'Shark Tank': Why Mark Cuban invested $500,000 in this invention that helps stop snoring via CNBCMakeIt
The benefits of getting quality sleep are well-known and touted by moguls from Jeff Bezos to Richard Branson. And on Sunday's episode of"Shark Tank" on ABC, Mark Cuban — who is interested in health and wellness — was so impressed by an invention to help improve sleep, he invested half a million dollars.
And that's no small market: About 40 percent of adult men and 24 percent of adult women are habitual snorers, which can take a toll on relationships with sleeping partners and also cause a litany of health issues. Plus, the strips are beneficial to non-snorers too, because nose-breathing has benefits like helping to achieve a deeper sleep, according to the company.
"Good for you for doing that," Cuban says."Most companies won't invest that, and they'll just wing it." But Barbara Corcoran isn't sold, and actually sees spending that much money on the product as a negative.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'Shark Tank': Chemist's water filter invention was inspired by Flint—Mark Cuban invested $400,000This chemist and PhD built and donated high-capacity water filters to Flint, Michigan during the drinking water crisis. The experience gave him an idea for a better water filter that he pitched on Shark Tank.
Consulte Mais informação »
'Shark Tank' star Kevin O'Leary: Here are 3 simple ways to save extra moneyThe 'Shark Tank' star says this is what 'I've learned to do, and what has really helped me in maintaining growth in my own personal investing....'
Consulte Mais informação »
'Shark Tank' star Kevin O'Leary has an unusual splurge: $120 luxury underwearHere's what each of the castmates of 'Shark Tank' often splurge on. via CNBCMakeIt
Consulte Mais informação »
12 'Shark Tank' rejects that became super successfulThe island of 'Shark Tank' rejects might be an even more interesting place than its hall of fame.
Consulte Mais informação »
Billionaire 'Shark Tank' star Mark Cuban says he was once too broke to even open a bank accountToday it's hard to imagine 'Shark Tank' star Mark Cuban, who has a net worth of $4.1 billion, being so broke. But when he moved to Dallas after college, he had only $60 to his name.
Consulte Mais informação »
This was Mark Cuban's 6-figure splurge after he became a millionaire'Shark Tank' star and billionaire Mark Cuban says the purchase of an American Airlines unlimited flight pass was one of the best business decisions he ever made, and one of the most fun.
Consulte Mais informação »
Sanders’ clash with liberal think tank highlights divides in Democratic PartyThe president of a liberal think tank responded to criticism from Bernie Sanders, the latest development in the biting back-and-forth between the progressive presidential candidate and an organization with ties to Hillary Clinton
Consulte Mais informação »
Marvel, demolition by tank, ‘Alien’ returns: News from around our 50 states
Consulte Mais informação »
Satellite images may show reprocessing activity at North Korea nuclear site: think tankSatellite images from last week show movement at North Korea's main nuclear...
Consulte Mais informação »