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Mark Cuban just invested $550,000 in a vegan dog treats company on 'Shark Tank'

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Mark Cuban just invested $550,000 in a vegan dog treats company on 'Shark Tank' via CNBCMakeIt

Many entrepreneurs who walk into the tank on ABC's"Shark Tank" with sky-high valuations climbing into the millions are often confronted with raised eyebrows, lots of questions and much push-back from the sharks. On Sunday's episode of the show, a vegan dog treat company did just that. But this time, it scored a whopping half a million dollars worth of investment from Mark Cuban.

The sharks stopped Bethencourt in his tracks when they asked how he could value the company at $11 million if they hadn't even released the product commercially yet. Bethencourt explained to the sharks they did a lot of research and development to ensure the product will be a success. He said that the company has taken in a total of $4 million in investments so far, including one from billionaire Peter Thiel.

Daymond John, an investor in grain-free, natural dog food company TurboPup — also said he was out, but did leave Bethencourt with one piece of advice:"In the interest of America, I don't want you to ever, ever, ever, ever, ever, ever, ever, ever publicly give that valuation again," he said."Because you're ruining people."

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MakeIt Dogs should only be eating raw meat! Wtf

ConwayShow MakeIt Nobody ever went broke underestimating the intelligence of the public.

MakeIt Definitely a huge market for vegan foods, including dog foods & snacks. Smart investment

ConwayShow MakeIt Some dogs will eat cat turds. So I’m not surprised there might be a market for this. They’ll eat anything.

MakeIt I don't know what is a dog in the food family, are they ominvourous? Scavenger/carnivore?

ConwayShow MakeIt Why does Mark Cuban hate dogs?!? They are freaking CARNIVORES. Please, Mark, do the right thing. Give ME your money.

MakeIt A vegetarian Dog. Poor Dogs

MakeIt vegancat joerogan

MakeIt vegancat really? Now gonna be vegandog. Ridiculous! People are messed up in the head.

MakeIt Is he seriously taking the piss ? Vegan dog treats Dogs are Carnivores not bloody vegans ! Why not invest your money into a bloody hospital to allow them to buy much needed medical equipment rather then a company that will end up as just another fad in a years time !

MakeIt So dogs aren’t herbivores, in case you were wondering.

MakeIt Not bad, 'vegan' treats. Everyone needs balance.

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Tech billionaire Mark Cuban: 'If I were to start a business today,' here's what it would beTech billionaire Mark Cuban: 'If I were to start a business today,' here's what it would be via CNBCMakeIt MakeIt Please stop posting about these Shark Tank celebrities. Post real news. MakeIt It's this... 'If I were going to start a business today, I’d build it around Alexa and Google Home.' MakeIt
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