Emazing Lights Net Worth

Emazing Lights, LLC is a California-based company specializing in light show equipment. The owner of the company, Brian Lim, started the business with $100 and has since grossed over eleven million dollars. He has been featured in several media outlets, including Shark Tank. His goal is to turn the company into a billion-dollar company.

After selling his lights in a car trunk, Brian Lim decided to build the business into a full-fledged company. He left Deloitte, where he had worked for two years, and went on to work on the business full time. The product he created is a line of LED light gloves that give users the chance to perform light shows. Initially, the products were sold to individuals, but then they were gradually extended to the online marketplace. This led to a significant increase in sales. Currently, the business has 50 full-time employees and 3,000 square feet of warehouse space.

Since its initial launch, the business has managed to achieve an impressive 2281% growth rate over the past three years. This has helped the company to make it to the 189th position on Inc. Magazine’s list of fastest-growing companies in 2013. The company has a current net worth of $5.8 million, and is on the verge of achieving its goal of $2.5 million.

One of the biggest factors in the success of Emazing Lights was the deal they received on Shark Tank. As part of their deal with Mark Cuban and Daymond John, the company received a valuation of $13 million. In return, they were offered a 5% equity investment by Mark and 20% of their licensing revenues. They also received a guarantee that they would get to perform at the Dallas Mavericks halftime show.

Emazing Lights was launched in 2010 and has since grown to become one of the most popular light show equipment companies in the world. Its product line includes LED light sticks, masks, Poi balls, and other gloving-related items. Some of its other products include joggers and bandanas. The company’s main aim is to transform the way light shows are performed.

Emazing Lights sells light-emitting devices and glowing gear to raves, electronic music festivals, and clubs. Their light-emitting gloves are designed to give contemporary dancers the ability to perform in a unique and entertaining manner. The gloves are available in a wide variety of prices, from $12 for an entry-level pair to a luxurious $100 pair.

The company recently took its business online, and its website offers free shipping on orders over $50. The company has also entered into license agreements with MGM, which allows the company to sell its products in six Las Vegas casinos. Besides, they have expanded their products to include helmets, masks, and other rave gear.

With a mission to transform the way light shows are performed, the company has made a mark in the industry. After its appearance on Shark Tank, the company has continued to grow and expand. Not only has it increased its staff, but it has also opened more licensed retail locations. Additionally, it has started working on building public trust.