After 12 years on Shark Tank, Mark Cuban, 65, is formally strolling away from the hit competitors collection. The billionaire appeared on the Showtime podcast All The Smoke on November 21 and candidly confirmed that Season 16 might be his final. “This is our 15th year,” Mark stated. “Next year, 16th year is going to be my last year. So I got one more year to go.”
Mark, who joined the collection throughout Season 2, admitted that it’s now “time” to exit the present. “I love it because it sends the message the American dream is alive and well,” he defined in the course of the interview. “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, it’s going to inspire generations of kids.”
The 65-year-old additionally went on so as to add that many viewers inform him that they’ve watched him on the present since they have been youngsters. “That’s what happens, right? Now we’ve got people coming on saying I watched you when I was 10 years old. I’m like, f***,” he continued. “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 meeting, the companies are still in operation. I’m way up.”
Although Mark introduced his departure from the ABC collection final week, the community has not launched an official assertion on the time of publication. Later, the Life Is Half Random creator went on to share what he appears for when somebody comes on the present asking for a deal. “I just listen to them. You can just tell. Body language matters, the harder they have to try to sell, the worse the deal … when someone walks in Shark tank, you can tell if they are trying too hard,” he stated. “I have this rule: the longer the back story, the worse the deal. The minute you start telling me how hard it was for you, it’s hard for every m************ entrepreneur, tell me about your business, tell me why you are going to be successful.”
The enterprise mogul has invested $19.85 million throughout 85 corporations throughout his time on the present, as reported by Parade. His web price in 2023 stands at $6.2 billion, nevertheless, he was reportedly price $4.6 billion in April, per Forbes. He can also be an creator with the next titles beneath his belt: How to Win on the Sport of Business, Kid Start-Up: How YOU Can Become an Entrepreneur, How Any Kid Can Start a Business, and others. Just a few of the opposite Sharks on the collection embody Barbara Corcoran, Lori Greiner, Kevin O’Leary, and extra.