Daymond John, CEO of Shark Group and creator of Black Entrepreneur Day joined Cheddar News to discuss why he decided to start up this annual event, his take on startup trends, and more. "The overall success story is that we were able to do this over two years, and been giving away over a half million dollars," he said, "and we will continue to give away grants to businesses to keep them open – black businesses – so they can become hopefully bigger and better than Daymond John will ever be."