Light Film (Power Decal) Shark Tank

Light Film (Power Decal) Shark Tank – Founder, Net Worth, and Investment

Light Film, also known as Power Decal, is an innovative product that originated from the show Shark Tank. The founders, George Podd and Rolf Schwartz, came up with the idea of a light-up decal for car windows that shows impressive animations at night. They appeared on Season 1, Episode 15 of Shark Tank and successfully secured a deal with Daymond John for a $100,000 investment in exchange for 70% equity in the company. The product has since been rebranded as Power Decal and has achieved success in terms of licensing deals with major sports leagues, teams, and colleges.

Light Film (Power Decal) Shark Tank

Key Takeaways:

  • Light Film, also known as Power Decal, is an innovative light-up decal for car windows that originated from the show Shark Tank.
  • The founders, George Podd and Rolf Schwartz, secured a deal with Daymond John for a $100,000 investment in exchange for 70% equity in the company.
  • Power Decal has achieved success in terms of licensing deals with major sports leagues, teams, and colleges.
  • Customers can purchase Power Decal products for their vehicles, adding visibility and expressiveness to their cars.
  • Power Decal faces competition from companies offering similar products or technologies related to vehicle decals or innovative lighting solutions.

What is Light Film?

Light Film, also known as Power Decal, is a peel-off light-up decal designed specifically for car windows. This innovative product aims to provide visibility and expressiveness to sports fans and enthusiasts. The decal is light and motion-sensitive, making it perfect for illuminating at night and displaying captivating animations that align with the image. Its unique and eye-catching design has gained considerable attention, particularly after its appearance on Shark Tank.

The Light Film, or Power Decal, is essentially a self-adhesive light-up decal that adheres to the window of a car. Once applied, it adds an extra dimension of excitement and personalization to vehicles. The decal reacts to motion and lighting conditions, ensuring that it only lights up at night or when the car is in motion. This feature not only enhances visibility but also creates a stunning visual effect that turns heads.

Whether you’re a die-hard sports fan looking to showcase your team’s logo or an individual who wants to make a bold statement on the road, Light Film offers a unique and innovative solution. The technology behind this product is cutting-edge, and the animations that it displays are tailored to the image, enhancing its impact and appeal. Power Decal truly sets your vehicle apart from the rest.

Key Features of Light Film:

  • Peel-off design for easy application and removal
  • Light and motion-sensitive, ensuring it only illuminates at night or when in motion
  • Displays eye-catching animations that align with the image
  • Available in various designs and customization options
  • Enhances visibility and personalization of vehicles

With Light Film, car owners can express their passion, support their favorite teams, or simply make a statement on the road. This unique vehicle technology offers a level of customization and visual appeal that is unmatched by traditional car window decals.

The Founders of Light Film

George Podd and Rolf Schwartz are the founders of Light Film, now known as Power Decal. The company was established based on George’s visionary idea for a light and motion-sensitive decal.

George was inspired when he noticed a car with a decal while a child watched cartoons in the backseat. This sparked his creative thinking, and he shared his concept with his friend and business partner, Rolf Schwartz.

George, a skilled industrial designer, used his expertise to develop the innovative electric decal. Rolf, with his background in finance, brought business acumen to the team, allowing them to create a successful company around this unique product.

Together, George Podd and Rolf Schwartz transformed their visionary idea into reality, revolutionizing the concept of vehicle decals with Light Film, now Power Decal.

Light Film founders George Podd and Rolf Schwartz

“Our goal was to create a product that combines self-expression and visibility. Light Film allows people to showcase their enthusiasm for sports and other interests in a creative and eye-catching way.” – George Podd, Co-founder of Light Film

The Shark Tank Pitch

During their Light Film Shark Tank pitch, George and Rolf presented their innovative product and sought a $100,000 investment in exchange for 5% equity. They showcased the features of Light Film and highlighted its potential uses in various industries. The sharks showed a keen interest in the product and asked critical questions about its manufacturing cost, sales projections, and patent protection.

Ultimately, it was Daymond John and Robert Herjavec who recognized the potential of Light Film and made an investment offer. They proposed to invest $100,000 in exchange for a 70% equity stake in the company, valuing it at $142,857. George and Rolf carefully considered the offer and ultimately accepted, excited to have the expertise and guidance of two accomplished sharks to help take Light Film to new heights.

“Light Film is truly a game-changer in the market. The combination of George and Rolf’s vision, coupled with the investment and support from Daymond and Robert, positions this company for tremendous success. We are confident that Light Film will revolutionize the way we express ourselves through vehicle decals.”

