The pitch
What walked into the Den
Shobana Thangarajah grew Glam Galaxy, a cosmetics brand, out of the Toronto area, turning a side hustle into a retail presence.
The brand appeared in Season 18, which aired in 2023, asking for $150,000 for a 30% stake. That put an implied value of $500,000 on the cosmetics line.
After the show
What happened next
The deal landed at $150,000 for 50 percent, with the investing Dragon passing half of that stake to a third partner he planned to bring in, which left Shobana Thangarajah at 50 percent.
The products are widely available. A July 23, 2026 check found a working online shop, and the brand's own site points to Walmart.ca as an additional retail channel.
Our read
The Hub verdict
Thirty percent for $150,000 prices the cosmetics brand at just $500,000, and a large slice for a small cheque usually means the founder is buying retail reach more than capital. The Dragon took that logic further, offering the $150,000 for half the company and then passing half of his own stake to a third partner he planned to bring in, leaving the founder at 50 percent. That is a deal built to install an operating partner rather than just an investor. The retail footprint since, including a national big-box channel, suggests the reach turned up.
Half the company for $150,000, with a partner attached
