Kisstixx
DealPersonal Care and Cosmetics
Kisstixx, the personal care and cosmetics, landed on the national radar after pitching the sharks in Season 3, and convinced Mark Cuban to invest.
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From the show
The Shark Tank pitch
- $200K
- Asked for
- 20%
- Offered equity
- $1M
- Sought valuation
- $200K
- Deal amount
- 40%
- Deal equity
- $500K
- Deal valuation
Dallas Robinson and Mike Buonomo faced the sharks in Season 3, Episode 7 in the episode that aired March 2, 2012, bringing their Orem, UT business with them. Kisstixx, the personal care and cosmetics, pitched in the Fashion & Beauty category, one of 239 fashion & beauty businesses to brave the Tank across all 17 seasons.
They came in asking $200,000 in exchange for 20% equity, putting a $1M valuation on the business.
Mark Cuban made the deal at $200,000 for 40% equity. That priced the company at $500K, a haircut from the $1M the founders walked in asking for, which is how negotiations in the Tank usually go.
Across Season 3, 28 of 60 pitches ended in a handshake. In the Fashion & Beauty category overall, roughly 58% of pitches have landed a shark across the show's history.
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Frequently asked questions
Where can I buy Kisstixx?
Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.
Did Kisstixx get a deal on Shark Tank?
Yes. Kisstixx closed a deal for $200,000 in exchange for 40% equity, with Mark Cuban.
Which shark invested in Kisstixx?
Mark Cuban invested in Kisstixx ($200,000 total as aired).
What season of Shark Tank was Kisstixx on?
Kisstixx appeared in Season 3, Episode 7, which aired March 2, 2012.
How much was Kisstixx asking for on Shark Tank?
The founders asked for $200,000 for 20% of the company, a $1M valuation.
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