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Mark Cuban

Mark Cuban90 posts

Mark Cuban is an American businessman and investor. After selling Broadcast.com to Yahoo, he bought the Dallas Mavericks, Landmark Theatres, and Magnolia Pictures. He has appeared on Dancing With The Stars, and is one of the Shark Tank investors. He lives in Dallas.

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21 Jun, 2023

Musk considers Cuban’s low-cost pharmacy for Tesla, SpaceX employees

Negotiation0 Comments

After a Twitter user asks Cuban who costplusdrugs.com does not offer Invermectin, which the user says “costs $0.02 per pill in Africa, 100x mark-up in America”, Musk responds:

Good question

A few hours later, Cuban responds to Musk:

I’m sorry I didn’t see you enter the discussion  @elonmusk. The price we were able to get was much higher than other available sources. We are trying to get a better price. We do sell HCQ. Our mission is to be the low cost provider of every med we are allowed to sell. You should have your employees use us. It will save them and @twitter a fuck ton of money. Costplusdrugs.com

Musk replies that he will ask Tesla & SpaceX to inquire into Cuban’s offer. In 2022, Tesla employed more than 127,000 people, while SpaceX has about 10,000 employees

27 May, 2023

Cuban: Twitter algorithms designed to help Musk

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Cuban accuses Musk of rigging Twitter algorithms to promote his own tweets. He says that because Twitter’s “For You” timeline, which is the first thing users see on the app, ranks tweets by the amount of interaction by a user’s followers, that it make’s Musk’s posts more influential, as he has the most followers, and the most interactions on the app. Cuban still has 8.8 million followers, but worries the algorithm change will affect how he promotes his online pharmacy, Cost Plus Drugs.

I figured I was/am on some Twitter s— list that doesn’t show me to new or existing users as a possible follow. I thought maybe, by paying the annual contract, that would change. It didn’t…It stands to reason that the person with the greatest number of followers will have the greatest influence on the most number of For You timelines. And For You candidates include, as stated above , tweets that people you follow engage with. So who @elonmusk engages with on Twitter has an ENORMOUS impact on what an indeterminable number of people see in their For You Timelines

9 Oct, 2015

Shark Tank appearance

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Foot Cardigan accepts an offer on Shark Tank from Cuban and Carter, who is appearing as a guest shark, to co-invest $250,000 for a 20% ownership stake in their $9-a-month sock subscription service. The company says it earned $1.36 million in the past three years ($900,000 in the past 12 months) and projects $1.5 million for 2015. It currently services 6,000 monthly customers with seasonal increases to approximately 12,000 subscribers.

Foot Cardigan - Shark Tank First Pitch

19 Nov, 2014

Cameras to give ‘crazy’ views of Mavs games

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Cuban says the American Airlines Center and freeD (Free Dimensional Video) have spent six weeks installing high-res cameras in the AAC roof to be deployed as soon as the Lakers-Mavs game on Nov. 21 that will give ‘crazy’ views of games. It will allow any video image to be frozen and turned 360 degrees, giving fans seeing the images on the AAC videoboard and viewers watching Fox Sports Southwest telecasts unique views of the game. The technology has already been used in the NFL and in the 2014 NBA All-Star Game. The software can take a single byte and transform it into views. Cuban:

For example, right at the jump ball, what does Tyson (Chandler) see? It literally recreates that perspective. If the ball goes out of bounds and you want to see who touches it, you’ll be able to spin the whole thing and look from any angle. The secret sauce is it converts (the high-resolution video) to actual data. And the double secret sauce is from that data, you can recreate any of the visuals. So from this, that is recreated into data. From using the software, you can look at it from any angle.

The Mavs will initially be the only team with the technology on videoboard and replays. Other teams will be able to license it for videoboard and local TV use but will need to pay money. NBA replay officials in Secaucus, N.J., will have access to the Fox Southewest feeds and will be able to use the technology to confirm or reverse calls by the ref.

‘I hope Lakers suck forever’

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Cuban tells L.A. radio station The Beast 980 that he hopes the team, which has a moderate rivalry with the Mavericks since Dallas swept the playoffs in 2011 and ended the Lakers’ title run, continue to stay bad:

As far as the Lakers, I think there are going to be a lot of teams that are going to be focusing and saying, ‘Look, I’ve got a ton of cap room, free agents A, B and C, why don’t you guys come together and come play for me?’ And L.A. has always been considered a destination, so maybe they feel there’s a valid strategy. You know me, Fred. Personally, I just hope they suck forever.

18 Nov, 2014

Conversation about net neutrality

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Kovach publishes the full email exchange he had with Cuban about net neutrality after he wrote a column on the topic following Cuban’s tweetstorm a few days earlier. Kovach supports net neutrality but says he wants to hear Cuban’s opinions against net neutrality as a successful web entrepreneur. They talk about competition among ISPs, how America’s broadband options are rated as more expensive for slower service, and other issues related to the topic. Cuban:

If you don’t like it now, let the government get involved.

