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Today, Daymond John is one of the "sharks" on Shark Tank. In 1992, he mortgaged his house to found the fashion line FUBU. What does the acronym "FUBU" stand for?

1) For Us By Us
2) Fashion United By Us
3) Forever United By Us
4) Fashionable Urban Brand United

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Final answer:

The acronym "FUBU" stands for "For Us By Us". It represents a clothing line founded by Daymond John, one of the 'sharks' on Shark Tank.

Step-by-step explanation:

Daymond John founded the fashion line FUBU in 1992. The acronym FUBU stands for "For Us By Us." This motto represented the brand's focus on creating fashion that resonated with the African American community, asserting that the products were made by people within the community for the community itself. It was an assertion of self-representation and empowerment within the fashion industry.

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