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In an episode of the preferred TV display “Shark Tank”, teenage entrepreneur Tania Speaks controlled to protected a $400,000 funding from billionaire investor Mark Cuban.
What Came about: Speaks, the founding father of Tania Speaks Natural Attractiveness, delivered a compelling pitch on a 2024 episode of “Shark Tank.” Her corporate specializes in skin care merchandise, a challenge she used to be impressed to begin because of non-public stories with bullying over her thick eyebrows.
As according to the record via CNBC, Speaks sought after $400,000 for a ten% funding in her corporate, and Cuban introduced the cash for a 20% stake. He additionally requested her to fulfill his daughters to speak about entrepreneurship.
“I would like my daughters to fulfill you, and I would like them to be told from you. Possibly you can even be informed one thing from them,” Cuban mentioned.
Tania agreed to fulfill them however countered with a fifteen% stake for an identical quantity. The fame investor authorised her be offering.
Additionally Learn: Cuban on Musk: ‘I Have No Downside Throwing Elon Underneath the Bus, however I’ll Save It for When It’s Really Deserved’
This emotional change underscored Cuban’s religion in Speaks as an entrepreneur, even if he doesn’t have prior revel in within the skin care trade.
Cuban additionally mentioned, “I noticed my daughters — and my son, for that topic — in her. If I will get her to connect with my children, that is extra essential than the cash concerned.”
Why It Issues: This isn’t the primary time Cuban has made an funding in accordance with emotional components. He up to now invested in 15-year-old Trey Brown’s clothes logo Spergo, showcasing his willpower to nurturing younger marketers.
Those investments spotlight Cuban’s trust in the potential for younger marketers and his willingness to give a boost to them, even in industries the place he lacks revel in.
This would encourage extra younger marketers to step ahead and pursue their goals, realizing that there are a success businesspeople like Cuban who’re keen to put money into their doable.
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