Paper Box Pilots Shark Tank Update

Paper Box Pilots Shark Tank Pitch

Noah Cahoon and Brian Cahoon appeared on Shark Tank Season 6, Episode 4, which aired on October 10, 2014, with decorative sticker designs that bring cardboard box toys to life.

Paper Box Pilots is listed in the Children category. In plain terms, the business is described as decorative sticker designs that bring cardboard box toys to life.

Paper Box Pilots asked the Sharks for $35,000 for 25%, implying a valuation of about $140,000.

On the show, Paper Box Pilots made a listed deal with Kevin O'Leary for $35,000 for 50%.

If treated as straight equity, the listed deal works out to about $70,000 implied valuation, down from the original $140,000 implied valuation.

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

Paper Box Pilots After Shark Tank

Paper Box Pilots accepted an on-air Shark Tank deal for $35,000 for 50%. The on-air deal closed. The business later shut down. (Paper Box Pilots Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches