Mark Cuban Reveals His Worst Shark Tank Investment Ever Made Says ‘All Of The Money Is Gone’

Mark Cuban Reveals His Worst Shark Tank Investment Ever Made Says 'All Of The Money Is Gone'

Shark Tank made Mark Cuban one of the most beloved billionaires in the United States. So, it may come as a surprise to many of you that his investments in the popular show have not paid off.

Recently, the Dallas Mavericks owner announced the stunning news on the Full Send Podcast.

Mark Cuban served as a “shark” on the show for almost a decade, evaluating the business plans of aspiring entrepreneurs. According to CNBC, he spent $20 million on 85 firms and suffered losses across these investments. However, he regrets one particular investment.

Over the course of more than a decade on ABC’s “Shark Tank,” billionaire Mark Cuban has seen his fair share of successful and unsuccessful bets.

Cuban on his “Shark Tank” investments: “I’ve been beaten.”

Mark Cuban reveals his worst Shark Tank investment, says 'all of the money is gone'

Cuban’s surprising disclosure was made on the Full Send Podcast last week.

The host asked Cuban, “Are your ‘Shark Tank’ bets always profitable?” The millionaire said, “Like, financially up?”

He then went on to say, “Oh no, I’ve lost,” he said with a chuckle, implying that none of his investments in the show had yielded a return.

Over the course of more than a decade on ABC’s “Shark Tank,” billionaire Mark Cuban has seen his fair share of successful and unsuccessful bets.

Cuban stated last week on the “Full Send” podcast that he had made a net loss after spending roughly $20 million in 85 firms on “Shark Tank.” “I’ve been defeated,” Cuban said with a chuckle before revealing the worst investment deal he’s ever made: the Breathometer.

Also read: IncrEdible Eats Net Worth 2022 (Updated); What Happened To IncrEdible Eats After Shark Tank?

Cuban Also Identifies ‘breathometer’ As His Most Regrettable Investment

Mark Cuban Says This Was His Worst 'Shark Tank' Investment Ever: 'Next Thing You Know, All of the Money's Gone' – NBC 5 Dallas-Fort Worth

Charles Michael Yim, an entrepreneur, appeared on “Shark Tank” in 2013 to promote his invention, the Breathometer, as “the world’s first smartphone breathalyzer.” Yim impressed Cuban and the other Sharks by showing them a smartphone attachment that, according to him, could accurately measure blood alcohol concentration (BAC).

Yim gave the Sharks champagne glasses and then instructed them to blow into a smartphone-compatible plastic device. Yim said the device could send BAC readings to your phone and allow you to order a cab by pressing a button if your BAC level was too high.

In 2013, Charles Michael Yim presented the Breathometer on ABC’s “Shark Tank.”

Due to the persuasiveness of his argument, Yim became the first “Shark Tank” entrepreneur to convince all five sharks to make a combined investment. Cuban, Kevin O’Leary, Daymond John, Lori Greiner, and Robert Herjavec each put in $1 million for a 30% share, valuing Yim’s business at $3.35 million.

As Cuban stated this week, “It was a terrific product.” However, when I checked Charles’ Instagram, he was in Bora Bora… Two weeks later, he had been partying in Las Vegas and then on Necker Island…

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