What Happened to the Modern Christmas Tree After Shark Tank?
What is a modern Christmas Tree?
A modern Christmas tree is a non-traditional Christmas tree that may be purchased in place of a live or artificial tree. It’s a 7.5-foot-tall aluminium tower with built-in ornament-holding rings.
It not only folds for easy storage, but it also comes with its own storage container. A wall-mounted tree, a table-top tree, and a full seven-and-a-half-foot tree are all available.
Each is offered in both ornate and plain versions. Decorated trees come in a variety of colour options for the tree rings and ornaments.
The massive tree is meant to be hung from the ceiling, but it also comes with a stand. Prices start at $199 for a basic wall or table tree and go up to $799 for a completely ornamented seven-and-a-half-foot tree.
Who invented the Modern Christmas Tree?
When his grandfather, the inventor, was diagnosed with Alzheimer’s disease in 2011, Mr. Bliss launched the firm.
Lawrence Stoecker designed the Modern Christmas Tree in the 1960s, and it has evolved from cardboard to today’s acrylic and glass model, complete with Lawrence Stoecker’s engraved signature.
When Bliss unveiled the tree at the Denver Modernism event in 2011, it caused quite a stir.
Bliss patented the concept and received the final patent just a few days before his grandfather died. The Disneyland Hotel was his first customer, and they ordered 16 trees for their Christmas decorations.
They’ve also sold to Google, Red Bull, and other businesses for Christmas decorations, as well as to individuals with more contemporary tastes.
During the Christmas season, several trees are also on display in notable mid-century style mansions around the country.
Bliss is now carrying on his family’s heritage with his company, and he honours his grandfather by donating $50 to the Colorado Chapter of the Alzheimer’s Association for every tree he sells.
What Happened to Modern Christmas Tree During Shark Tank?
Matt appears on Shark Tank Season 9 Episode 13 in quest of $100,000 in exchange for a 10% ownership in his company. This translates to a $1 million valuation
He tells his story and illustrates the setup. He also appears with his grandpa in the background, showing the Sharks his two tattoos, one of a tree and the other of his grandfather.
Then the questions start flying. He’s on pace to make $380,000. The sharks are astounded by last year’s sales of $200,000 dollars.
He charges $799 for a completely decorated tree, which costs $232 to build.
Bliss backs up the pricing by claiming that each tree includes with a set of crystals, glass ball decorations, energy lights, and a zipped case.
The internet accounts for 80% of sales, with the rest coming from stores like Brookstone and Frontgate.
Mark, the first Shark to speak out, feels the company will be unable to develop to the $10-$20 million area.
Robert thinks it’s beautiful, but there’s just a little market for it, so he’s out. Kevin immediately follows due to the expense.
Lori likes it, but her instincts urge her to go out, so she does. Barbara is the sole survivor of the Sharks. She offers $100,000 for 25% plus a $5 royalty each tree until she recoups her investment.
At that time, Kevin reappears and offers the same deal as Barbara, but for a 20% share (as well as the royalty).
Barbara’s proportion decreases to 20%, then to 19%. Matt answers with 15%, and Barbara responds with 18%. They carry out the terms of the agreement.
What Happened to the Modern Christmas Tree After Shark Tank?
Barbara’s purchase was successfully completed. After the original air date, sales climbed by 300%. Matt designed plain trees as well as smaller, less expensive variations.
They are still in operation, and annual revenue is estimated to be over $500,000 by June 2021.
What is the Net Worth of modern Christmas Tree?
Matt appears on Shark Tank Season 9 Episode 13 in quest of $100,000 in exchange for a 10% interest in his company. This translates to a $1 million valuation.
He accepted Barbara’s $100,000 offer for an 18% share in the company, resulting in a worth of $555,555.55.
Since the Company has expanded, the existing valuation is projected to rise.
Who are the Modern Christmas Tree’s Competitors?
There are no known competitors for Modern Christmas Tree.
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Modern Christmas Tree FAQS
1. How much does the Modern Christmas Tree cost?
Prices range from $199 for a plain wall or table tree to $799 for a fully adorned seven and a half foot tree.
2. Who founded Modern Christmas Tree?
Modern Christmas Tree was founded by Matt Bliss, who has been designing and building them for the past two years.
3. How much was he seeking in the Tank?
He was seeking $100,000 in exchange for a 10% share in the company.
4. Who invested in Modern Christmas Tree?
Barbara invested $100,000 for an 18% share in the company.
5. Does Modern Christmas Tree have a website?
Yes, their website is
6. How long does shipping usually take?
Orders ordered Monday through Thursday are normally sent by FedEx Ground within 48 hours.
Orders placed on Fridays and weekends are sent the following Monday.
Demand, FedEx delivery times, and their location all influence delivery timeframes.
7. Are their products under warranty?
The LED lights are covered by a 2-year guarantee. The mirror ball rotator is covered by a one-year guarantee.
8. What happened to Modern Christmas Tree after the Tank?
Barbara’s purchase was successfully completed. After the original air date, sales climbed by 300%. Matt designed plain trees as well as smaller, less expensive variations.
9. When was Modern Christmas Trees aired on Shark Tank?
Modern Christmas Trees aired on the Shark Tank on December 3rd, 2017.
10. Do they offer wholesale pricing?
Yes, wholesale pricing is affected by volume and inventory. For a quote, please contact Matt Bliss at [email protected]
11. Is Modern Christmas Tree still in business?
They are still in operation, and annual revenue is estimated to be over $500,000 by June 2021.
