Power Decal on Shark Tank Show
Wireless Light Up Power Decals - Season 1 - Episode 15 - Update
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George Podd and Rolf Schwartz was asking $100k for a 5% stake in their patented Power Decals which put the valuation at $2 million. They demonstrated a generation 1 Power Decal that was hooked up to a wired power source (a battery) to light up the peel and stick sticker. They quickly pointed out that the generation 2 Power Decals would be wireless and solar powered which got a lot more interest from the Sharks. Podd, the inventor of the Power Decal, had zero in sales and has already sank $750k into this invention. They can make the generation 2 Power Decals for $5 or less and retail's for $19.99 which is a decent profit margin in any ones book. Everything is ready to go and all they need is the licensing deals to make the Power Decal a huge success.
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