Shark Tank’s Newest Double-Shark Deal Two College Founders Built a $50M

How two college athletes turned a personal setback into a $50 million startup and landed a double-Shark deal on Shark Tank.

Liya Shanawas
BRCE
BRCE on Shark Tank (Image Credit: ABC)

What do you do when the thing you love becomes the thing that stops you? For Tanvi Gadamsetti and Madhav Aggarwal, the answer was not recovery alone. Both former athletes, they found themselves confronting injuries that forced them away from competition and into reflection.

What began as frustration with being sidelined slowly evolved into a larger question: why does so much performance and safety gear still leave room for failure?

The co-founders of BRCE sit at an unusual intersection of youth, ambition, and engineering. They are students at Michigan State University, founders of a company valued at $50 million, and recipients of a double-Shark deal on Shark Tank.

Yet when they speak about their journey, it rarely begins with valuations or investors. It begins with a problem that felt personal.

In many ways, BRCE is a company born from dissatisfaction. Not the kind that seeks disruption for its own sake, but the kind that emerges when lived experience reveals a gap others have overlooked. Their answer came through patented polymer composites designed to improve performance and safety gear.The company’s first breakthrough product was unexpectedly simple: shoelaces.

The founders describe them as “laces that never quit,” engineered specifically never to come untied. It is the kind of invention that sounds obvious only after someone has already built it. Beneath the simplicity sits a deeper philosophy of how small failures often create larger consequences.

On Sacrifice and the Things Left Behind

Entrepreneurship often arrives wrapped in stories of freedom and success. Less frequently discussed are the quiet things that get left behind along the way.

When I listen to Tanvi describe building BRCE, I find myself thinking less about startups and more about tradeoffs. The company grew while she was still in college, a period many people associate with spontaneity, exploration, and social life. Yet her experience unfolded differently.

“There’s never gonna be a perfect time to start something,” she explains.

The statement feels deceptively simple. Behind it sits a collection of missed parties, fewer evenings with friends, and a willingness to exchange immediate experiences for a long-term vision. Success, at least in BRCE’s story, does not appear glamorous. It appears intentional.

There is a tendency to view sacrifice as dramatic, but often it is ordinary. It is choosing one thing repeatedly while other opportunities quietly pass by. For Tanvi and Madhav, momentum required exactly that.

The Urgency of Beginning

Elsewhere in the conversation, Madhav reflects on the company’s earliest days. His recollection is remarkably uncomplicated.

“We started the day we thought of starting.”

The statement feels almost rebellious in an era obsessed with preparation. Many aspiring founders spend years waiting for ideal circumstances, i.e., more experience, more capital, and more certainty. The perfect moment becomes a moving target.

BRCE’s trajectory suggests something different.

The founders did not possess every answer when they began. What they had was conviction. They believed the problem mattered enough to pursue immediately. The process of building would teach them everything else.

There is a particular energy that accompanies early action. It creates momentum before doubt has time to settle in. Looking back at BRCE’s rise, it is difficult not to wonder how different the story might have been had they decided to wait until graduation.

Perhaps the company’s greatest competitive advantage was not technology alone. Perhaps it was simply beginning.

When a Dream Becomes a Test

For many entrepreneurs, Shark Tank exists somewhere between aspiration and mythology. It is a stage where preparation meets unpredictability, and confidence is tested in real time.

For Tanvi and Madhav, appearing on the show had long been a dream.

They prepared obsessively. Every possible question was considered. Every detail was rehearsed. Yet when the moment finally arrived, preparation collided with reality.

Madhav admits that as they received the cue to walk onto the stage, something unexpected happened.

“We forgot everything. Our minds went blank.”

It is perhaps the most relatable moment in their story.

The experience speaks to a broader truth about pressure. We often imagine successful people moving through important moments with complete certainty. Reality is rarely so neat. Sometimes preparation exists alongside panic. Excitement coexists with fear.

The founders walked onto the stage anyway.

Fear and Forward Motion

What interests me most about BRCE’s Shark Tank appearance is not the deal itself, but what happened immediately before it.

The fear.

There is a common misconception that confidence arrives before action. Yet many meaningful opportunities seem to operate in reverse. Action comes first. Confidence catches up later.

For Tanvi and Madhav, the nerves did not disappear before the pitch began. They simply continued moving despite them. The outcome was a double-Shark deal and another milestone in a rapidly growing company.

But the lesson feels larger than television.

Fear, in this context, becomes evidence rather than an obstacle. It suggests that the moment matters. That there is something worth risking embarrassment, rejection, or failure for.

The founders did not wait to feel ready. They stepped forward anyway.

More Than a Startup Story

At first glance, BRCE appears to be a story about innovation, investment, and growth. It is certainly all of those things. Yet the narrative feels incomplete when reduced to business metrics alone.

The company exists because two athletes experienced setbacks and chose curiosity over frustration. It grew because its founders were willing to sacrifice comfort for momentum. It accelerated because they acted before certainty arrived. And it reached national attention because they learned to move through fear rather than around it.

The shoelaces that launched BRCE are designed not to come undone.

There is something fitting about that.

Because when I think about Tanvi Gadamsetti and Madhav Aggarwal’s journey, I find myself returning to the same idea. Beneath the contracts, the Shark Tank appearance, and the $50 million valuation is a simple commitment to staying tied to a vision long enough to see where it leads.

Perhaps that is what entrepreneurship often looks like in practice. Not grand declarations or perfect confidence, but persistence. The willingness to keep moving when circumstances suggest otherwise.

And sometimes, that willingness is enough to transform a college project into a company that refuses to slow down.

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Liya Shanawas is a writer, editor, and brand strategist whose work has appeared in major publications, including The New York Times, HuffPost, Vogue, InStyle, Khaleej Times, and HelloGiggles. She previously served as a features editor at Dua Lipa’s editorial platform Service95 and has written widely on culture, fashion, business, and lifestyle. With a background in journalism, storytelling, and brand strategy, Liya writes about business, culture, and innovation, bringing clarity and perspective to modern ideas and emerging trends.
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