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Mark Cuban to Depart ‘Shark Tank’ After Season 16: Time to Move On

Billionaire venture capitalist Mark ‍Cuban bids farewell to “Shark Tank” after season 16

In a ⁤recent episode of the Showtime podcast,‌ “All The Smoke,” Mark Cuban revealed that he is leaving ⁢the popular ABC reality series, “Shark ‍Tank.” The 65-year-old owner of the Dallas Mavericks made ‌the ⁣announcement, stating, “It’s time” (via ‍ Deadline).

Having been⁢ one of the‌ main investors on the show since season 2, Cuban has played‌ a significant role in ⁢the success of “Shark ⁤Tank.” Created by Mark Burnett, the series allows aspiring ​entrepreneurs to pitch their business ideas to the “sharks” in hopes ⁣of securing an investment. Alongside Cuban, other long-time shark investors include Barbara‌ Corcoran, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O’Leary.

During the podcast, Cuban expressed his love for ​the show and its ability to inspire generations of entrepreneurs. He stated, “I feel like in doing ‘Shark Tank’ all these years, we’ve ⁣trained multiple generations of‍ entrepreneurs that if somebody can come from Iowa or Sacramento or wherever, and show up on the carpet of Shark‍ Tank and⁢ show their business and get a deal, it’s going to inspire generations of kids.”

When asked ​about his investment strategy on “Shark Tank,” Cuban emphasized the importance of evaluating the person behind the product. ‍He explained,⁢ “I just ⁤listen ⁢to⁣ them. You can just tell… ‌Body language⁣ matters, the harder they have to try to sell, the⁤ worse the deal… I ‌look ⁤for ideas like, damn, ⁤why‍ didn’t‍ I think​ of ​that.”

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