citing the price. Nouri was able to convince him that her offer was a good deal.
It may seem that Nouri’s net worth is modest. But it’s hard to argue with the amount of recognition he has earned, the fact that he has been featured in major publications and has a presence on social media.