In an exciting development for fans of the hit reality show "Shark Tank," entrepreneur Daniel Lubetzky, the founder of Kind Snacks, is set to join the panel as a permanent investor. Lubetzky's multi-season deal brings a fresh dynamic to the show, which has captivated audiences since 2009 with its blend of ambitious entrepreneurs and well-connected investors.

Lubetzky first appeared on "Shark Tank" five years ago, often drawing food company founders to the negotiating table. His approach during discussions has been marked by an empathetic and personable style. He engages entrepreneurs by sharing their own stories and lessons learned from his own rejections and business miscalculations. Lubetzky often draws inspiration from his father, who survived the Holocaust, emphasizing the importance of resilience.

Born in Mexico, Lubetzky witnessed firsthand his father's business ventures before the family relocated to the United States during his teenage years. In 2004, Lubetzky launched Kind Snacks, a brand that prided itself on offering snacks free from artificial flavors and preservatives. The partnership with Starbucks in 2009 further propelled the brand's success, and in 2020, Mars acquired Kind Snacks, valuing the company at a staggering $5 billion.

Joining the esteemed panel of sharks, including Barbara Corcoran, Lori Greiner, Robert Herjavec, Daymond John, and Kevin O'Leary, Lubetzky sees himself as a team player contributing to the show's exploration of the American dream and fascination with entrepreneurship. He recognizes the show's influential role in teaching viewers about entrepreneurship and the opportunities it presents.

Clay Newbill, the executive director of "Shark Tank," views Lubetzky's permanent appointment as an inflection point for growth. However, Newbill clarifies that Lubetzky is not intended as a direct replacement for the departing billionaire investor, Mark Cuban, whose charismatic energy and tech investments have significantly shaped the show's success over the years.

Cuban, who has been on the show since its inception, brought a unique charm and widespread viewership through his appearances on late-night programs and active engagement on social media. Known for his loud claps of approval and introduction of the 24-second shot clock, Cuban's departure will mark the end of an era for "Shark Tank."

Reflecting on his tenure, Cuban shared that his honesty and ability to have fun with opportunities defined his approach on the show. However, he felt it was time to prioritize spending more time with his family and focus on building his prescription drug company. The upcoming season will be Cuban's final as a regular shark.

With the addition of four new guest sharks, including venture capitalist Rashaun Williams and the CEO of Raising Cane's, Todd Graves, "Shark Tank" continues to evolve and captivate audiences with its fast-paced negotiations and business acumen. Fans eagerly anticipate Lubetzky's permanent presence on the panel when the show returns on October 18, as his expertise and unique background promise to bring a fresh perspective to entrepreneurial endeavors showcased on the program.