Daniel Lubetzky is the founder and executive chairman of KIND Healthy Snacks — and he's also a guest judge on the latest season of "Shark Tank."
In an interview with Business Insider, the founder and investor revealed the traits that underlie his decision to invest in a startup.
Lubetzky said he would never invest in a company that claims a social mission when in fact all it wants is to sell a product — and the social mission is just a means to sell the product.
Click here for more BI Prime...
"It's my biggest holding," the billionaire entrepreneur and Dallas Mavericks owner said.
ERIC PIERMONT/AFP/Getty Images
LVMH CEO Bernard Arnault is currently the third-rich person alive, according to Bloomberg. Only Jeff Bezos and Bill Gates have higher individual net worths.
Arnault's fortune grew $5.1 billion between October 9 and 11, Forbes' Hayley Cuccinello reported.
Arnault's net worth is now $96.3 billion, according to Bloomberg.
Visit Business Insider's homepage for more stories.
Luxury conglomerate LVMH released an earnings report showing strong second-quarter sales on...