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Mark Cuban Dips back into Shark Tank
Mark Cuban must have smelt blood in the water because he’s going to be back for another season of ABC’s Shark Tank. In its second season, Dallas Mavericks owner Mark Cuban appeared in three episodes of the reality series as an investor on the the shark panel. He proved to be quite popular and has now signed on to appear in the majority of the third season, specifically 10 out of the 13 episodes, according to Entertainment Weekly. The young billionaire should bring about the same charisma as before while he outbids the other investors.
For those that don’t know, each episode of Shark Tank features a series of investment proposals from various entrepreneurs to this shark panel, consisting of well knowledged business type people. The entrepreneur makes a request for a cash investment in exchange for a percentage of owner ship in the business. He or she must give a description of their product and some kind of business plan in order to sway any potential investors. The panel members may ask questions and cannot make offers for less than what the entrepreneur asks for. They can negotiate and decide to not invest. The show is not about competition; each investment opportunity is considered independently.
The show was created by Mark Burnett (Survivor, The Apprentice) and is mostly based on the UK version Dragon’s Den. There are many international versions. US panel members Robert Herjavec and Kevin O’Leary have appeared on the Canadian version. Jeff Foxworthy has appeared as a guest investor during the second season.