Reported 14 days ago
In a revealing Q&A, Mark Cuban shared his biggest regret from Shark Tank involving a chocolate-covered pretzel company called The Painted Pretzel. After investing $100,000 for 25% equity, Cuban was initially encouraged by soaring sales post-episode. However, issues with free shipping that eroded profit margins and customer service complaints ultimately led to the company's downfall, resulting in Cuban's frustration and acknowledgment that the investment may have been a mistake.
Source: YAHOO