Mark Cuban offered $400,000 to a 'Shark Tank' startup he initially rejected—all because of his 2 daughters and wife (via CNBCMakeIt)
Mark Cuban typically only invests in companies if he can see himself — or his NBA team, theOn Friday's episode of ABC's "Shark Tank," he made an exception on behalf ofand his wife, making a $400,000 investment deal with San Francisco-based makeup company Youthforia.
The Sharks loved the strategy and seemed sold on Co Chan, a Dartmouth University graduate who left the tech field to create makeup people could sleep in — but they were less sold on the product. It didn't have the intended effect. Both Cuban and Barbara Corcoran — the only other remaining investors — said they were confused why she needed more shades when her viral product already adjusted to any consumer's skin tone.
O'Leary countered with 10% and a $1 royalty until he made back $800,000, double his initial investment.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Mark Cuban found a car abandoned on the side of the road — and got it for free with a simple phone callWhen Mark Cuban was in his 20s, he had some money-saving ideas. Getting a car for free wasn't on his list — until he found one on the side of the road.
Read more »
How Mark Cuban Got a Car for Free That He Found on the Side of the RoadWhen Mark Cuban was in his 20s, he had some money-saving ideas. Getting a car for free wasn’t on his list — until he found one on the side of the road.
Read more »
While others eye lottery, Spurs focus on development in final weeksDevin Vassell’s determination to return after knee surgery represents team’s anti-tank...
Read more »
Tank Town USACrushing cars, driving tanks, and operating cranes: Tank Town USA is southern Appalachia's best-kept secret.
Read more »
Tank Town USACrushing cars, driving tanks, and operating cranes: Tank Town USA is southern Appalachia's best-kept secret.
Read more »
German Leopard and Panther tank-maker wants to build factory in UkraineInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »