Shark Tank's beloved Mark Cuban is known for his appearance on the show since season 2 back in 2011. This 66-year-old businessman, investor, and TV personality is the proud minority owner of the NBA's Dallas Mavericks.
Cuban has spent more than four decades in the industry, and he ensures that he doesn't keep his knowledge and experience to himself. From being a family man to being a shark on America's favorite show, he talks about everything he has done in his professional career over the years.
Mark Cuban talks about the value of Shark Tank
In a podcast with columnist Jules Terpak, Mark Cuban had an elaborate conversation around the evolution of the tech industry.
During the podcast, Terpak talks about Mark Cuban finishing the shoot for his last season on Shark Tank. As he has decided to leave the show, Terpak asks him about the value of being a part of the show for the past 15 years.
When asked if he hadn't profited on Shark Tank, Cuban explains,
"Two different things, right? So...um...yeah, because when I was on the Nelk Boys, right, they asked me if I made money, and I'm like, on a cash basis, no! So most venture capitalists, they market to market."
He further added,
"On a cash basis, because I have companies that are still growing, you know. Companies are growing, and they're raising more money and expanding cash. They're not cashing out to their investors at all, so it's not a bad thing at all, but people like to make that into a big deal."
When asked about the value of Shark Tank and how it's educated and inspired people, the OG investor said,
"That's why I do the show I don't do the show because, hey, I'm getting great investments, and I can make a lot of money. It's just, you know, a couple of them turn out really, really well... but it sends a message the American dream is alive and well. If you've got kids in classrooms or, like yourself, watching it and talking about it, that's insane."
Cuban continued,
"I remember when I came on the show as a guest, it was on ABC, but it bounced around from like Tuesday nights to Sunday nights to Friday nights. I'm like, this show is not going to last. I'm just going to go on there and have a great time, you know. Business show...who wants a business show? Then they moved us to Friday nights, which was the death night for, um… for broadcast television and we all thought it was dead but boom it started clicking with families and we were like one of the top two shows watched by families together on all the television and it just blew up."
Mark Cuban said as he recalled the boom of Shark Tank and how it went from a flop to a hit show in America.