True Beauty Ventures’ Cristina Nuñez: 'We want to be relationship builders'

True Beauty Ventures’ Cristina Nuñez: 'We want to be relationship builders'

As the barrier to founding a beauty brand is lower than ever, there is also more opportunity to spot the next big thing earlier in brands' life cycles. Private equity firm True Beauty Ventures "was really born out of a frustration ... and being restricted on the types of businesses [we] could invest in," said TBV co-founder and general partner Cristina Nuñez on the latest episode of the Glossy Beauty Podcast. Nuñez, the former gm and COO of Clark's Botanicals, had been approached by her co-founder, Rich Gersten, about building a beauty- and wellness-specific firm that could invest at the earliest stage. "[Prior, Rich] couldn't invest in any brand without a minimum check of $10 [million] or $20 million," she said. True Beauty Ventures' sweet spot is between the $1 million and $3 million check size, and it has the goal of further supporting brands with more capital as they grow. Since founding True Beauty Ventures at the height of the pandemic, Nuñez and Gersten have invested in emerging brands like K18, Maude and Crown Affair, and best-in-class brands further along in their journey like Moon Juice.

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Helen Steed gives an inside look at packaging for Glossier, Merit and Rhode

Helen Steed gives an inside look at packaging for Glossier, Merit and Rhode

The Glossy Beauty Podcast is back with its second of three deep dives into beauty packaging. Today, our guest is Helen Steed, a veteran in the field, whose resume includes a 10-year stint leading crea...

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Sephora welcomes Gen Alpha shoppers with brands designed for them

Sephora welcomes Gen Alpha shoppers with brands designed for them

On this week’s episode of “The Glossy Beauty Podcast,” co-hosts Sara Spruch-Feiner and Lexy Lebsack dive into one of beauty’s buzziest topics: Gen Alpha’s rapid emergence as consumers in their own rig...

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Amazon bets on K-Beauty, Ulta Beauty embraces Squishmallows, and 3 Glossy Pop Award winners share their campaign success secrets

What does it take for a beauty campaign or brand to cut through the noise in 2025?  Our second-annual Glossy Pop Awards is one place where our team recognizes the best and most culturally relevant be...

2 Okt 202551min

Executive coach Angela Bennet shares her top 3 tips for execs, plus industry news 

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Executive coach Angela Bennett knows a thing or two about the unique needs of beauty and wellness industry leaders. She spent more than two decades working across L’Oréal and Estee Lauder brands like ...

25 Sep 202552min

Olive & June's Sarah Gibson Tuttle on life after acquisition: You have to 'focus on the consumer obsessively'

Olive & June's Sarah Gibson Tuttle on life after acquisition: You have to 'focus on the consumer obsessively'

After starting as a brick-and-mortar nail salon in Los Angeles in 2013, Olive & June closed up shop in 2020, with founder and CEO Sarah Gibson Tuttle pivoting her focus to DIY manis. By November 2024,...

18 Sep 202552min

L’Oréal tech leader Guive Balooch on what’s driving beauty innovation today, plus industry news

L’Oréal tech leader Guive Balooch on what’s driving beauty innovation today, plus industry news

When it comes to innovation in the beauty industry, few wield more power and influence than Guive Balooch, L’Oréal Group’s longtime tech leader.  “In the last three or four years, [we’ve seen] this i...

11 Sep 202547min

Reinventing a heritage beauty brand with Borghese COO Dawn Hilarczyk — plus, industry news

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What does it take to successfully reinvent a heritage beauty brand? Industry veteran Dawn Hilarczyk is on a mission to completely transform Borghese, the 68-year-old heritage brand famous for its Ita...

4 Sep 202551min

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