In 2014 the business maverick and shark tank star mark cuban invested 1 75 million for a 25 percent stake in boston based obstacle course company rugged maniac making it one of the biggest.
Mark cuban rugged maniac.
How to win.
December 19 2015 at 12 39 pm cuban thanks to an appearance on shark tank in 2014.
Mark cuban is a named inventor of 11 patent families and 23 distinct patent publications for his inventions.
Cuban s investment has allowed the pair to take their rugged maniac obstacle race to 28 cities across the us reaching sales of 10 5 million in one year.
Mark cuban born july 31 1958 is an american entrepreneur television personality media proprietor and investor whose net worth is an estimated 4 3 billion according to forbes and ranked 179 on the 2019 forbes 400 list.
Mark cuban accessed mar.
Rugged maniac is an annual obstacle course race otherwise known as a mud run hosted in multiple cities across the united states and canada.
Mark cuban rings up profit on sale of rugged events to gate house accessed mar.
Billionaire entrepreneur mark cuban is an investment partner with.
Participants run a 5 kilometer 3 1 mile course with obstacles ranging from muddy water slides crawling through tunnels jumping over logs set on fire and scaling large curved walls.
We build 25 epic obstacles for you and your friends to play on like fire jumps water slides trampolines and underground tunnels put them in a 3 mile course and then throw a crazy party with plenty of beer and music.
1 75 million invested during this season 5 episode of shark tank the two founders of rugged maniac obstacle race a 5k loaded with 25 obstacles asked the sharks for.
After a successful pitch mark cuban offered a staggering 1 75 million investment deal in exchange for 25 of the company making it the second largest investment on the show.
Well rugged maniac is simply an adult version of that.
He is the owner of the national basketball association s.
Investor and dallas mavericks owner mark cuban s interest in rugged races was first piqued in shark tank s fifth season when the founders made their initial pitch.
Posted apr 30 2014 rugged maniac at southwick day one.
The fortunate recipient of cash from shark tank investor mark cuban rugged maniac stepped up its game while still remaining within it s market niche of a notch just state of the industry obstacle racing media says.