Dragons’ Den TrackerWhat Happened to LippiStix After Dragons’ Den?
LippiStix appeared on Dragons’ Den in 2005, Series 2 Episode 1. The business was a small brush designed to fit into all brands of lipstick tubes. No deal was made — the Dragons decided not to invest. The company was dissolved in 2007.
The Pitch
Teresa Strong walked into the Den in 2005 with a small brush designed to fit into all brands of lipstick tubes. They were asking for N/A.
Despite their best efforts, the pitch didn’t convince the Dragons to open their wallets.
The Deal
No deal was made. The Dragons weren’t persuaded to invest, and Teresa Strong left the Den without backing.
What Happened After the Show
LippiStix did not survive long-term. The company was dissolved in 2007, only 2 years after the Den appearance.
This is not an unusual outcome. The majority of businesses that appear on Dragons’ Den, deal or no deal, don’t make it in the long run. The show can provide a platform and capital, but it can’t substitute for a sustainable business model.
Is LippiStix Still in Business?
No. LippiStix is no longer in business. Based on available records, the company is dissolved (2007).
Related Companies
If you’re curious about other businesses from the same episode, you might also want to look at Square Mile, RakaStaka, The Big O, The Magic Roundabout. Each has its own story of what happened after the Den.
