ENTREPRENEURSHIP

Professional Or Personal?: Entrepreneurs On Whether Beauty Treatments Should Go On The Company Card

Some of the most eye-popping nuggets from the lawsuit filed on March 4 by former Thirteen Lune investors Relevance Ventures and Beauty Generations Fund against Thirteen Lune co-founder Nyakio Grieco, new ownership SNR Capital and others involve Grieco’s spending on the company’s American Express card between June and July 2024, including $13,000 …
Rachel Brown·April 15, 2025·2 min read
The 30-second read
Some of the most eye-popping nuggets from the lawsuit filed on March 4 by former Thirteen Lune investors Relevance Ventures and Beauty Generations Fund against Thirteen Lune co-founder Nyakio Grieco, new ownership SNR Capital and others involve Grieco’s spending on the company’s American Express card between June and July 2024, including $13,000 in cellulite treatments at DMH Aesthetics, $8,700 in Amazon shopping and streaming, and over $15,000 for a family spring break trip.

The lawsuit accuses Grieco of embezzlement, but she adamantly denies embezzling from Thirteen Lune and points out the expenses were approved by former management. In a statement, her lawyer, Jeremy Stamelman, a partner at the firm Keller Anderle Scolnick, says the lawsuit “is a frivolous attempt to malign her and others. Plaintiffs’ allegations are focused largely on company finances that were managed by the former CEO, Patrick Herning, whose name is notably missing from the March 2025 complaint.”

This story, however, isn’t about Thirteen Lune’s legal troubles, but about the expenses beauty entrepreneurs and executives charge to their companies. Beauty treatments, for example, are somewhat of a gray area that can’t be deducted if they’re routine, but can be if they’re directly tied to a job at hand. The idea for the story comes from a sharp question asked by Sarah Shapiro, a writer for the publication Puck, in her coverage of the suit, “What constitutes a legitimate business expense for a retail startup founder?”

Elaborating on Shapiro’s coverage, for the latest edition of our ongoing series posing questions relevant to indie beauty, we asked 10 beauty executives and entrepreneurs the following questions: What’s your stance on putting beauty treatments and other personal care maintenance–related expenses on your company? Do you think similarly about Amazon shopping and trips? As a person involved in a beauty company, how do you view the role of your appearance and tending to it?

The players

5 mentioned
Brand

Thirteen Lune

Brand

AS Beauty

Founded2019
HQNew York, New York, United States
Revenue Range$150M+
Retailer

Thirteen Lune

TypeSpecialty Retail
Retailer

Amazon

Investor

SNR Capital

TypePrivate Equity
Portfolio
Highlights
Thirteen Lune
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