Notehall Shark Tank Update

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Fell ThroughNow:AcquiredTechnologySeason 1, Episode 8San Francisco, CAby D.J. Stephan and Sean ConwayWebsite

What Happened to Notehall After Shark Tank

Is Notehall still in business? It was acquired.

Acquired by Chegg in 2011 for undisclosed amount, eventually shut down

Deal Fell Through

Founders chose DreamIt Ventures accelerator over Barbara Corcoran deal

  • Did not close Barbara Corcoran's on-air deal; pursued acquisition instead
  • Acquired by Chegg.com, making founders millionaires
  • Acquisition resulted in first-ever royalty payment to the Shark Tank production company

Last verified Apr 5, 2026. Web-confirmed sources.

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The Notehall Shark Tank Pitch

D.J. Stephan and Sean Conway of San Francisco, CA pitched Notehall on Shark Tank Season 1, Episode 8, which aired Tuesday, October 6, 2009, asking for $90,000 for 10% of the company — a $900,000 valuation.

Barbara Corcoran agreed to invest $90,000 for 25% equity, valuing the company at $360,000. The deal fell through after the show. Founders chose DreamIt Ventures accelerator over Barbara Corcoran deal.

Watch the Pitch

Pitch Details

Aired
S1E8Oct 6, 2009
Ask
$90,000for 10%
Ask Valuation
$900,000

Deal Terms

Terms agreed on air. The deal did not close.

Amount
$90,000
Equity
25%
Valuation
$360,000
Barbara CorcoranBarbara Corcoran