The Lip Bar
No DealPersonal Care and Cosmetics
The Lip Bar, the personal care and cosmetics, landed on the national radar after pitching the sharks in Season 6, where it won fans even without landing a deal.
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Shark Tank products move fast. Names change, packaging changes, and some sell out or get discontinued. The Amazon button checks live price and availability for The Lip Bar.
From the show
The Shark Tank pitch
- $125K
- Asked for
- 20%
- Offered equity
- $625K
- Sought valuation
Melissa Butler and Rosco Spears faced the sharks in Season 6, Episode 18 in the episode that aired February 6, 2015, bringing their New York, NY business with them. The Lip Bar, 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 $125,000 in exchange for 20% equity, putting a $625K valuation on the business.
The Lip Bar couldn't land an offer the founders would take, and the pitch ended without a deal. History says that's survivable: several of the show's biggest success stories left the Tank empty-handed.
Across Season 6, 66 of 116 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 The Lip Bar?
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 The Lip Bar get a deal on Shark Tank?
No. The Lip Bar pitched the sharks but left Season 6 without a deal.
What season of Shark Tank was The Lip Bar on?
The Lip Bar appeared in Season 6, Episode 18, which aired February 6, 2015.
How much was The Lip Bar asking for on Shark Tank?
The founders asked for $125,000 for 20% of the company, a $625K valuation.
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