Geek My Tree Net Worth
Geek My Tree Net Worth;- GeekMyTree is a business that creates vibrant Christmas tree lights called “Animated Glow Balls” that can be controlled through a free iOS or Android app. The initial concept was to bring the traditional Christmas Light show inside. Brad Boyink of Grand Haven, Michigan, the creator of GeekMyTree, presented the company on Shark Tank in 2015. He approached the Tank in search of a $225,000 investment in return for 25% ownership. He eventually took $225,000 from Kevin O’Leary in return for 50%.
GeekMyTree Shark Tank
GeekMyTree after spending many years as the trendiest home on the block during the Christmas season. It all began in 2006 with a meticulously choreographed light display outside his carefully adorned house. It grew in popularity and eventually drew over 70,000 visitors each year. Brad put the attraction to good use by turning his light display into a fundraiser for a variety of organisations, including the Special Olympics.
In 2013, he relocated from the neighborhood where he was renowned and brought the performance inside. He adorned his own tree with professional lights and documented the process through a YouTube video. He received such great feedback that he decided to attempt to develop Christmas Tree decorations that would enable anybody to produce an amazing display. He constructed a prototype and began displaying it. It combines Christmas tree lights with an app that allows for complete management of the display. He was contacted by Shark Tank producers in 2014 while attending a Christmas Expo in Mississippi. The time was not perfect, and he declined, only to be contacted again later. He accepted, so we’ll have to wait and see what happens.
Shark Tank Deal
Mark stepped in, inquiring as to the cost of each pair of dynamic light balls. Brad informed them that the price would be $299 for the basic model and $399 for the music-synchronized model. The Sharks seemed stunned and a bit concerned. Barbara’s mouth remained open for a full ten seconds. Brad then presented the Sharks with the components. Brad said that the pricing included the lights, 16 pre-programmed light patterns, the controller, and a mobile app for purchasing more designs. Kevin seemed to be worried. He said that a customer could get an LED screen for far less than what Brad was asking for his goods at a retail store.