When Mark Cuban passed on investing in HotelsByDay on Shark Tank, we’ll admit it stung. After all, he’s Mark Cuban—billionaire investor, Mavericks owner, and Shark Tank legend. But here we are, years later, thriving. So, Mark, how about a friendly little check-in?
You’ve been candid about your Shark Tank track record, admitting in 2022 that your investments on the show have made a net loss. Despite putting $20 million into 85 startups over 111 episodes, the returns have been, let’s say, underwhelming. “I’ve gotten beat,” you said. And while we’re not here to rub it in, we couldn’t help but notice: you passed on HotelsByDay, and we’re doing just fine.
Startups are A High-Stakes Game
We get it—startup investing is tough. According to Startup Genome, 90% of startups fail. Early-stage companies pitched on Shark Tank often bring big ideas but lack track records. It’s a gamble, and even seasoned investors lose.
But not all bets are equal. Startups like HotelsByDay stand out with vision, grit, and market insight. Our idea—offering flexible hotel stays for travelers needing rooms by the day—wasn’t a passing trend. It’s the future of hospitality, and the numbers back it up.
Mark, You Missed This One
Since Shark Tank, HotelsByDay has carved out a strong niche in hospitality. We’ve thrived by meeting changing traveler needs—whether it’s business professionals needing workspace between meetings or travelers catching a quick nap. Big players overlooked this gap, but we filled it.
And here’s the kicker: we’ve done it without your investment. Sure, your expertise could’ve accelerated our growth, but if passing on us was part of your diversification strategy, we’d like to think we taught you a lesson about spotting diamonds in the rough.
Diversification and Lessons Learned
Mark, we admire your diversified portfolio—it’s a smart way to handle investing’s highs and lows. But HotelsByDay proves that resilience and a great idea can succeed even without a Shark.
For entrepreneurs, every “no” can lead to success. And for investors, the underdog sometimes turns out to be the real winner. Maybe it’s time to revisit a missed opportunity?
A Friendly Invitation
So, Mark, what do you say? There’s always room on the HotelsByDay journey for someone who believes in reinvention and innovation. Consider this your official invite to see what you missed—and maybe take a second shot at a winning bet.
No hard feelings. Really. We’re just glad to prove there’s always room for a comeback.
Your next daycation awaits at HotelsByDay!
