Youth Foria Shark Tank Net Worth
Youthforia is a sustainable makeup line that was founded by Fiona Co Chan in 2021. The company had a lifetime of $2 million during the shark tank pitch.
Youthforia’s BYO Blush became viral on TikTok and has been a best-seller on Amazon.
Fiona appeared on Shark Tank Season 14 Episode 15 and asked the sharks for $400,000 for 5% equity at an $8 million valuation. She gave a demo to the sharks about her makeup products and also gave some products to test.
Fiona Co Chan pitched her brand on Shark Tank and got a deal with Mark Cuban for $400,000 for 8% equity giving an estimated net worth of an estimated $5 million.
BYO Blush is their top-selling product, with a 4.9 average rating. The publicity alone from Shark Tank will be huge for the company, which has now served over 70,000 customers and expects to surpass 100,000 soon.
What is Youth Foria?
Youthforia is a beauty brand that focuses on creating innovative makeup products that are not only effective but also good for your skin. They use only high-quality, cruelty-free ingredients in their products, and their formulas are designed to nourish and protect your skin. Their products are available online and in select stores across the United States.
Youthforia’s makeup range is unique in that it is designed to be worn while you sleep. This means that the products are formulated to be lightweight and non-comedogenic, so they won’t clog your pores or cause breakouts. They also contain skin-loving ingredients like hyaluronic acid and vitamin C, which help to hydrate and brighten your skin while you sleep.
The range includes products like the Youthforia Liquid Skin Tint, which provides a lightweight, natural-looking coverage that evens out your skin tone. It also contains SPF 30, which protects your skin from the harmful effects of the sun.
The Youthforia Eye Patches are another popular product, which are designed to reduce puffiness and dark circles around your eyes while you sleep.
What Happened To Youthforia At Shark Tank Pitch?
Fiona KO Chen is seeking a $400,000 investment for a 5% equity in her San Francisco-based company, Youth Foria. She has created bio-based makeup that is plant-based and does not contain any fossil fuels or liquid microplastics, making it safe for the skin and the planet.
The BYO blush is the company’s most popular product and is the world’s first color-changing blush that reacts to the skin’s pH to create the perfect shade.
Fiona demonstrated how the product works and mentioned that they have sold $2 million in their first year of operation through direct-to-consumer, Amazon, and wholesale channels. The sharks were impressed with the product and its potential and asked Fiona about her distribution strategy.
She shared that they are about to launch in Ulta and 13 Loon at JCPenney with a total of 609 doors. The sharks were interested in investing and exploring the possibilities of the business.
The Sharks express interest in her pitch, noting the high profit margins in the cosmetics industry and the innovative use of bio-based ingredients.
Fiona shares that her company has generated $2 million in lifetime sales and currently sells directly to
The Sharks seem impressed by her business diversification and express interest in making a deal. The video ends with the host indicating that he is in contact with Fiona’s team and hopes to have her on the show in the future.
Initially, Kevin offers a deal of $400,000, with $100,000 for 20% equity and any distribution, and $300,000 as a loan against purchase orders.
The speaker criticizes the offer, noting that it would crush the valuation. Later, Fiona explains that they are launching three additional shades, but the sharks are confused about whether it is shades or colors.
The sharks ultimately decide not to invest, with Mark pointing out that they shouldn’t always listen to their customers when they have a unique product. But Mark Cuban came back later with an offer.
Later after back and both negotiation with Kevin O’Leary, Fiona, secured a deal with Mark Cuban for $400,000 for 8% equity giving an estimated net worth an estimated $5 million.
What Happened To Youthforia After Shark Tank?
After getting a $400000 investment from Mark Cuban, the company has a bright future. Youthforia is a revolutionary beauty brand that could disrupt the beauty industry with its innovative and unique products.
The brand’s commitment to inclusivity and diversity, as well as its strong social media presence, has helped it gain a loyal following. We believe that Youthforia will continue to grow and innovate in the future, and we are excited to see what they will come up with next.
There are several reasons why Youthforia has become so popular in a short period of time. Firstly, the brand’s products are innovative and unique. The TikTok Lip Kit and Baby Bloomer are unlike any other makeup products on the market, and they have quickly gained a cult following.
Secondly, Youthforia is a brand that values inclusivity and diversity. The brand’s products are designed to be inclusive of all skin types and colors, and their marketing campaigns feature models of all ages and ethnicities.
Lastly, Youthforia has a strong social media presence. The brand has a large following on TikTok and Instagram, and they regularly engage with their followers by reposting user-generated content and responding to comments and messages.
How to Use Youthforia Makeup
Using Youthforia makeup is easy. Simply apply the products as you would with any other makeup brand, but keep in mind that they are designed to be worn overnight. This means that you don’t need to worry about washing them off before bed – just let them do their magic while you sleep.
Cost of Youthforia Makeup
The cost of Youthforia makeup is competitive with other high-end beauty brands. The Youthforia Liquid Skin Tint retails for $38, while the Youthforia Eye Patches cost $26 for a pack of six pairs.