17 Nov, 2014

Six pieces of advice for Ballmer

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Cuban gives Ballmer six pieces of advice after Ballmer’s purchase of the L.A. Clippers:

1. Prepare for a never-ending media storm

He says NBA bloggers are worse than Apple fan boys and time at Microsoft won’t prepare Ballmer for sports media;

2. You don’t own the Clippers, the community does

The team belongs to fans everywhere, not shareholders or owners;

3. You will be asked things that have never been asked of you before

This could include requests to meet sick children, or even providing jerseys for children who have died to be buried in;

4. You will be all smiles when you win and find it hard to leave the house when you lose.

The pain of losing is stronger than the joy of winning;

5. Don’t try to make every penny you can off the team.

Knowing that people can still afford to come to games when the team isn’t doing great is more important than maximizing investment;

6. Be yourself. No explanation needed. Everyone needs some Ballmer in their life.

20 Sep, 2014

Microchips, sleep-monitoring watches

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Cuban and Mavs management introduce tracking devices during training, and Readiband sleep monitoring watches, among other health technology for the Mavs. Athletic performance director Jeremy Holsopple:

We are constantly beta-testing several technologies.

Cuban has invested in Australia-based Catapult Sports, which produces what it says is the first bio-analytics platform, a beeper-sized device that monitors and assesses real-time data on accelerations, decelerations, changes of direction and jumping to monitor training loads. The Mavs use the device along with about a third of NBA teams and half of the teams in the NFL, including the Cowboys. Cuban:

Anything that makes us smarter about our players’ health is a win for us

15 Jul, 2014

Parsons joins Mavericks

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Parsons joins the Mavericks.

It feels good, we obviously value him very highly. We think he’s going to contribute a lot.”

Cuban:

I looked at all the main guys that were young that we thought would be available and we loved his game, we liked him the best of all the free agents and that was point one.

20 Jun, 2014

Student loan bubble will burst

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Cuban predicts an end to the student loan bubble that will put colleges out of business:

It’s inevitable at some point there will be a cap on student loan guarantees. And when that happens you’re going to see a repeat of what we saw in the housing market: when easy credit for buying or flipping a house disappeared we saw a collapse in the price housing, and we’re going to see that same collapse in the price of student tuition, and that’s going to lead to colleges going out of business

Mark Cuban: 'I Think the Student Loan Bubble is Going to Burst' | Inc. Magazine

21 May, 2014

Cancer victim’s dream wedding

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Cuban pays for a dream wedding for Monica and Leroy Wilkinson of Watauga, Texas. Monica had multiple miscarriages and is undergoing chemotherapy treatment for Stage 4 ovarian cancer:

I got a call from his assistant, and she said Mark Cuban was going to help pay for our wedding. And I was completely floored. I thought it was a joke. Now we actually have those memories that can actually get us through. I can go back and have those pictures now and have a reason to smile. Because I got to feel special and it was all thanks to Mark Cuban.

Cuban admits that he would feel overwhelmed if he met everyone he anonymously helped.

If there is a scenario where the only problem is money, I try to fix that, [But] I’d die if I got emotionally connected.

9 Apr, 2014

CyberDust

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Cuban creates a free texting app called Cyber Dust that does not store messages. Like SnapChat, the app leaves no trace of the messages, and they are not stored anywhere. It alerts you if the person has taken a screenshot, and it provides send and read confirmations so that you know if someone viewed your message. If your friend hasn’t viewed the message within 12 hours, it will expire and be deleted forever. Cuban says he was inspired to create the app after being challenged by the FCC over insider trading allegations. 

What I learned very quickly was they took old emails and messages and created whatever context they wanted to create for it.

Cuban says Cyber Dust will appeal to users who are looking for something truly private.

 The minute we hit send on a text we lose control, we are all going to have to learn to shrink our digital footprint. The minute we turn off the server it’s gone forever.

22 Mar, 2014

Invests in Catapult

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Cuban invests in the Australian wearables producer, which makes a GPS that can track more than 100 fields of data and is used by Australian Rules football players in the Australian Football League (AFL), the Philadelphia Flyers in the NHL, the Dallas Cowboys, AC Milan soccer team, and even under the waistcoats of Spanish bullfighters. Catapult is the biggest wearable GPS provider in the world, and operates out of a small factory in south Melbourne. Catapult chairman Adir Shiffman:

We’re on the way to being a billion-dollar company one day

Cuban confirms to the Australian Financial Review that he has taken a stake in Catapult. Terms aren’t disclosed and his stake is understood to be less than 5% and worth only a few million dollars. Cuban:

Wearable analytics will be a critical advantage in pro sports and eventually as it shrinks in size, in business. It won’t revolutionise [the sports industry], but it will make teams smarter and keep players on the court more. It also may save a career or even a life on the way.

It is Cuban’s first investment in an Australia-based company.

4 Mar, 2014

Fake hoverboard video

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Hawk, Cuban, and Lloyd appear in the video that appears to be an advertisement for a product called HUVr, with Moby, Billy Zane, and Terrell Owens. It is revealed to be a prank by the website Funny or Die, which gives away the autographed hoverboard over its Facebook page.

Nov 2013

Relaxed Fit Skechers commercial

Ad Appearance0 Comments

Cuban stars in a television commercial advertising Skechers’ line of roomier and more comfortable shoes for men.

In any new business I enter, whether it’s sports or another venture, the key is to always stay relaxed and keep your cool – and these Relaxed Fit shoes are exactly what I need. They feel and look incredible.