Mark Cuban has spent a lot of his own money during his 14 seasons on Shark Tank. So, which is his favorite investment?
Today, when he was on Good Morning America, George S. asked him that question and a few others.
Cuban’s favorite investment has thrown his money down the toilet. That is because it is Dude Wipes. You know, baby wipes for big babies, I mean men.
It sounds like a silly product, but they have made almost $100 million so far. Not bad!
When it comes to the most memorable pitch, it is a silly one. It was a cat tongue brush that you put in your mouth to brush your master. What made it so memorable is that Robert Herjavec tried it on a kitty, and he hasn’t lived it down.
What is the one that got away? That title belongs to Spike Ball. It annoys him every time he sees his friends’ kids play it.
What is he looking forward to now that his time is done on the ABC show? Spending time with his family! I wonder if they can say the same thing. Joking. Of course, they can. He doesn’t have to call himself Mr. Wonderful to be Mr. Wonderful.
Shark Tank returns to ABC on Friday for Cuban’s final season.
Last season, Mark Cuban announced that he would be leaving Shark Tank at the end of this season. That means ABC needs to find a replacement Shark, and it appears that they found it in Kind Snacks’ founder, Daniel Lubetzky, who has been promoted to a regular Shark.
“As a guest Shark for the past five seasons, Daniel has earned his spot with the Sharks,” says executive producer Clay Newbill. “He is a self-made founder of a multibillion-dollar company, has all the qualities we look for in a Shark, and possesses an authentic desire to help entrepreneurs grow their businesses. Daniel is a welcome addition to our panel, and we look forward to working with him for many seasons to come.”
While Lubetzky has been promoted from guest to full-time Shark, these are the moguls who are still guests for the Sweet 16 season: Todd Graves, Forbes Billionaire List, owner and founder of Raising Cane’s; Jamie Kern Lima, co-founder of IT Cosmetics and host of The Jamie Kern Lima Show; Rashaun Williams, venture capitalist, Atlanta Falcons limited partner and financial literacy activist; and returning Guest Shark Kendra Scott, philanthropist and founder behind the eponymous global lifestyle brand, Kendra Scott.
Shark Tank is back with new episodes on October 18th.
ABC sent all of their unscripted series to Hollywood, and seven of them made it to the 2024-2035 season.
The lucky seven are American Idol (season 8 on ABC and 23rd overall), The Bachelor (season 29), and Celebrity Jeopardy! (season 3), Celebrity Wheel of Fortune (season 5), Dancing with the Stars (season 33), Shark Tank (season 16), and What Would You Do? (season 17).
ABC is going to be busy this summer looking for a replacement for Katy Perry, who is leaving American Idol at the end of this season. The network also needs to start looking at who can fill Mark Cuban’s wallet because the mogul announced that next season will be his last on Shark Tank.
Mark Cuban made a huge announcement on the All The Smoke podcast: the entrepreneur is leaving Shark Tank at the end of next season. The series he has been on since the second one.
“It’s time. But I love it because it sends the message the American dream is alive and well,” he said. “I feel like in doing Shark Tank all these years. We’ve trained multiple generations of entrepreneurs. That if somebody can come from Iowa or Sacramento or wherever, and show up on the carpet of Shark Tank and show their business and get a deal that is going to inspire generations of kids. That’s what happens, right? So now we’ve got people coming on saying I watched you when I was 10 years old, 15 years ago, I’m like, fuck. But we’re helping them, right? I’ve invested in, I don’t know how many hundreds of companies. On a cash basis, I’m down a little bit, but on mark-to-market, meaning the companies are still in operation, I’m way up.”
So, if you want a deal with him next season, he told Matt Barnes & Stak what he is looking for. Don’t try too hard to sell your product. Don’t have a long backstory. And finally, come up with something he wishes he had thought of before you pitched it to him. If you can do all of that, you might have him as a partner.
And who doesn’t want to partner with him? Because of that, I wonder if Shark Tank can go on without him because he is the heart of the series. Plus, the other five aren’t as charismatic as him or a reason to tune in.
Therefore, if ABC is going to replace him, they better get someone as likable as him because Daymond John and Robert Herjavec are not enough of a draw.
Tell me if you are going to miss him in the comments.
Oh, the horror! Shark Tank is getting into some scary business this season because they asked Jason Blum to be a guest Shark, according to Deadline.
Blum is the CEO of Blumhouse, whose studio has brought us movies like M3GAN, the last three Halloween movies, Happy Death Day and its sequel, and Jem and the Holograms, to name a few.
The article did not say when he will appear on the show, but I am assuming the week of Halloween. Although, he has two movies coming out in October, The Exorcist: Believer on the 6th and Five Nights at Freddy on the 27th.
Other guest Sharks this season include Fanatics chairman & CEO Michael Rubin; Candace Nelson, founder of Sprinkles Cupcakes and CN2 Ventures and Pizzana co-founder; Emma Grede, CEO and co-founder of Good American and founding partner of Skims. Daniel Lubetzky, founder of Kind Snacks, Camino Partners and Starts With Us.
Shark Tank is back with all new episodes on September 29th.
