GeekMyTree Shark Tank Update

GeekMyTree Shark Tank Pitch

Brad Boyink appeared on Shark Tank Season 7, Episode 11, which aired on December 10, 2015, with Animated, app-controlled christmas tree lights.

GeekMyTree is listed in the Software Tech category. In plain terms, the business is described as Animated, app-controlled christmas tree lights.

GeekMyTree asked the Sharks for $225,000 for 25%, implying a valuation of about $900,000.

On the show, GeekMyTree made a listed deal with Kevin O'Leary for $225,000 for 50%.

If treated as straight equity, the listed deal works out to about $450,000 implied valuation, down from the original $900,000 implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

GeekMyTree After Shark Tank

GeekMyTree accepted Kevin O'Leary's on-air offer for $225,000 for 50%, and Shark Tank Blog reports that the deal closed. (GeekMyTree Shark Tank Blog update

The product sold well for a year or two after Shark Tank, but the high hardware price and seasonal demand made the business difficult to sustain long term. (GeekMyTree Shark Tank Blog update

During its active run, GeekMyTree tried to broaden beyond its original animated Christmas-tree lights with lower-cost products, Geek Lights 2.0, Geek My Window, and other holiday-light display formats. (GeekMyTree Shark Tank Recap update

Brad Boyink shut the company down in 2018, with follow-up reporting citing knock-off competitors, tariffs, and patent-related legal pressure as major factors. (GeekMyTree Shark Tank Blog update

After the shutdown, Boyink moved on professionally; Shark Tank Recap lists him as a vice president at Magic Meal Corporation, a software company serving school food-service programs. (GeekMyTree Shark Tank Recap update

Sources

Sources used for this page: Shark Tank API pitches