So he's not a brilliant investor? What a surprise. No one really is, it's

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Jan 24, 2023
9:51:04am

Mitty All-American

So he's not a brilliant investor? What a surprise. No one really is, it's

mainly just dumb luck when people get something like that right.

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Mitty

Previous username: ArchbishopMitty
Bio page: Mitty
Joined: Nov 16, 2012
Last login: May 4, 2024
Total posts: 12,834 (4 FO)

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Messages

Author

Time

Mark Cuban claims that overall he's lost money on his shark tank investments - (language) Pretty crazy if true. These

HarlemCoug I should know better

1/23/23 4:41pm

Last time I looked only 25% of VC funds have beat the market in the recent past.

CrimWalCoug

1/23/23 4:44pm

And that should surprise us?

Archaea

1/23/23 4:44pm

He said the market would crash when Trump was elected. He probably

BYU71

1/23/23 4:46pm

Maybe he's bad at investing. He started with $17B and now has $14B. Still a lot

Benfica1

1/23/23 5:24pm

I remember reading a lot companies/sharks back out of deals

violetjazz

1/23/23 4:46pm

Yep…I get the impression Damon is tired of that. He calls them out on it all the

cougarim

1/23/23 4:51pm

*Daymond

garyfan

1/23/23 4:57pm

I never see him invest anymore. Cuban seems to be the only one that invests

Chefcurry

1/23/23 5:23pm

Mr. Wonderful almost always makes an offer.

ochobeeguy

1/23/23 6:28pm

That’s because his are usually only risk free with royalty deals until he

Chefcurry

1/23/23 6:43pm

I bet his fees for appearing on the show more than make up for it.

garyfan

1/23/23 4:47pm

But completely overshadowed by how much he’s made from the show itself.

Bluforever

1/23/23 4:48pm

Good point.... Anyone have any idea how much he's made from his TV contract?

HarlemCoug

1/23/23 4:59pm

I don’t but he’s an exec producer plus personality.

Bluforever

1/23/23 5:09pm

looked up, in 2016 estimated $50k per episode!

calblue

1/23/23 5:11pm

As a guest judge. So how much as a producer where the real money sits

Nat Gas Man

1/23/23 5:40pm

Wouldn’t surprise me. I’ve never seen a shark tank product in the wild.

JuicyJam

1/23/23 5:08pm

Scrub Daddy and Ring (no one invested in) are the two I know of

violetjazz

1/23/23 5:13pm

Those are the only two I know are actually popular. And I didn't count Ring

JuicyJam

1/23/23 5:15pm

Yea scrub daddy or squatty potty is probably the most successful ones

Chefcurry

1/23/23 5:24pm

Myostorm massage ball. Based out of Springville. Founded by couple Y grads

Bluforever

1/23/23 5:15pm

Never seen one in real life. Wouldn't buy.

JuicyJam

1/23/23 5:18pm

They sell lots of them.

Bluforever

1/23/23 5:59pm

Kodiak Cakes (although owner didn't accept deals)

1/23/23 7:45pm

There’s a theme to the companies on the show, and it’s generally gimmicky

RevolutionDeathsquad

1/23/23 5:33pm

I always thought that had something to do with sharks in the ocean.

Belboz

1/23/23 5:50pm

So he's not a brilliant investor? What a surprise. No one really is, it's

Mitty

1/24/23 9:51am

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