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Mark Cuban says “I’m Out”; Cuban to leave Shark Tank after season 16

Mark Cuban Bids Farewell to “Shark Tank” After Season 16

Billionaire entrepreneur and owner of the Dallas Mavericks, Mark Cuban, has announced his departure from the popular ABC reality series, “Shark Tank,” after the conclusion of its sixteenth season. Cuban revealed this decision during an episode of the Showtime podcast, “All The Smoke.”

In his statement on the podcast, the 65-year-old businessman stated, “It’s time,” marking the end of his longstanding role as one of the main investors on the hit series. Cuban has been a prominent figure on “Shark Tank” since joining as a guest star in its second season. The show, created by Mark Burnett, has been a favorite among viewers since its premiere in 2009, providing a platform for aspiring entrepreneurs to pitch their business ideas to potential investors, or “sharks.”

Alongside Mark Cuban, other longstanding shark investors on the show include Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O’Leary.

Cuban expressed his fondness for the show during the podcast, emphasizing its role in promoting the American Dream and inspiring generations of entrepreneurs. “I love it because it sends the message the American Dream is alive and well,” he said. Reflecting on the impact of “Shark Tank,” Cuban mentioned how the show has influenced multiple generations of entrepreneurs, showcasing that individuals from various backgrounds can achieve success through determination and innovation.

When discussing his investment approach on the show, Cuban highlighted the importance of evaluating the entrepreneur’s character rather than just the product. “I just listen to them. You can just tell,” he explained, emphasizing the significance of body language and the genuine passion of the entrepreneurs. Cuban shared his rule of thumb: “The longer the back story, the worse the deal,” emphasizing the importance of focusing on the business idea and its potential for success.

As Mark Cuban bids farewell to “Shark Tank” after an impactful tenure, fans of the show will see a shift in the dynamic of the investor panel in future seasons. Cuban’s departure marks the end of an era for the popular reality series, leaving viewers and aspiring entrepreneurs to anticipate the changes that will come with the arrival of new investors in the tank.

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Ruben Jay
Ruben Jay
Ruben Jay is an American broadcaster, media blogger, and podcast host. Currently, Ruben is the President of MultiMediaMouth.com and the executive producer and host of the popular podcasts You’re My Best Friend and ON AIR with Ruben Jay, exclusively on MultiMediaMouth.com. Follow Ruben on Instagram, Twitter, and Tiktok @TheRubenJay.

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