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Mark Cuban Hints That This One Mistake Has Killed Too Many Shark Tank Deals: 'Thought They Were Profitable And They Weren't'

Benzinga LogoBenzinga12h ago

Mark Cuban Hints That This One Mistake Has Killed Too Many Shark Tank Deals: 'Thought They Were Profitable And They Weren't' - Benzinga

Quick Summary:

Billionaire entrepreneur Mark Cuban has sounded the alarm on a financial blind spot that he says has quietly derailed more "Shark Tank" deals than most entrepreneurs realize.

What Happened: Speaking at SXSW on Tuesday, Cuban shared a hard-earned lesson from years of vetting companies on the hit show: many small business owners think they're profitable — but when the numbers are scrutinized, they're not.

He stated that many entrepreneurs get caught up in the excitement of selling or building a brand and ignore the financial foundations.

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Mark Cuban Hints That This One Mistake Has Killed Too Many Shark Tank Deals: 'Thought They Were Profitable And They Weren't' - Benzinga (Picture 1)

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Article Details

Author / Journalist: Ananya Gairola

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 05:09:21 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 486 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26939340

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 13 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #53

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