![]() ![]() What Happened to Modern Christmas Tree after the Shark Tank Pitch?Īfter appearing on Shark Tank, the Modern Christmas Tree company closed a deal with Barbara and saw a significant increase in sales, rising by 300%.įollowing the show, Matt expanded the company’s offerings to include undecorated trees as well as smaller and more affordable options. Kevin later returned with the same offer but for a 20% stake, and Matt ultimately agreed to the deal with Barbara at 18%. The tree was invented in the 1960s by Lawrence Stoecker and has been updated to include acrylic and glass editions. It is designed for convenience, with ornament-holding rings built in and the ability to fold for storage.
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