Modern Christmas Trees - Shark Tank Update

Modern Christmas Trees - artificial tree that is collapsible

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Season 9, Episode 13 Founded by Matt Bliss In Business

Modern Christmas Trees Details

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Shark Tank Episode Details

Founders Matt Bliss
Air Date 2017-12-03
Season & Episode Season 9, Episode 13
Initial Ask $100K for 10.0% equity
Deal Details Got deal: $100K for 18.0% equity from Barbara Corcoran
Estimated Yearly Revenue $1 million
Estimated Net Worth (4x estimated revenue) $4 million

The Shark Tank Pitch

Design inspiration met family legacy when Matt Bliss discovered his grandfather Lawrence 'Bud' Stoecker's mid-century modern Christmas tree concept from the 1960s and transformed it into a contemporary business opportunity, seeking $100,000 for 10% equity in Modern Christmas Trees during Shark Tank Season 9's holiday special episode. Stoecker, a NASA engineer who left his career to build A-frame cabins throughout Colorado, had originally created the innovative tree design as a reflection of his mid-century modern aesthetic sensibilities, evolving the concept from cardboard to wood to plexiglass over several years until it became a beloved Christmas tradition in the Stoecker household.

Matt's modern interpretation featured minimalist, space-saving trees made from concentric rings of different sizes that created a tree-like silhouette with contemporary flair, available in various sizes including wall-mounted options with sleek designs, pre-lit configurations, mood lighting, rotating mirror ball toppers, and complete holiday packages including festive ornaments that eliminated the environmental concerns of growing, shipping, and disposing of real trees. The business had achieved impressive growth momentum with $380,000 in projected sales representing a $200,000 increase from 2016 performance, healthy profit margins where $232 production costs supported $799 retail pricing, and strong direct-to-consumer sales representing 80% of revenue through the company website with additional retail partnerships including Brookstone, while donating $50 from each sale to the Alzheimer's Association in honor of his grandfather's memory.

Where Are They Now?

The sharks initially expressed skepticism about the niche market appeal of mid-century modern aesthetics, with Mark Cuban doubting the company could reach tens of millions in sales, Robert Herjavec appreciating the beauty but questioning market potential, Kevin O'Leary criticizing the pricing structure, and Lori Greiner following her gut instinct to decline, leaving only Barbara Corcoran to recognize the opportunity and offer $100,000 for 18% equity plus a $5 royalty until recouping her investment, which Matt accepted after negotiating the terms. The partnership with Barbara proved successful as the deal closed and sales immediately spiked 300% following the episode's airing, providing the momentum needed for strategic expansion and product development that would position the company for sustained growth in the specialty holiday decor market.

We found that Modern Christmas Trees has flourished since their Tank appearance, developing new product lines including undecorated trees at lower price points and smaller, more affordable models to reach broader markets, introducing a 10-foot-high model for customers seeking dramatic holiday statements, and achieving approximately $1 million in annual revenue while planning international expansion with local shipping to Australia beginning in 2024 and European markets targeted for 2025, demonstrating how focused niche products can create sustainable businesses when entrepreneurs maintain quality standards and strategically expand their target demographic without compromising their core design philosophy.

Revenue

$1 million

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