Black Paper Party Shark Tank Update

Black Paper Party Shark Tank Pitch

Jasmine Hudson, Madia Willis, and J'Aaron Merchant appeared on Shark Tank Season 15, Episode 8, which aired on December 8, 2023, with Holiday products for Black representation.

Black Paper Party is listed in the Consumer Products category. In plain terms, the business is described as Holiday products for Black representation.

Black Paper Party asked the Sharks for $250,000 for 5% equity, implying a valuation of about $5 million.

On the show, Black Paper Party made a listed deal for $250,000 for 10% equity.

If treated as straight equity, the listed deal works out to about $2.5 million implied valuation, down from the original $5 million implied valuation.

This pitch is included as context for the more important question: what happened after Shark Tank.

Black Paper Party After Shark Tank

Black Paper Party accepted an on-air deal for $250,000 for 10% equity. After filming, that deal closed. (Black Paper Party Shark Tank Update – Shark Tank Season 15

As of June, 2024, there is no evidence the deal closed with Barbara. (Black Paper Party Shark Tank Update – Shark Tank Season 15

Most notably, Black Paper Party launched in over 5,000 Dollar General stores and rolled out new seasonal lines with Kohl’s. (Black Paper Party Shark Tank Update – Shark Tank Season 15

in 2024, Black Paper Party introduced new product lines beyond holiday wrapping paper. (Black Paper Party Shark Tank Update – Shark Tank Season 15

Black Paper Party recently earned recognition as a 2025 Licensing International Awards finalist. (Black Paper Party Shark Tank Update – Shark Tank Season 15

Sources

Sources used for this page: sharktankblog.com