Mark Cuban could not make any profit from his “Shark Tank” investments
As per the sources, we came to know that Mark Cuban became well-known thanks to America’s favorite television program, “Shark Tank.” However, the billionaire admitted last week on the Full Send podcast that altogether, he has lost money on his collection of ventures.
Mark Cuban become one of the US’s favorite billionaires thanks to Shark Tank. The fact that he has lost money on investments made in the well-known show may come as a shock to many of you. On the Full Send Podcast, the Dallas Mavericks owner recently made a startling revelation. Cuban has invested more than $20 million in a number of the “Tank” enterprises.
We also came to know that Shark Tank demonstrated entrepreneurial endeavors as interesting. Well, if Cuban’s comments are any indication, investing and enjoying yourself are not the ideal combos. Cuban, who is renowned for his candor and business savvy, confirmed what many people have long held to be true. The Tank is more about entertainment than it is about business.
Furthermore, one cannot, however, dispute that the Tank made the businessmen renowned. In the episode, Cuban also discussed “Breathometer,” his worst investment yet. The business made history in 2013 when it got investments from all five Sharks, including Daymond John, Cuban, Robert Herjavec, Kevin O’Leary, and Lori Greiner. Charles Michael Yim founded the business, which sold a breathalyzer that connected to a smartphone.