Lipstick Remix
DealPersonal Care and Cosmetics
Best known from its Shark Tank appearance, Lipstick Remix is a personal care and cosmetics in Season 1, and convinced Barbara Corcoran and Daymond John to invest.
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From the show
The Shark Tank pitch
- $105K
- Asked for
- 30%
- Offered equity
- $350K
- Sought valuation
- $105K
- Deal amount
- 50%
- Deal equity
- $210K
- Deal valuation
Jill Quilln walked into the Tank in Season 1, Episode 13 in the episode that aired January 29, 2010, bringing their Knoxville, TN business with them. Lipstick Remix, 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.
On the carpet, the number was $105,000 for a 30% stake, which valued the company at $350K.
Barbara Corcoran and Daymond John teamed up at $105,000 for 50% equity. That priced the company at $210K, a haircut from the $350K the founders walked in asking for, which is how negotiations in the Tank usually go.
Lipstick Remix was one of 64 businesses to pitch in Season 1, where 27 deals got done. 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 Lipstick Remix?
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 Lipstick Remix get a deal on Shark Tank?
Yes. Lipstick Remix closed a deal for $105,000 in exchange for 50% equity, with Barbara Corcoran and Daymond John.
Which shark invested in Lipstick Remix?
Barbara Corcoran and Daymond John invested in Lipstick Remix ($105,000 total as aired).
What season of Shark Tank was Lipstick Remix on?
Lipstick Remix appeared in Season 1, Episode 13, which aired January 29, 2010.
How much was Lipstick Remix asking for on Shark Tank?
The founders asked for $105,000 for 30% of the company, a $350K valuation.
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