Christmas lights are beautiful to look at but can be a real pain to put up and take down. For that reason, Nathan Schaffer has come up with an innovative solution to this common, holiday problem. He claimed that once you hang your lights with his product, you won’t have to do it year after year. Will the sharks want to make him a deal on
Shark Tank Eve Drop Update
- Entrepreneurs: Nathan Schaffer
- Business: Christmas lights hanging product
- Ask: $75,000 for 20% equity
- Result: No deal
- Sharks: None
Nathan brought his Eve Drop product to the tank, and explained that his Christmas lights can easily be displayed without the challenges of climbing onto the roof and stapling lights to every section of the house. The one of a kind design lets homeowners slide their lights from under the gutter to display them in a matter of seconds. According to Nathan, it was the only product like it on the market.
The sharks were less than impressed with the number of sales that Eve Drop has produced since it launched. Nathan told the sharks that he only had $4,500 in Kickstarter sales at the time of his
It didn’t take long for sharks to start dropping out. Kevin O’Leary and Mark Cuban were the first to drop out without making an offer, but it didn’t take long for Robert Herjavec, Barbara Corcoran, and Lori Greiner to drop out as well. Nathan was forced to leave the tank without a deal, but what became of his company next? Keep reading our Eve Drop update to find out.
Sadly, we have bad news to report. Ultimately, it was an uphill struggle for many years. Nathan decided to shut down his company in 2017. This will be our final Eve Drop update.
Are you interested in finding out more about the other companies featured on Season 6 Episode 12? Follow the links below for our other company updates from the episode.
For even more on companies and products, be sure to check out our Season 6 Products Page!
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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!