Balm Chicky Balm Balm Net Worth 2024 Update (Before & After Shark Tank)

Balm Chicky Balm Balm Net Worth Update (Before & After Shark Tank)

Balm Chicky Balm Balm’s, net worth was $375,00 at the time of their pitch in 2016 based on the $75,000 offer for 20% of equity of the company. Balm Chicky Balm Balm,  a sharable lip balm, was founded by Liz Moskow and Abby Schwalb in 2008.

They appeared on Season 06 of Shark Tank USA in 2015. But the Sharks were not interested in investing in Balm Chicky Balm Balm. 

Sharks had mixed feelings about the product, and sales were not satisfactory for them, therefore none of them invested in this business. Following its appearance on the show, despite gaining some popularity, the owners could not continue the business. In 2016, they ceased operations. As of 2024, it is no longer an active business. 

Balm Chicky Balm Balm Net Worth

Net worth$375,000 (2015)
Annual Sales Revenue$17,000 (2014)
ProfitsNot available 
Lifetime salesNot available 
InvestorNone
InvestmentNone 
FoundersLiz Moskow and Abby Schwalb
Employees

Balm Chicky Balm Balm Net Worth Timeline

Net worth in 2024Out of business 
Net worth valuation in 2015 before appearing on Shark Tank  $375,000 (Business valuation)

Balm Chicky Balm Balm Pitch on Shark Tank

ProductA sharable lip balm
EpisodeSeason 06 Episode 17
Company nameBalm Chicky Balm Balm
FoundersLiz Moskow and Abby Schwalb
Asked for$75,000 offer for 20% equity
Final dealNo deal 
Shark No shark 
LocationPortland, Oregon

Don’t miss these products from Season 6

Balm Chicky Balm Balm Founder

Liz Moskow and Abby Schwalb founded Balm Chicky Balm Balm in 2018. Although Balm Chicky Balm Balm is no longer in business, both Liz and Abby successfully continue other career ventures. Liz is a Business advisor with years of experience, currently, she is Principal – Futurist at Bread & Circus Ltd- Future Food Advisory. Abby is a consultant at Changemaker Production. Balm Chicky Balm Balm’s founders Liz Moskow and Abby Schwalb’s net worth is unknown as of 2024. However, based on their business valuation they should have an approximate net worth above $375,000. 

Key accomplishments

YearAccomplishment
2015The company was featured in Shark Tank USA. 

Conclusion

Some companies that appear on the show have not achieved great success, and the Balm Chicky Balm Balm was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Balm Chicky Balm Balm went out of business in 2016 And the product is no longer available in the market.

Related Articles

Responses