Mark Cuban’s $ 300,000 toilet paper deployment now earns $ 200 million annually – these 5 bets on the shark tank made him millions

Mark Cuban’s $ 300,000 toilet paper deployment now earns $ 200 million annually – these 5 bets on the shark tank made him millions

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Mark Cuban Just swam his last round in Shark Tank. The last episode of the billionaire was broadcast on Friday and closed a 15-season point in the show to spend more time with family. Although not all 200 200-plus deals of Cuban in the show have paid off, a handful of enormous successes became. Here are five who made him seriously money.

Guy wipes

Cuban took a 25% interest in Dude Wipes in 2015 during season 7 of Shark Tank for $ 300,000. The fluble wipes brand has since collected more than $ 200 million Annual incomeAccording to Wsj. Cubaan even has publicly in 2021 in one interview With CNBC that the company is one of his favorite investments, and adds that the startup “takes over” and “the category of toilet paper”.

Tower paddle boards

Tower Paddle Boards landed a $ 150,000 deal from Cuban for 30% equity in 2011 in what was at that time only the third season of Shark Tank. Since then, Cuban’s growth has paid more than $ 1 million in dividends. The company’s flagship product is inflatable paddle boards, but now also sells hard paddle boards, inflatable docks and lifestyle products that are intended for the beach.

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Nuts more

Nuts’ n more Haperd An investment of $ 250,000 from Cuban for 35% of the company in 2013. Cubaan thought it was great that it was bothering his sweet tooth without guilt: “I am always looking for foods that resolve my sweet tooth and be healthy. This company fitted in perfectly with that account,” he told the Dallas Business Journal. The peanut butter company passed on average $ 6 million In the annual turnover, according to Food Republic.

Simple sugars

Skincare Startup simple sugars attracted Cuban’s eye in 2013 and landed $ 100,000 for a third equity. Cuban checked in on the brand in an episode of 2018 “Beyond the Tank”, where Lazzari said her new goal was to be a $ 30 million company. Cuban called Lani Lazzari a “mini-me” Hustler, and by 2023 the company was $ 5 million in annual income, according to Shark Tank Recap, a website that keeps track of companies that are demonstrated in the show.

Prep expert

When PrEP Expert (formerly 2400 Expert) threw his SAT/ACT Test PrEP Business in 2016, Cuban jumped in with an range of $ 250,000 for 20%. The company’s turnover increased from around $ 1 million to around $ 5 million a year. Cuban told Inc.com in 2016 that he “has”Still to fail“At cooperation with determined entrepreneurs such as founder Shaan Patel.

Photo with thanks to: Kathy Hutchins on Shutterstock.com

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