✓ Got a deal Acquired Season 1, Ep. 8 💻 Technology & Software

Notehall on Shark Tank

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Notehall was an online marketplace where college students could buy and sell class notes and study guides. It targeted students seeking extra study resources and those wanting to earn money from their own lecture notes.

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⏱ Notehall in 30 seconds

  1. The ask$90K for 10%Valued at $900K
  2. In the tankDeal: $90K for 25%With Barbara
  3. After the showDeal fell throughDidn't close after taping
  4. TodayAcquiredAcquired by Chegg (2011)

Notehall Shark Tank deal

Asked for
$90,000 for 10%
Asking valuation
$900K
Result
Deal
Final deal
$90,000 for 25%
Deal valuation
$360K
Founders
D.J. Stephan and Sean Conway
From
San Francisco, CA
Aired
Oct 6, 2009
Asked
$900K
Got
$360K

Would you have invested in Notehall?

The pitch

D.J. Stephan and Sean Conway from San Francisco, CA pitched Notehall in Shark Tank Season 1, Episode 8 (aired Oct 6, 2009). They asked for $90,000 in exchange for 10% equity, valuing the business at $900K. The entrepreneurs walked away with a deal from Barbara Corcoran: $90,000 for 25%. That put the final valuation at $360K, 60% below what they originally asked for.

Meet the founders

What happened to Notehall after Shark Tank?

Acquired Last checked November 1, 2026

Our checks

  • : Removed the link to the company's website because the domain no longer exists.

Notehall, a marketplace where college students bought and sold class notes, appeared in Shark Tank's first season and got a $90,000 offer from Barbara Corcoran. Weeks after the episode aired, the founders turned down the deal and joined the DreamIt Ventures accelerator instead. In June 2011 Chegg bought Notehall for $3.7 million in stock and folded it into its homework-help service. Some universities objected to the business model, arguing that selling lecture notes infringed faculty copyright.

⚠️ The on-air deal did not close after the show.

Timeline since the show

  1. Launched at the University of Arizona as a marketplace for class notes

  2. Got a $90,000 offer from Barbara Corcoran; later declined it and joined the DreamIt Ventures accelerator

  3. Acquired by Chegg for $3.7 million in stock

Sources (2)
  1. en.wikipedia.org/wiki/Notehall
  2. sharktankblog.com/business/notehall/
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Frequently asked questions

Did Notehall get a deal on Shark Tank?

Yes. Notehall got a deal with Barbara Corcoran for $90,000 and 25% equity.

Which Shark invested in Notehall?

Barbara Corcoran invested in Notehall on Season 1 of Shark Tank. Note that some on-air deals change or fall through during due diligence.

Is Notehall still in business?

Notehall was acquired: Acquired by Chegg (2011).

What season and episode was Notehall on Shark Tank?

Notehall appeared in Season 1, Episode 8, which first aired on October 6, 2009.

Where can I buy Notehall?

Search for Notehall on Amazon or major retailers; availability varies.

What was Notehall's valuation on Shark Tank?

The founders valued Notehall at $900,000 when they entered the Tank, and the final deal valued it at $360,000.

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