✓ Got a deal Out of business Season 3, Ep. 7 💄 Fashion & Beauty

Kisstixx on Shark Tank

Kisstixx is a lip balm sold in pairs of complementary flavors designed to combine into a new flavor when two people kiss. It targets couples and is often bought as a playful gift.

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⏱ Kisstixx in 30 seconds

The ask$200K for 20%Valued at $1M
In the tankDeal: $200K for 40%With Mark
After the showNot confirmedNo public record either way
TodayClosedFounder Bradon Robinson shut the business down in 2018.

Kisstixx Shark Tank deal

Asked for: $200,000 for 20%
Asking valuation: $1M
Result: Deal
Final deal: $200,000 for 40%
Deal valuation: $500K
Shark: Mark Cuban
Founders: Dallas Robinson and Mike Buonomo
From: Orem, UT
Aired: Mar 2, 2012

Asked

$1M

Got

$500K

Would you have invested in Kisstixx?

The pitch

Dallas Robinson and Mike Buonomo from Orem, UT pitched Kisstixx in Shark Tank Season 3, Episode 7 (aired Mar 2, 2012). They asked for $200,000 in exchange for 20% equity, valuing the business at $1M. The entrepreneurs walked away with a deal from Mark Cuban: $200,000 for 40%. That put the final valuation at $500K, 50% below what they originally asked for.