Jill Quillin had a big problem. She saw so much lipstick go to waste. The bottom of the tube held a lot of unused products. But there was no easy way to use it. She wanted to fix this problem. That is why she created Lipstix Remix. Her idea was simple. She made a kit that lets people melt old lipstick. They could mix colors and make brand-new shades. This helped people save money.
It also gave them a fun way to create something new. Jill believed her product could change the makeup world. She brought her idea to Shark Tank. She wanted help from the Sharks. She asked for $105000 for 30 percent of her company. The Sharks liked the idea. Will the entrepreneur get a deal on Shark Tank? Check out the Lipstix Remix update to find out!
In our Lipstix Remix Update research, After the show, Jill had some success. People loved the idea of saving old lipstick. Sales grew for a while. But things changed in 2013. Jill announced on Facebook that Lipstix Remix was shutting down. She did not say why. She just thanked her customers. People were sad to see it go. Fans shared messages of support. They loved the product. But Lipstix Remix did not last. The company is no longer in business today in 2024.
In terms of a Lipstix Remix Update, Jill did get a deal. But it was not what she first wanted. She asked for $105000 for 30 percent. The Sharks wanted more. After talks, Jill made a deal with three Sharks. Barbara Corcoran Daymond John and Kevin Harrington. They offered $105000 for 50 percent. Jill took the deal. But later the deal never happened. Even though she agreed on TV the investment did not go through.
Lipstix Remix net worth Shark Tank Update 2025
Jill was looking for an investment of $105k in exchange for 30% equity in the company. At the time of the episode, she valued her company at $350k. Jill successfully secured a deal with Barbara, Daymond, and Kevin for an investment of $105k for 50% equity in the company. The investment adjusted the company’s net worth to around $210k. After the show was aired, the company saw a big increase in website traffic, sales, and social media exposure. However, the deal never went through, and the business eventually shut down. As per my rough estimate, the current net worth of Lipstix Remix in 2024 is $0.
Jill Quillin loved makeup. But she hated waste. Every time she finished a lipstick tube she saw leftover lipstick at the bottom. She tried using brushes to scoop it out. It did not work well. She knew others had the same problem. She wanted a solution. That is how she came up with Lipstix Remix. She created a kit that melted old lipstick. People could pour it into new molds. It made fresh lipstick in new shapes and colors.
It saved money and let people be creative. But starting a business was hard. Jill had to test her product. She had to find a good way to make and sell it. She started by selling in malls. She set up a booth and sold 250 kits in 10 days. That showed her the product had demand. But she needed help to grow. That is why she went on Shark Tank.
Initial Pitch
Jill walked into Shark Tank full of hope. She explained her idea. She showed the Sharks how her kit worked. She melted old lipstick and made a new one in just 10 minutes. The Sharks watched closely. They liked the idea. Jill told them about her sales. She made over $6000 in 10 days at a mall booth. That was a good start. But she needed the Sharks to help her grow.
She asked for $105000 for 30 percent of her company. The Sharks thought about it. Some had doubts. Some saw potential. They started asking questions.
Queries About The Product
Kevin Harrington wanted to know about sales. He asked how many units Jill had sold. She told him about the mall sales. He was impressed. But he wanted to know if she had sold anywhere else. Jill said no. She was just starting. Robert Herjavec had a big concern. He said the product would be hard to sell without TV ads. He thought it needed big marketing. He did not want to invest. Kevin O’Leary liked the idea.
But he said he did not know enough about the makeup industry. He did not want to risk his money. That left only three Sharks. Barbara Corcoran Daymond John and Kevin Harrington. They liked the product. But they wanted to change the deal.
Shark’s Responses and Final Deal
Barbara Corcoran was the first to make an offer. She said she would give Jill $52500 for 15 percent. But there was a catch. Jill had to get another Shark to match it. That meant she needed two investors. Kevin Harrington liked that idea. He agreed to join Barbara. But he wanted 40 percent of the company. Daymond John also wanted to invest. But he made his own offer. He said he would give Jill $105000.
But he wanted 40 percent. This created a problem. Jill had two offers. But she had to give up a lot of her company. Daymond then made things more complicated. He suggested a solo deal. He said he could handle store sales. Kevin could handle TV sales. Jill had to think. The Sharks were arguing. Barbara did not like how the talks were going. She said she did not trust working with Daymond or Kevin.
That almost ended the deal. But then the three Sharks decided to work together. They made a new offer. They would all invest together. They would give Jill $105000 for 50 percent of the company. Jill thought about it. She wanted to grow her business. So she accepted. But in the end, the deal never went through.
What Went Wrong With Lipstix Remix On Shark Tank?
Not all the Sharks wanted to invest. Robert Herjavec thought the product was hard to sell. He did not think it would work in many stores. He said no. Kevin O’Leary liked the idea. But he did not know enough about the makeup industry. He also said no. That left only three Sharks. They made an offer. But it was not what Jill wanted. She had to give up half of her company.
She took the deal. But after the show the deal did not happen. Lipstix Remix did not grow the way she hoped. Sales did not last. By 2013 the company shut down.
Product Availability
Lipstix Remix was a kit. It helped people use old lipstick. The kit came with tools to melt and reshape lipstick. People could mix colors and create new shades. This saved money. It also lets them be creative. The product was fun and useful. Jill sold it online and at mall booths. But after 2013 it was no longer available. The company website shut down. No stores sell it today.
The product is not on Amazon or other shopping sites. Lipstix Remix is gone. People who love it can no longer buy it.
Conclusion
Jill Quillin had a great idea. Lipstix Remix helped people save money. It also lets them make new lipstick colors. She went on Shark Tank to get help. She made a deal with three Sharks. But the deal never happened. At first, sales grew. But in 2013 the company shut down. Lipstix Remix is no longer around. Fans of the product were sad. Jill thanked them for their support. Her business did not last. But her idea was creative and unique. That was the journey of Lipstix Remix.
Hey there, it’s Andaleb Youns. I am a freelance content writer and am currently pursuing a BS in English Language and Literature. I have expertise in writing Blog Posts, social media content, and copywriting. I know how it feels to be a student and still be dependent on parents to fulfill even basic daily needs. This realization became apparent while watching Shark Tank. Although I started watching this show out of boredom, it proved to be an inspirational show. The show made me realize the importance of hard work, being independent, and of having a business of my own. I still look forward to it for entertaining and inspirational content.
