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Hailey Bieber’s Rhode Sells for $1 Billion: What Every Founder Can Learn 

May 29, 2025

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Hailey Bieber just pulled off one of the biggest beauty deals of the year: her skincare brand, Rhode, has been acquired by e.l.f. Beauty for $1 billion. While it’s easy to focus on the celebrity headline, the real story is how Rhode’s smart, focused approach turned a small product line into a powerhouse brand in under three years. For women founders everywhere, Rhode’s journey is proof that intentional strategy and genuine community-building can lead to extraordinary results—no Hollywood connections required.

From Launch to Billion-Dollar Deal

Rhode debuted in 2022, entering the saturated skincare market with a minimalist collection and a laser-focused brand identity. In under three years, Rhode’s loyal customer base and founder-led strategy caught the attention of e.l.f. Beauty, culminating in a $1 billion acquisition.

Why did Rhode succeed?

  • A crystal-clear brand and product vision
  • Deep founder involvement and authenticity
  • Relentless focus on community and customer loyalty

What Hailey Got Right

Rhode’s success wasn’t just about celebrity. Hailey Bieber was more than the face—she was at the table for every decision. The brand launched with a minimalist line, each product designed for real skin concerns, not just trends. Rhode’s community-first approach, including waitlists and direct engagement, built a cult following long before the first Sephora shelf.

Key takeaways:

  • Minimalist, problem-solving product line
  • Founder visibility and hands-on leadership
  • Community-driven launch and ongoing engagement

The Power of Starting Small

Rhode began as a DTC-only brand, building its foundation online before expanding into retail. Only this year did Rhode enter Sephora stores in North America and the U.K. after its community was primed and ready.

Lesson for founders:
You don’t need national distribution on day one. Start where you are. Grow when your community is ready.

Simplicity Sells

With just a handful of hero products, Rhode proved that more isn’t always better. The brand scaled through consistency, results, and a fiercely loyal customer base—not flashy gimmicks or endless new launches.

The real strategy:
More SKUs isn’t the answer. Creating something people actually come back for is.

What This Means for You

  • Product-based? Lean into your signature offer—make it irresistible
  • Service-based? Package your expertise, or build passive income streams
  • Early-stage? Prioritize brand and trust before trying to scale
  • Established? Explore strategic partnerships, retail, or licensing

Ownership and equity strategies belong in every business—yes, even yours.

Why This Story Matters

Hailey Bieber had a platform, but Rhode’s win came from strategy and simplicity. Only 2% of venture capital goes to women founders. When one of us wins, we all learn—and we all rise. There is enough opportunity to go around. Always.

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Abby Pan