Tania Speaks, the founder of a skincare brand, Tania Speaks Organic Skincare appeared on Shark Tank episode 12 of season 13 in 2022. Speaks pitched her products before the panel with the motive of getting $400K in exchange for 10% of her company stakes.
During her presentation before Mark Cuban, Lori Greiner, Kevin O'Leary, Barbara Corcoran, and Daymond John, Speaks introduced her organic beauty products. Her journey from being bullied back in school to having a million dollars worth of business not only impressed the investors but also made them emotional on national TV.
It has been two years since the company appeared on the show and ever since, it has gone through its fair share of ups and downs. Let's find out how is Tania Speaks Organic Skincare doing in 2024.
What happened with Tania Speaks Organic Skincare after
Shark Tank
After locking a deal on Shark Tank, Tania Speaks Organic Skincare has been able to make a lifetime sales of $5 million, as of August 2024. However, the company hasn't been active on any social media platform ever since its appearance on the show.
Though the company received great feedback from customers in 2022, the next year didn't seem so great as customers posted negative reviews about neither receiving their orders nor a refund.
Also, the company is not listed in the list of Mark Cuban's investments available on his website. Some have speculated that the deal might not have made it past the tank.
Tania Speaks Organic Skincare on Shark Tank Season 13 Episode 12
On January 21, 2022, Tania Speaks, a fashion designer from Los Angeles presented her easy-to-use organic line of skincare and made an ask of $400,000 in exchange for 10% of her company.
During her pitch, Speaks reveals how her star product, 'The Original Organic Eyebrow Gel' was a result of constant bullying at an early age for her bushy earbrows. She further revealed her company made $700K in 2021, which blew every shark's mind away.
While Daymond John complimented that Speaks might be sitting next to the sharks in a few years, O'Leary said he won't be a qualified spokesperson, it was Mark Cuban who decided to take the chance and make an offer.
Mark Cuban invested $400,000 for 15% stakes
The negotiation between Speaks and Shark Tank investors began with an ask for $400,000 in exchange for 10% shares. Cuban countered the deal and made an offer of the same sum but for 20% company stakes.
What started with 10% finally sealed the deal at $400K for 15% of company stakes. Shark Tank investor revealed the reason why he wanted to be a part of Speaks' journey:
“I saw my daughters — and my son, for that matter — in her,” he said. “If I can get her to connect to my kids, that’s more important than the money involved.”
“I want [my daughters] to meet you, and I want them to learn from you. Maybe you’ll even learn something from them,” he said.
The Shark Tank legend further talked about his teenage girls (13 and 17) and how he would like Speaks to meet them and inspire them with her story.
Mark Cuban invested $400K for 15% shares in Tania Speaks Organic Skincare on season 13 episode 12 of Shark Tank.