– Shark Tank investors

With the investment secured, George and Rolf were ready to embark on their journey to bring Light Film to a wider audience and capitalize on the sharks’ expertise to further enhance their product and business strategy.

Sharks’ Responses to Light Film

Throughout the pitch, the sharks were captivated by the unique and innovative nature of Light Film. Their questions focused on the following key areas:

  1. The cost of manufacturing and scalability of production
  2. Sales projections and market potential
  3. Patent protection and potential competitors
  4. Pricing strategy and retail distribution
  5. Opportunities for licensing and partnerships

George and Rolf were well-prepared and provided comprehensive answers to the sharks’ inquiries, addressing each concern with confidence and conviction. Daymond John and Robert Herjavec were particularly impressed with the potential of Light Film and recognized the opportunity for significant market growth.

Their investment offer was a testament to their belief in the product’s success and their confidence in George and Rolf’s ability to execute their business plan. With their financial investment and business acumen, Daymond and Robert played a vital role in propelling Light Film forward.

Overall, the Light Film Shark Tank pitch was a defining moment for George and Rolf, opening doors to newfound opportunities and setting the stage for the success that would follow.

Success and Rebranding

After partnering with Daymond John and Robert Herjavec, Light Film underwent a rebranding and became Power Decal. The company experienced tremendous success, securing major licensing deals with prominent sports leagues, teams, and colleges, just as Daymond had envisioned during the Shark Tank episode. Power Decal gained significant popularity and quickly became available in numerous stores across the country. The brand’s rapid rise to prominence has cemented its status as one of the most successful companies to have appeared on Shark Tank.

Light Film success

Product Details

Power Decal offers a range of custom-made light-up decals for vehicle windows. Customers can choose from a selection of pre-designed themes or customize their own unique decals. The decals are designed using high-quality materials to ensure durability and visibility.

Light Film product details

Product Details Pricing
Custom-made light-up decals $19.95
Pre-designed themes $19.95
Packaging Bulk purchase at reduced cost available

For further inquiries or to place an order, customers can contact Power Decal via email at support@decalpowerpayments.com. The company is based in Chicago, Illinois, and offers nationwide shipping.

Competitors

Power Decal faces competition in the market from several companies offering similar products or innovative lighting solutions. These competitors include:

  1. M Power Decals
  2. Finch Technologies
  3. Juntrax Solutions
  4. Pocket Radar
  5. Smart UV Power Supply

These companies are actively involved in the production and distribution of vehicle decals, as well as developing technologies related to innovative lighting solutions. They pose a challenge for Power Decal in terms of market penetration and brand recognition.

To stay ahead in the industry, Power Decal must continue to innovate, enhance its product offerings, and effectively market its unique features to stand out from its competitors. It is imperative for the company to differentiate itself by focusing on superior quality, customization options, and excellent customer service.

Current Net Worth and Business Status

As of its appearance on Shark Tank, Power Decal, previously known as Light Film, had a net worth of approximately $2 million according to the founder.

The company has been in business and is making an annual revenue of around $1 million.

Its future prospects are not known, but the success and popularity of the product are evident in its ongoing business operations.

Power Decal net worth

Connect with Power Decal

To learn more about Power Decal and their products, visit their website. Here, you can explore the range of light-up decals for your vehicle windows and find out more about their customization options. The website provides detailed product information, pricing, and ordering instructions.

Stay updated with the latest news and promotions from Power Decal by connecting with them on Facebook and Twitter. By following their social media accounts, you can get insights into their products, upcoming releases, and special offers.

If you have any questions, comments, or feedback regarding Power Decal or their products, feel free to leave your thoughts in the comment section below. The Power Decal team values your input and appreciates your engagement with their brand.

For Android users, Power Decal offers a downloadable app that provides valuable startup and business book learnings. This app is a treasure trove of verified business knowledge, concepts, and strategies to fuel your entrepreneurial journey. Download the app to gain access to valuable resources and insights from the Power Decal team.

FAQ

What is Light Film?

Light Film, also known as Power Decal, is a light-up decal for car windows that provides visibility and expressiveness to sports fans and enthusiasts. It is a peel-off decal that illuminates at night and displays animations.

Who are the founders of Light Film?

The founders of Light Film are George Podd and Rolf Schwartz.

What happened during the Shark Tank pitch?

George Podd and Rolf Schwartz pitched their product on Shark Tank and secured a deal with Daymond John and Robert Herjavec for a 0,000 investment in exchange for 70% equity in the company.

What is the current net worth of Power Decal?

The net worth of Power Decal, previously known as Light Film, is approximately million according to the founder.

Where can I purchase Power Decal?

Power Decal can be purchased on their website, and it is also available in many stores across the country.

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