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Mark Cuban to Depart ‘Shark Tank’ After Season 16

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Mark Cuban to Depart ‘Shark Tank’ After Season 16

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It is the top of an period for billionaire and “Shark Tank” star Mark Cuban. The Mavericks proprietor introduced he’ll depart ABC’s hit present after Season 16 subsequent yr.

Showing on the “All of the Smoke” podcast hosted by former NBA stars Matt Barnes and Stephen Jackson, Cuban revealed that he had yet one more season left in him earlier than he departs the present for good.

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“That is our fifteenth yr. Subsequent yr, our sixteenth yr, is [going to] be my final yr, so I received yet one more yr to go,” he mentioned. “It is time.”

Cuban mentioned the longevity of the present and the real-life success tales which have helped entrepreneurs and their companies flourish.

“I really feel like in doing ‘Shark Tank’ all these years, we have skilled a technology of entrepreneurs, a number of generations of entrepreneurs that if any individual can come from Iowa or Sacramento or wherever, and present up on the carpet of ‘Shark Tank’ and present their enterprise and get a deal, it’ll encourage generations of children,” he mentioned. “That is what occurs, proper? Now we have got individuals approaching [telling me] I watched you after I was 10 years previous.”

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Cuban has been a staple on the present since 2011, although it initially premiered in August 2009. The billionaire has since invested not less than 85 firms which have pitched for investments.

ABC didn’t instantly reply to Entrepreneur’s request for remark.

Mark Cuban can also be the proprietor and CEO of healthcare firm Price Plus Medication and has an estimated web value of $6.42 billion, per Bloomberg.

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