LipStix ReMiX, a lipstick repair kit, was started by Jill Quillin in 2009. LipStix ReMiX net worth was $210,000 in 2010 based on the Shark Tank deal.
In 2010 they appeared on season 01 of Shark Tank USA and made a deal with Kevin Harrington, Barbara Corcoran, and Daymond John, $105,000 for 50% of equity.
LipStix ReMiX is no longer in business. The company closed its doors in 2013, after a successful run on Shark Tank. The founder, Jill Zarin, never publicly explained why she decided to close the business, but it is speculated that she may have been struggling to keep up with demand or that she was unable to find a suitable investor.
LipStix ReMiX Net Worth
|Net worth||$210,000 (2010)|
|Annual Sales Revenue||$1 million (2010)|
|Investor||Kevin Harrington, Barbara Corcoran, and Daymond John|
LipStix ReMiX Net Worth Timeline
|Net Worth 2023||–|
|Net Worth 2022||–|
|Net worth valuation 2010 after appearing on Shark Tank||$210,000|
|Net worth valuation 2010 before appearing on Shark Tank||$350,000|
LipStix ReMiX Pitch on Shark Tank
|Company name||LipStix ReMiX|
|Product||Lipstick repair kit|
|Episode||Season 01 Episode 13|
|Asked for||$105,000 for 30% Equity|
|Final deal||$105,000 for 50% Equity|
|Sharks||Kevin Harrington, Barbara Corcoran, and Daymond John|
Don’t miss these product from Season 01
LipStix ReMiX Founder
Jill Quillin found LipStix ReMiX in 2009. Jill was a successful entrepreneur with a passion for beauty and cosmetics. She was also a frugal shopper, and she hated wasting money on lipstick that she didn’t use. The networth of LipStix ReMiX’s founder, Jill Quillin,is unknown as of 2023.
|2009||Appeared on Shark Tank season 01 and Kevin Harrington, Barbara Corcoran, and Daymond John invested $105,000 for 50% equity|
|2011||LipStix ReMiX wins the “Best New Product” award from the American Beauty Association.|
|2012||LipStix ReMiX is featured in Forbes magazine as one of the “10 Best Beauty Products for Women on the Go.”|
Some companies that appear on the show have not achieved great success, and the LipStix ReMiX 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, LipStix ReMiX went out of business in 2013. And the product is no longer available in the market.