Press "Enter" to skip to content

The real elf: What Happened After Shark Tank?

0

Tommy Holl is a person who portrays Elf’s character, which is why it is branded as Tommy the real elf. Elf is a supernatural creature of folk tales. Tommy the real elf organizes and manages personalized digital massages, corporate events, parties, and many more.

People can book his personalized massage or his appearance for events. The real elf is a start-up that offers Elf gram and Christmas greetings services.

The real elf at a glance-

Business IdeaThe Real Elf character business
FoundersTommy Holl
Asked For$125,000 for 25% equity
Accepted Deal$50,000 for 35% equity plus $75,000 as loan
SharksBarbara Corcoran
Business statusIn Business
WebsiteTommy the real elf
Episode NoSeason 13, Episode 8

Index:

Who is the founder of Tommy the real elf?

Tommy Holl is the founder of the real elf. He is also the backbone of his business from its initial roots to its head. Tommy’s friends used to tell him that he looked like an Elf, to which Tommy took it positively and purchased elf wearables.

Tommy gave his appearance on Christmas eve and he got popular after which he used this skill to turn into a business. Tommy used to raise all this money for the treatment of cancer patients. He loves both his jobs. Tommy has completed his graduation in journalism. In 2014, he had a medical scare with cancer.

Did Tommy the real elf get a deal on Shark Tank?

Tommy Holl came on the show in search of an investment of $125,000 for 25% equity in the business.  After the demonstration of his character, sharks came to the conclusion that he was very entertaining and hilarious but they weren’t able to find a vision or business structure in it.

Kevin O’Leary said that Tommy needed a large social media platform which he didn’t have as he had only 10,000 followers when he appeared on the show and went out. Mark Cuban was concerned with the amount of hard work Tommy was doing as he had his own job due to which he was not able to give much time to his own business, which made Mark go out. Tommy said that he needed investment so that he could build an application for his business to which Sharks suggested him that social media platform was enough.

See also  Sarah Oliver Handbags Shark Tank Update

Lori Greiner didn’t find it investable and moved out.  Daymond John also felt that Tommy didn’t need a partner at this stage and went out. Barbara Corcoran was the only one left and she remembered the point he mentioned about raising money for cancer patients which made Barbara give an offer and she gave an offer of $50,000 in cash for exchange of 35% of the company and $75,000 as a loan and also wanted half of his profits to be donated for cancer patients, Tommy took the deal and pitch was closed.

What happened to Tommy the real elf after Shark Tank?

After the show, Tommy got huge attention from his appearance on the show and was really appreciated for his good work. Currently, he is doing all of his business in the city of Chicago. The real elf has also collaborated with many big organizations like  Lurie Children’s hospital, Chicago public health department, and the Chicago education department. Tommy also got opportunities to work in many popular television shows. Tommy just wanted to spread kindness and happiness and no one can defeat him in this.

People can buy his recorded elfie video from his website for $50. Tommy the real elf also has other products which include Elf pillow covers, blankets, cups, and apparel, which cost between $12 to $46. When Tommy pitched in Shark Tank, he asked for a valuation of $500,000 and after getting the deal from Barbara, the valuation came to $142,854.

Competitors of Tommy the real elf.

No competitors were found for The real elf as it’s completely a unique concept.

What is the net worth of The real elf?

At the time of the shark tank appearance, The real elf was valued at around $142,000. The current net worth of the business will be updated soon.

Is Tommy the real elf is still in business?

Yes, Tommy, the real elf is still in business and going well with ongoing years.

Do Share Your Thoughts:

Do tell us all your thoughts in the comments section below, we look forward to reading all the comments in the section below.

Also, do check our Startup Resources section, and don’t forget to join our weekly newsletter 📰 which contains pure startup and business wisdom and no bullshit!!

Do follow us:

Related Articles:

What is The real elf?

Tommy Holl is a person who portrays Elf’s character, which is why it is branded as Tommy the real elf. Elf is a supernatural creature of folk tales.

Who founded The real elf?

Tommy Holl is the founder of the real elf. He is also the backbone of his business from its initial roots to its head. Tommy’s friends used to tell him that he looked like an Elf, to which Tommy took it positively and purchased elf wearables.

Leave a Reply