Shark Tank Update
Shark Tank Pitch
Lipstix Remix Shark Tank Update
Published:
1m
Knoxville, TN
| Name | LipStix ReMix |
|---|---|
| Main Presenters | Jill Quillin |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 1/1/2013 |
| Main Location | Knoxville, TN Loading Map |
| Order Shown in Episode | 1 |
| Final Deal | Deal was made on the show with sharks Daymond John, Kevin Harrington, Barbara Corcoran for $105k for 50% of Company, but it fell through after the show. |
LipStix ReMix Shark Tank Pitch
Jill Quillin created a way to combine the remanence of used lipsticks into one new lipstick with her product, LipStix ReMix. It saves money, it's fun to do, and in barbara's words nothing is more exciting than a new lipstick.
Jill had put a year and $100k into developing the product. She set up a table in the mall for ten days at Christmas and sold $6k worth of LipStix ReMix.
Barbara only shows half interest, and Daymond and Kevin Harrington are interested and find they complement each other well and will do the deal together with or without Barbara, which bothers Barbara, but she eventually joins.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $105k for 30% of Company | |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Offered | Daymond John | $105k for 40% of Company |
| Sharks | Offered | Barbara Corcoran, Kevin Harrington | $105k for 40% of Company |
| Sharks | Deal Never Closed | Daymond John, Kevin Harrington, Barbara Corcoran | $105k for 50% of Company |
Kevin Harrington
Deal Never Closed
Daymond John
Deal Never Closed
Kevin O'Leary
Out
Barbara Corcoran
Deal Never Closed
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
LipStix ReMix After Shark Tank
According to seoaves.com https://seoaves.com/lipstix-remix-shark-tank-update, the deal with the sharks never closed. LipStix ReMix did well for a few years.Link Preview
seoaves.com
Jill Quillin left her position with the company in 2011 and, in 2013, announced they would no longer be selling the product without any explanation, which you can see on her latest Tweet here @lipstixremix https://x.com/lipstixremix. There might have been an issue with the supplier.Link Preview
@lipstixremix
Jill still holds the patent.
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