When Mark Cuban passed on investing in HotelsByDay on Shark Tank, we\u2019ll admit it stung. After all, he\u2019s Mark Cuban\u2014billionaire investor, Mavericks owner, and Shark Tank legend. But here we are, years later, thriving. So, Mark, how about a friendly little check-in?<\/p>\n\n\n\n
You\u2019ve 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\u2019s say, underwhelming. \u201cI\u2019ve gotten beat,\u201d you said. And while we\u2019re not here to rub it in, we couldn\u2019t help but notice: you passed on HotelsByDay, and we\u2019re doing just fine.<\/p>\n\n\n\n
We get it\u2014startup 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\u2019s a gamble, and even seasoned investors lose.<\/p>\n\n\n\n
But not all bets are equal. Startups like HotelsByDay stand out with vision, grit, and market insight. Our idea\u2014offering flexible hotel stays for travelers needing rooms by the day\u2014wasn\u2019t a passing trend. It\u2019s the future of hospitality, and the numbers back it up.<\/p>\n\n\n\n
Since Shark Tank, HotelsByDay has carved out a strong niche in hospitality. We\u2019ve thrived by meeting changing traveler needs\u2014whether it\u2019s business professionals needing workspace between meetings or travelers catching a quick nap. Big players overlooked this gap, but we filled it.<\/p>\n\n\n\n
And here\u2019s the kicker: we\u2019ve done it without your investment. Sure, your expertise could\u2019ve accelerated our growth, but if passing on us was part of your diversification strategy, we\u2019d like to think we taught you a lesson about spotting diamonds in the rough.<\/p>\n\n\n\n
Mark, we admire your diversified portfolio\u2014it\u2019s a smart way to handle investing\u2019s highs and lows. But HotelsByDay proves that resilience and a great idea can succeed even without a Shark. <\/p>\n\n\n\n
For entrepreneurs, every \u201cno\u201d can lead to success. And for investors, the underdog sometimes turns out to be the real winner. Maybe it\u2019s time to revisit a missed opportunity?<\/p>\n\n\n\n
So, Mark, what do you say? There\u2019s always room on the HotelsByDay journey for someone who believes in reinvention and innovation. Consider this your official invite to see what you missed\u2014and maybe take a second shot at a winning bet. <\/p>\n\n\n\n
No hard feelings. Really. We\u2019re just glad to prove there\u2019s always room for a comeback.<\/p>\n\n\n\n