Elon's Next Millionaire-Making Project?

This could create more wealth than all of his previous ventures... combined.

Dating Coach Shares Why She Walked Away From a Deal With Mark Cuban

Bibhu Pattnaik
January 19, 2025

Blaine Anderson, the CEO of online dating coaching company Dating by Blaine, has detailed why she declined an offer from billionaire Mark Cuban after initially accepting the deal on “Shark Tank.”

What Happened: Anderson’s company, which provides online dating courses and personalized coaching, was pitched on the ABC reality TV show. Anderson initially sought $100,000 for a 2% stake in her company, which would have valued it at $5 million.

Founded in 2020 after Anderson lost her job due to the pandemic, the company has since generated over $2.2 million in sales, with a profit of around $500,000 on sales worth $1 million in 2022.

According to a report by Business Insider, despite initial interest from the Sharks, Anderson’s inability to provide detailed revenue breakdowns led to some Sharks dropping out.

However, with assistance from Shark Barbara Corcoran, Anderson struck a deal with Cuban for $100,000 in exchange for a 10% stake, reducing the company’s valuation to $1 million.

Although the deal was agreed upon on the show, Anderson later decided not to proceed with Cuban’s investment, citing the complications of having an external investor as the reason for her decision.

Also Read: Mark Cuban Advocates Bitcoin Over Gold During Economic Turmoil: ‘I Think It Has More Value Than Gold’

“Mark is down to earth, easy to work with, shockingly accessible, super smart, and funny. He cares about his entrepreneurs, and I’d be glad to work with him someday,” she said.

Why It Matters: Anderson’s decision to reject Cuban’s investment highlights the challenges faced by entrepreneurs when considering external investments. While such investments can provide much-needed capital, they can also introduce complexities and potential conflicts of interest.

Anderson’s experience also underscores the importance of entrepreneurs being able to provide detailed financial information about their companies. Her inability to provide a detailed revenue breakdown was a significant factor in some Sharks’ decision to drop out.

Despite the setback, Anderson remains optimistic about the future of her company and expressed a desire to work with Cuban in the future. Her experience serves as a reminder to other entrepreneurs of the importance of being prepared and understanding the potential implications of external investments.

Read Next

Mark Cuban on Selling Dallas Mavericks Stake: ‘I Didn’t Want My Kids Feeling the Pressure of Walking Into My Spot’

Image: Shutterstock

Popular

Chaos at Justice Department as Trump-Backed Officials Push To Drop Corruption Case Against NYC Mayor Adams

The Justice Department is in crisis after Trump-appointed officials pressured attorneys to drop a corruption case against NYC Mayor Eric Adams, sparking mass resignations.

South Carolina treasurer calls questions of his role in $1.8 billion accounting error a witch hunt

COLUMBIA, S.C. (AP) — South Carolina Treasurer Curtis Loftis said Wednesday that calls for him to resign over that left the state trying to figure out what happened to a $1.8 billion fund amounted to a witch hunt.

Get Your Piece of the $5.39 Billion by March 25... - Ad

Once you hear more about what these AI firms have been up to...You'll feel like you're owed the $3,452.50 that is being paid out to folks like you every month. The opportunity to grab the next payout ends on March 25 -- so be quick.

A food bank netted a huge haul of 13,000 fresh salmon. The catch? The fish were still alive

AUBURN, N.Y. (AP) — A New York food bank was offered a huge donation of fresh fish this month — but it came with a catch.

Live Demo: New Tech to Surpass AI? - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Edmunds' hybrid SUV test: 2025 Hyundai Tucson Hybrid vs 2025 Toyota RAV4 Hybrid

Hybrids are hot right now, and you have lots of choices if you’re considering a hybrid SUV. For years, the Toyota RAV4 Hybrid has been the go-to model for hybrid SUV shoppers.

Asset allocation when you have enough

I recently chatted with a retired couple who were looking for a second opinion about their portfolio’s . The key question: Is 65% in stocks too high for someone in their situation? Here, I’ll walk through some ideas about how to think through these issues.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Tesla, Meta, Microsoft, IBM, Nvidia: Why These 5 Stocks Are On Investors' Radars Today

On Wednesday, January 29, 2025, TSLA, META, MSFT, IBM, NVDA were among the stocks that dominated investor attention on the day Federal Reserve chose to keep the interest rates steady.

Did DeepSeek copy ChatGPT? Trump adviser thinks so

Did the upstart copy ChatGPT to make the artificial intelligence technology that this week?

Trump Could Make Surprising Tech Announcement Any Day - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

ETFs Benefit From Egg-Straordinary Surge In Grocery Prices

Investors can consider ETFs like PBJ and PSCC, which are well-positioned to benefit from ongoing inflation trends.

Shipments of uranium ore can resume under agreement reached with the Navajo Nation

Shipments of uranium ore from just south of the Grand Canyon are expected to resume in February after the Navajo Nation reached a settlement with the mining company, clearing the way for trucks to transport the ore across the largest Native American reservation in the U.S.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Kansas City Battles Major Tuberculosis Outbreak, 67 Active Cases, Hundreds Under Watch

Kansas City faces one of the worst U.S. tuberculosis outbreaks, with 67 active cases and 384 people under monitoring.

Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and NARI Deal Set to Drive Future Growth

Wall Street analysts upgraded Stryker Corp (NYSE: SYK) after its Q4 report beat expectations, with strong sales and earnings growth projected for 2025.

Legendary Wall Street Stock Picker Names No.1 AI Stock of 2025 - Ad

Marc Chaikin's system has detected another bewildering trend in the U.S. stock market. And he says this stock could shoot sky-high in the new year as a direct result. To hear it for yourself, click here. You'll get this stock's name and ticker symbol, absolutely free.

Chubb CEO Expects $1.5 Billion Loss From LA Wildfires: 'California Is A Difficult Market For Insurance Companies'

Chubb held its fourth-quarter earnings call on Wednesday and addressed the future financial impacts resulting from the recent California wildfires. 

More AI Patents Than Nvidia, OpenAI and Tesla Combined? - Ad

Most people have no idea this company exists. That's because it's on the inside of your smartphone, your computer, and everything else... 99% of Americans don't even know its name. Billionaires have been buying this $50 AI stock hand over fist...

Coinbase Taps Trump's Campaign Manager, Chris LaCivita To Tackle Crypto Policy In Washington

Coinbase adds former Trump campaign manager and Senator Sinema to advisory team, highlighting crypto's efforts for influence and clear regulations.

Gary Black Calls Tesla's Austin Robotaxi Launch By June 'Most Bullish' Takeaway, But Wants Answers On Auto Margins And Next-Gen EV

Tesla Inc. bull Gary Black highlighted the company's planned autonomous ride-hailing service in Austin as a significant development while expressing concerns about automotive margins and the forthcoming affordable electric vehicle's design.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

White House blocks AP reporter from Trump-Modi news conference because of Gulf of Mexico fight

The White House blocked an Associated Press journalist from covering a news conference with two major world leaders Thursday, upping the stakes in a disagreement between the news agency and the Trump administration over AP's style decision to stick with the name “Gulf of Mexico” for the body of water that the president rechristened the “Gulf of America.”

US cyber agency's future role in elections remains murky under the Trump administration

WASHINGTON (AP) — The nation’s cybersecurity agency has played in helping states shore up the defenses of their voting systems, but its election mission appears uncertain amid sustained criticism from Republicans and key figures in the Trump administration.

The Top AI Investment of 2025 (And It's Not AI) - Ad

Because this "Miracle Metal" is not only 400 times stronger than steel... Weighs 85% less...And it conducts electricity better than copper... But it's poised to solve a $267 billion flaw threatening artificial intelligence as a whole... and could stop development in its tracks.

Judge Blocks Trump's Order To Freeze Federal Grant Money

A federal judge in the District of Columbia on Tuesday afternoon temporarily blocked an executive order given by President Donald Trump that imposed a freeze of all federal grants and loans, putting $3 trillion in funding in jeopardy and entire industries on edge. 

The Elon Shock - Ad

All of Elon Musk's strange behavior in recent times is starting to make sense. His feuds with other leading technologists like Sam Altman and Bill Gates has all been building up to what he's been planning in Washington. It's a fascinating new financial story that some say could change life in America forever.

Dan Ives Expects Meta And Microsoft To Stand Firm On $60 - $80 Billion AI Spending Plans Amid DeepSeek's Disruptive AI Model

Wedbush Securities analyst Dan Ives expects Meta Platforms Inc. and Microsoft Corp. to stand firm on their ambitious artificial intelligence spending plans during their upcoming earnings calls, despite recent market jitters over Chinese AI startup DeepSeek's emergence.

'Mona Lisa' will get its own room under a major renovation of the Louvre

PARIS (AP) — French President Emmanuel Macron announced Tuesday that will get its own dedicated room inside the Louvre museum under a major renovation and expansion of the Paris landmark that will take up to a decade.

Trump Could Make Surprising Tech Announcement Any Day - Ad

Elon Musk is heavily invested in a cutting-edge new technology. In fact, Musk has turned the new president on to this breakthrough. And President Trump could make an announcement any day that could spike the price of stocks in this sector.

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter.

This Is the "New" Gold -- "MIT Miracle Metal" - Ad

MIT scientists just developed a brand-new metal... A metal that's shaping up to be, not only the biggest breakthrough in artificial intelligence... but in human technology. It's so valuable that some are referring to it as the "new gold".

What's Going On With Lucid Stock Today?

Lucid Group reports the launch of its Lucid Gravity Grand Touring in Canada, showcasing impressive specs and charging capabilities.

3 ETFs Shine As Trump's First Week Sparks Record Gains Followed By Tech Slump

The S&P 500 had a strong first week, with ETFs such as SPY, VOO and IVV seeing gains. Were Trump's economic policies a factor?

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

Meat and greet: Historic London market counting down the years

LONDON (AP) — Norman Gregory is an institution within an institution. He’s been working at the historic Smithfield wholesale meat market in central London since 1961, witnessing first hand the rapid transformation of the capital over the decades.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service