ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

Mark Cuban offers a huge $500,000 deal to 'Shark Tank' constestants dressed as British Royalty

Cuban said no at first as the entrepreneurs revealed that guest shark Peter Jones was their favorite.
PUBLISHED JUN 1, 2025
Screenshots showing the entrepreneurs and Mark Cuban on "Shark Tank" (Cover image source: YouTube | Sony Pictures Television)
Screenshots showing the entrepreneurs and Mark Cuban on "Shark Tank" (Cover image source: YouTube | Sony Pictures Television)

In addition to a pitch and the numbers, investors on “Shark Tank” consider several factors, such as the sector they are acquainted with and their own personal beliefs and lifestyle choices, before backing a venture. But sometimes a shark can make an exception, and that's what Mark Cuban did for a British sibling duo, who pitched pre-cooked meals. As a proponent of healthy eating, Cuban said that he was out right at the start, but changed his mind later on and offered them a fantastic deal.

The entrepreneurs were Christopher and Jennifer Jane, who were seeking $400,000 for 10% equity in their company, Proper Good. The company makes healthy pre-cooked meals in packages that could be eaten on the go without even being heated. The entrepreneurs claimed that the products did not require refrigeration and that they were popular amongst truckers, nurses, or any professional who needed to have a hearty and healthy meal on the go.

The entrepreneurs were dressed like British royalty, which caught the attention of guest shark Peter Jones. They even said that he was their favorite shark. “Alright, I’m out,” Cuban said upon hearing this. But, the shark’s immense knowledge and experience in the healthy food space gave him the confidence to tackle the issues that the other sharks found a bit too challenging.

Screenshot showing Mark Cuban on
Screenshot showing Mark Cuban on "Shark Tank." (Image source: YouTube | Sony Pictures Television)

Daymond John was the first to say no, as this was an industry in which he had little experience. Lori Greiner liked the products but believed that it was too early to invest in Proper Good just yet. The company might have boasted year-to-date sales of $1 million, but the entrepreneurs said that the company was still incurring losses due to its high cost of customer acquisition. Jones and Kevin O’Leary found this to be too much of an obstacle to invest almost half a million dollars into and backed out. The only person left was Cuban, the man who had said no to them right off the bat. Not only was he interested in the product, but he was confident that he could turn things around in a major way for the company. However, it was not going to be cheap.



 

“I know how to make this thing huge. I’m afraid you guys might hold me back,” he said, before adding, “When you have a product that’s functional and it’s the message itself, then you just gotta let it sell. Would you be willing to change your marketing and your packaging?” It did not take the entrepreneurs long to say yes, and the shark made them an offer. He asked for 25% of the company for $400,000.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Proper Good (@eatpropergood)


 

This was more than double what they wanted to give up. The entrepreneurs would have preferred a better deal, but Cuban was the only one who offered them anything at all. After a little negotiation, the shark came down to 20%, and that was ultimately the deal that was struck. It was a decent deal considering the fact that they might have left the show with nothing.

MORE ON MARKET REALIST
The iconic "Jeopardy!" champion has been hosting the show for many years now.
3 hours ago
The host remembered the times he was bullied as a young kid after hearing the chant.
7 hours ago
The greeting caught Steve Harvey by surprise, and he took several seconds to regain his composure.
10 hours ago
The nascent nature of the company prevented the sharks from investing in it.
2 days ago
Harvey seemed quite annoyed after the guest revealed her surprise and rightfully so.
3 days ago
Both Rick and his son Corey had a lot of luaghs while talking about this item for obvious reasons.
3 days ago
She was just happe to be with Drew Carey on stage, and perhaps did not expect such a big win.
3 days ago
The segment started with a couple of people entering the stage wearing cakes over their heads.
3 days ago
The valuation he asked for was as crazy as the outfit he wore, and the sharks said no.
3 days ago
The contestant's answer had no lewd intention but Steve Harvey made sure it did.
4 days ago
Fans of the gameshow are known to be vocal about their needs and this was just an example of that.
4 days ago
The guest stood firm at what he wanted and Harrison was forced to raise his low-ball offer.
4 days ago
The contestant was confident in his abilities and he steered his team to an impressive win.
4 days ago
The sharks could not believe what they had just witnessed but it sure was entertaining.
5 days ago
The guest said that she wanted $15,000 but had to settle for just a couple grand.
5 days ago
Fans of the show were shocked she was not able to get it right after coming so close.
5 days ago
Corcoran was confident that the entrepreneur would take her deal but that was not the case.
6 days ago
The host's expressions upon seeing the answers on the board were absolutely priceless.
6 days ago
The guest was a friend of the Harrisons and he turned out to be quite the negotiator.
6 days ago
The guest had an item that was presumably made in the pre-1800s era, which made it valuable.
7 days ago