Lightfilm Net Worth Shark Tank Update 2025

Rolf Schwartz and George Podd created Lightfilm to offer a fun way to decorate cars. Their product was a light-up decal that could stick to car windows. The decal had motion sensors to light up and provide a unique display. The entrepreneurs wanted to offer easy-to-use decals that needed no tools for installation. They appeared on Shark Tank to ask for $100,000 in exchange for 5% of their company.

They were hoping to grow their business and attract investment. This was their chance to take their product to the next level. Will the entrepreneur get a deal on Shark Tank? Check out the Lightfilm update to find out!

In our Lightfilm update research, Lightfilm was rebranded to PowerDecal after the episode aired. The company thrived after securing a deal on Shark Tank. With the support of Daymond John and Robert Herjavec, they received a deal of $100,000 for 70% of the company. Their partnership helped the business grow. They averaged over $1 million in yearly sales. Daymond John helped with licensing, manufacturing, and distribution.

Today the company continues to sell its decals. They focus on custom orders and pricing varies depending on the quantity. Lightfilm’s journey on Shark Tank turned out to be very successful. The company is still in business and continues to grow thanks to its partnership with Daymond.

In terms of the Lightfilm update, Yes, Lightfilm received a deal on Shark Tank. Daymond John and Robert Herjavec offered $100,000 for 70% of the company. The entrepreneurs initially asked for $100,000 for 5% equity but after some negotiation, they agreed to the new terms. Daymond John was interested in the battery-powered version of the decals. He also wanted to help the company secure licensing deals.

The entrepreneurs were happy with the deal and accepted the offer from Daymond and Robert. This deal gave the company the investment it needed to grow and expand its reach.

Lightfilm net worth Shark Tank Update 2025

Rolf and George were looking for an investment of $100k in exchange for 5% equity in the company. At the time of the episode, they valued their company at $2 million. Rolf and George successfully secured a deal with Daymond and Robert for an investment of $100k for 70% equity in the company. The investment adjusted the company’s net worth to around $143k. After the show was aired, the company experienced a good boost in exposure. As per my rough estimate, the current net worth of PowerDecal in 2025 is around $5 million.

Shark(s) Name	Offer & Demand	Counter Offer	Accepted?
Daymond John	$100,000 for 75% equity	#1 $750,000 for 51% equity #2 $100,000 for 70% equity (Combined Offer)	Yes
Robert Herjavec	$100,000 for 70% equity  (Combined Offer)	N/A	Yes
Kevin O’Leary	Out	N/A	N/A
Barbara Corcoran	Out	N/A	N/A
Kevin Harrington	Out	N/A	N/A

Founders Backstory

Rolf Schwartz and George Podd were enthusiastic about developing enjoyable and cutting-edge products. They aimed to create something straightforward yet thrilling for vehicle owners. The concept for Lightfilm originated from their passion for customizing cars. They observed that individuals enjoyed enhancing their vehicles with personal details. They aimed to simplify the process for individuals to personalize their vehicles with a glowing decal.

The motivation for the product was to provide a method for cars to be distinctive while remaining easy to operate. The decals were created for simple installation. No tools were necessary. You just removed the backing and applied them to your car window. The founders encountered obstacles at the beginning of Lightfilm’s development. They invested significant time and resources to develop a user-friendly product.

One of the largest challenges was determining how to integrate the decals with batteries and solar energy. They aimed to develop a version of the product that was wire-free. This would enhance convenience for customers. An additional hurdle was obtaining the essential patents to safeguard their concept. They submitted a patent application but it was still awaiting approval when they took the stage on Shark Tank. Despite these obstacles, they were resolute about ensuring their product’s success.          

Initial Pitch

When Rolf and George pitched their product on Shark Tank they presented their light-up decals as a fun and simple way to customize cars. They explained that the decals were easy to install. They could be applied directly to car windows without the need for tools. The entrepreneurs shared their plans to create a wireless version of the decals. These new decals would use batteries and solar power.

They had already filed for a patent for their product but it was still pending. The entrepreneurs hoped to secure an investment to help grow their business and take it to the next level. During their pitch, Rolf and George explained the cost of production. The battery-operated decals would cost around $5 to produce. They planned to wholesale them for $10 and sell them to customers for $19.99.

They also shared that they had received the green light to move forward with a licensing deal with Harley Davidson. This was a big opportunity for them to expand their reach. The entrepreneurs were confident that with the right investment, they could take the business to new heights.

Queries About The Product

The Sharks showed great interest in the product but had a few inquiries for the entrepreneurs. They were interested in learning more about the expenses associated with production and sales. Barbara Corcoran inquired about the production cost of the decals. The business owners indicated that creating the battery-powered stickers would require about $5 in production costs.

They intended to offer them for $19.99. The Sharks were also interested in whether the entrepreneurs had secured any licensing agreements. George revealed that they had obtained permission to move forward with a licensing agreement with Harley Davidson. This represented a significant victory for the company and demonstrated that there was interest in their product. 

Robert Herjavec inquired with the entrepreneurs regarding their sales figures. They mentioned that they were still awaiting funding to assist in their expansion. They invested a significant amount of money into developing the product yet they required additional funding to proceed. Kevin Harrington exited claiming that the venture would need significantly more funds than they were requesting.

Kevin O’Leary also exited stating that the product required a strategic partner and that just having cash wouldn’t suffice. Robert Herjavec concurred with Kevin O’Leary’s evaluation and chose to exit as well. Barbara Corcoran stated that she was not a suitable partner for the product and chose to exit too.              

Shark’s Responses and Final Deal

Daymond John was the only Shark who was still interested. He liked the battery-powered version of the decals and wanted to help the entrepreneurs secure licensing deals. Daymond also offered to provide manufacturing and distribution support. However, he only wanted 75% of the company in exchange for his $100,000 investment. The entrepreneurs countered with an offer of $750,000 for 51% equity.

After some back-and-forth negotiations, Daymond and Robert joined forces to make a new offer. They offered $100,000 for 70% equity and unlimited financing for the orders. The entrepreneurs agreed to the deal and they were excited to have secured the investment they needed.

What Went Wrong With Lightfilm On Shark Tank?

Some Sharks didn’t accept the offer. Kevin Harrington thought the project would require much more money than the entrepreneurs were asking for. He didn’t believe the product had enough potential without more investment. Kevin O’Leary also went out saying the product needed a strategic partner. He didn’t think cash alone would be enough to grow the business.

Robert Herjavec agreed with Kevin O’Leary’s assessment and decided to go out as well. Barbara Corcoran didn’t think she was the right partner for the product and decided to go out too. Despite these setbacks, Daymond John and Robert Herjavec saw the potential in Lightfilm and offered a deal that helped the company grow.

Product Availability

Lightfilm’s product is now available under the name PowerDecal. The company offers light-up decals that can be custom-ordered. The decals are designed to be applied to car windows and are available for purchase on the PowerDecal website. The product is sold at different prices depending on the quantity ordered. The website provides a contact email for inquiries about custom orders.

The decals are battery-powered and use solar power for a more convenient and eco-friendly option. They are available in various designs and can be used to customize vehicles. The product is sold online and customers can order directly from the website.

Conclusion

Lightfilm’s journey on Shark Tank was a success. The company received a deal from Daymond John and Robert Herjavec. After securing the investment the company was able to grow and become one of the biggest successes on the show. Today Lightfilm is known as PowerDecal and continues to offer fun and innovative products for car owners. The partnership with Daymond John helped the company grow and secure licensing deals.