Shark Tank: GeekMyTree Lights Up the Tank, Accepts Deal From Kevin O’Leary for $225,000

through Erica Abbott December eleven, 2015

December eleven, 2015

allsharktankproducts.com

allsharktankproducts.com

First into the tank for a special vacation-themed episode of “Shark Tank” is GeekMyTree in search of $ 225,000 for 25 percent equity.

The product seeks to make Christmas trees even more enjoyable and colorful with animated “glow balls,” which can create amazing mild shows right on the tree. next up, the entrepreneur says, is to incorporate a synchronized track component.

Kevin O’Leary is just not impressed with the aid of the fee, however, which can add as much as over $ 500. Robert Herjavec doesn’t see the prospective to succeed in big markets, but goes out, as does Mark Cuban.

Lori Greiner can’t get previous the cost either and goes out.

O’Leary likes the product, but now not the price, so offers $ 225,000 for 50 % equity. He counters forty percent, however O’Leary holds his 50 percent supply, which he accepts.

last deal: Kevin O’Leary for $ 225,000 for 50 percent.

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