Ep.23-Jump Series: 5 Billion Dollar Beauty Brand Exits Fundamental Principles
Description
In this episode of Jump Series, Rohit Banota, founder of Jump Accelerator and host of "What Beauty Founders Don't Know" Podcast uncovers fundamental principles underlying 5 billion dollar beauty brand exits
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Timestamps and Key Insights
01:29 .3-Introduction to exit fundamental principles vs. playbook
02:50 .0-K18 Hair $billion exit to Unilever in 2024
08:18 .0-Paula's Choice acquired by Unilever for $2B in 2021
12:58 .1-Dollar Shave Club bought by Unilever in 2019 for $1B
15:52 .9-IT Cosmetics acquired by L'Oreal in 2016 for $1.2B
18:46 .2-Too Faced acquired by Estee Lauder in 2016 for $1.45B
21:25 .8-Overall fundamental principles for all 5 billion dollar beauty brand exits
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