Geek My Tree Shark Tank Update| Geek My Tree after Shark Tank
What is Geek My Tree?
Geek My Tree, founded by Brad Buyink of Grand Haven, Michigan, creates multicolored Christmas tree lights that can be controlled by a mobile app.
The company’s original idea was to bring traditional outdoor light shows inside, and it began with a coordinated light display at Brad’s home in 2006.
The display gained popularity and attracted over 70,000 visitors annually, and Brad used it to raise money for various causes, such as the Special Olympics.
Who is the founder of Geek My Tree?
Brad Buyink founded Geek My Tree after years of decorating his home with a coordinated light show.
He started by decorating his own Christmas tree with professional lights and uploading a video on YouTube, which received a positive response.
He then created a prototype for a Christmas tree decoration that allows anyone to put on an amazing performance, incorporating lights with a smartphone app to manage the display.
Geek My Tree is designed for 6-8 foot Christmas trees, and the lights can be configured in various patterns and even synchronized to music.
They are high-quality and expensive, but the LED components last up to 50,000 hours. Buyink also has plans for lights that incorporate coordinated music, window displays, and other holidays.
What Happened to Geek My Tree at Shark Tank pitch?
Brad Buyink presented his company idea to Shark Tank investors in hopes of obtaining assistance in expanding his business to larger markets.
He offered $225,000 for a 25% stake in his company, which was valued at $900,000.
The company’s concept involved updating Christmas tree lights by creating an indoor light display that mimicked the excitement and pleasure of an outdoor display.
The next phase of the company was to provide whole musical sequences with the lights.
However, the Sharks were not interested in the company due to the high cost of the lights. Brad argued that the cost was high due to limited production runs, but the Sharks were not convinced.
Kevin O’Leary was interested in the company, but only if he could have a 50% stake for $225,000. Brad countered with a 40% stake for $225,000, but Kevin declined.
Eventually, Brad struck a deal with Kevin O’Leary for $225,000 and a 50% stake in the company.
What Happened to Geek My Tree after Shark Tank?
Brad Buyink and Kevin O’Leary were successful in selling their products for a couple of years, but the company is no longer in operation and their items are not available for purchase.
Their website and social media accounts were also changed in 2020 and no longer have links to purchase the products.
Competitors of Geek My Tree
The company had two main competitors. These are Novelty Lights and BulbHead.
Net Worth of Geek My Tree
The company was valued at $900,000 during the pitch, after the investment done by Kevin O’ Leary, the company valued at $450,000. Since the company is no longer in operation the net worth is unknown.
Geek My Tree FAQs
What is Geek My Tree?
Geek My Tree is the company that produces multicolored Christmas tree lights (“Animated Glow Balls”) that may be controlled by a free iOS or Android app.
Who is the founder?
Brad Boyink founded the company in late 2012 after taking the concept from his home to an outdoor light show.
How much was asking on Shark Tank?
Brad Boyink wanted $225,000 for a 25% stake in his company.
Did he have the deal?
Yes, he received a deal from Kevin O’ Leary of $225,000 for 50% stake of the business.
Is Geek My Tree still in business?
No. The company is no longer in operation since they moved away from Shark Tank in 2018.
How much was Geek My Tree Worth?
The net worth of Geek My Tree has remained to be unknown. The company was valued at $900,000 during the pitch episode of Shark Tank, but there is no record of the sale on their website.
How long has Geek My Tree been in operation?
The company’s first year of existence was 2013, but it also has existed before that time.
Where is the headquarters?
The headquarters is located in Grand Haven, Michigan. The city was picked because it’s flat and sunny most of the year.
What is the price of Geek My Tree?
The price ranges from $399 for an 80-light set and $599 for a 160-light set.
How many Christmas trees have been decorated with Geek My Tree lights?
Geek My Tree has been used on over 50,000 Christmas trees since its inception.
Is Geek My Tree safe for investment?
The company is no longer in operation, so it is not safe for an investment.
What makes Geek My Tree lights special?
Geek My Tree lights are immediately ready to plug in and sync with their product app. There are few lights with a rechargeable battery. Each Animated Glow Ball is equipped with two full-spectrum LED lights that provide 360-degree illumination in every visible hue
Is Geek My Tree planning to resume?
No. The company is no longer in operation and no longer making lights.
How was the business model of Geek My Tree?
The business model is a physical manifestation of their invention for the retail market. Customers can select the sequence of colors and then create their own patterns on their website.
Once the pattern is created, it’s immediately ready to plug in and sync with their product app.
What is the net worth of Brad Buyink?
Brad Buyink net worth is unknown.