Black Paper Party

Black Paper Party

Deal

Products for Black representation

Season 15 · Ep 8OtherAired December 8, 2023

Black Paper Party, the products for black representation, landed on the national radar after pitching the sharks in Season 15, and convinced Barbara Corcoran to invest.

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From the show

The Shark Tank pitch

$250K
Asked for
5%
Offered equity
$5M
Sought valuation
$250K
Deal amount
10%
Deal equity
$2.5M
Deal valuation

Jasmine Hudson, Madia Willis and J’Aaron Merchant faced the sharks in Season 15, Episode 8 in the episode that aired December 8, 2023. Black Paper Party, the products for black representation, pitched in the Other category, one of 39 other businesses to brave the Tank across all 17 seasons.

They came in asking $250,000 in exchange for 5% equity, putting a $5M valuation on the business.

Barbara Corcoran made the deal at $250,000 for 10% equity. That priced the company at $2.5M, a haircut from the $5M the founders walked in asking for, which is how negotiations in the Tank usually go.

Across Season 15, 59 of 87 pitches ended in a handshake. In the Other category overall, roughly 69% of pitches have landed a shark across the show's history.

Is Black Paper Party still in business?

Read our 2026 update on where the company is now.

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Frequently asked questions

Where can I buy Black Paper Party?

Check current price and availability on Amazon. Note that some Shark Tank products are discontinued or sold under a new name. The company's official website is another option.

Did Black Paper Party get a deal on Shark Tank?

Yes. Black Paper Party closed a deal for $250,000 in exchange for 10% equity, with Barbara Corcoran.

Which shark invested in Black Paper Party?

Barbara Corcoran invested in Black Paper Party ($250,000 total as aired).

What season of Shark Tank was Black Paper Party on?

Black Paper Party appeared in Season 15, Episode 8, which aired December 8, 2023.

How much was Black Paper Party asking for on Shark Tank?

The founders asked for $250,000 for 5% of the company, a $5M valuation.

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