Mark Cuban hates golf—but still offered this golf company $1 million on ‘Shark Tank'

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

News News

United States United States Latest News,United States United States Headlines

Billionaire investor and entrepreneur Mark Cuban offered San Francisco-based BucketGolf an unexpected investment on Friday’s episode of ABC’s…

The San Francisco-based company BucketGolf, run by brother-and-sister duo Tyler and Jenny Simmons, sells a game that resembles golf, with foldable buckets as holes that can be placed wherever the players choose.The company was on track to bring in more than $12 million in 2024 sales at the time of the episode's taping, said Tyler Simmons, the company's CEO and founder — up from $5.9 million in 2023 and $2.5 million in 2022.

Former Apple exec felt ‘incredibly insecure' switching industries—her No. 1 piece of advice for gaining confidence in a new job "I don't say I hate golf — I haven't tried it enough. I hate the concept of it," John told the BucketGolf duo."But this, I can actually see that I would like it, that I can say to my friends and family, 'Come on over. We'll play that.'", spoke up last — offering the siblings $1 million for 15% of BucketGolf, noticeably less equity than his peers wanted."He always undercuts us. He sits and waits until the last moment," Greiner quipped.

"I agree. That's why I made the offer," Cuban told the Simmonses. He seemed ready to stand firm until Greiner jumped in and agreed to the siblings' desired terms. Cuban chose to match it, and the siblings ultimately accepted Cuban's offer.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 319. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Mark Cuban offered a golf company $1 million on ‘Shark Tank'—even though he hates golfBillionaire investor and entrepreneur Mark Cuban offered San Francisco-based BucketGolf an unexpected investment on Friday’s episode of ABC’s…
Source: nbcchicago - 🏆 545. / 51 Read more »