It's been a long run, but after 16 seasons, Mark Cuban announced he's leaving Shark Tank.

The entrepreneur opened up about leaving the show on the Showtime podcast All The Smoke, according to Deadline.

Mark Cuban on leaving Shark Tank

On the podcast, Cuban stated that after season 16, it would be it for him and the show.

“It's time,” the billionaire said.

As for why he loves the show, he added some great insight.

“I love it because it sends the message the American dream is alive and well,” he told the hosts, Matt Barnes and Stephen Jackson.

He added, “I feel like in doing Shark Tank all these years, we've trained multiple generations of entrepreneurs that if somebody can come from Iowa or Sacramento or wherever, and show up on the carpet of Shark Tank and show their business and get a deal, it's going to inspire generations of kids. That's what happens, right? Now we've got people coming on saying I watched you when I was 10 years old. I'm like, f**k. But we're helping them right? I've invested in, I don't know how many hundreds of companies. On a cash basis, I'm down a little bit, but on mark to market meeting, the companies are still in operation. I'm way up.”

He also finds inspiration from the show by seeing new ideas emerge that he wishes he would've come up with.

“I look for ideas like, damn, why didn't I think of that,” Cuban added.

Be sure to check out Shark Tank with Mark Cuban while he's still there on ABC.