Mahalo Series A
The search engine is reported to raise $5 million from Cuban, Sequoia, and Miller. Valuation isn’t disclosed.
Finances Sharesleuth
0 Comments
Finances Sharesleuth.com, a website created by former St. Louis Post-Dispatch investigative reporter Christopher Carey to uncover fraud and misinformation in publicly traded companies.
Sharesleuth.com is what it is. It’s paid for by my trading based on the information we uncover.
Invests in high-tech toilet seat
0 CommentsCuban invests $1.3 million in Brondell Inc., a San Francisco startup making a high-tech toilet seat called a Swash that works like a bidet but mounts on a standard toilet. It cleanses with a spray of warm water, relieving people from the hassles of toilet paper, and has a heated seat. Its top-of-the-line model also comes with a warm-air dryer and a remote control.
People tend to approach technology the same way, whether it’s in front of them, or behind them. I have always been interested in innovative and cutting edge-technologies coupled with a large market opportunity.
Magnolia Home Entertainment
0 Comments2929 Entertainment creates Magnolia Home Entertainment to release its films over home video. It is run by Randy Wells, the former head of home entertainment for Miramax.
We like controversial subjects, but we are agnostic to which side the controversy comes from.
The Benefactor canceled
0 CommentsThe Benefactor is canceled due to poor ratings before the full season airs. It is reduced to six episodes from an intended eight. A letter from Donald Trump to Cuban following the announcement read:
I am truly sorry to hear that your show has been canceled for lack of ratings. When I initially called you to congratulate you on The Benefactor, little did you or I realize how disastrous and embarrassing it would turn out to be for you. If you ever decide to do another show, please call me and I will be happy to lend a helping hand.
The Benefactor
0 CommentsThe Benefactor, a series involving contestants trying to win $1 million by participating in various contests – with their performances being judged by Cuban – premiers on ABC.
I want every U.S. resident 21 and older to apply. Everyone has dreamed of getting rich, and I want to help one lucky person get there. This isn’t traditional contest. You don’t need special talents. I’m not looking to find out who is the grossest, funniest, prettiest, smartest or able to go without food or water the longest. The right person is going to get on my good side at the right time, and whoever that is is going to walk away with a check from me for one million dollars.
Weblogs, Inc.
0 0 reuben reuben2014-11-26 13:12:592014-11-26 13:12:59Weblogs, Inc.
Launches HDNet
0 CommentsLaunches HDNet with Philip Garvin, owner of Colorado Studios and Mobile TV Group. It airs a variety of programs, all in high definition.
You don’t have to be the biggest to beat the best, but you do have to outwork the bigger players.
Record e-commerce jet purchase
0 Comments
Cuban is credited with the largest single e-commerce transaction by The Guinness Book of Records after he pays $40 million for his Gulfstream V jet.
Since I’ve owned the GV there are too many examples to count of how the airplane has helped me. Flying out after a late-night game to be at a meeting the next morning. Leaving a meeting to get home in time for my daughter’s first daddy-daughter dance. It’s part of my life that I can’t be without.
AudioNet becomes Broadcast.com
0 CommentsAudioNet.com changes its name to Broadcast.com.
We were serving audio and video live and on demand to more than 1mm (million monthly) unique users per day. We had full-length audio books, full-length CDs, full-length movies, TV shows. You name it. We gave you realtime statistics of how many people were watching your video, and if you required registration, which we offered, you knew exactly who was watching.
Co-founds AudioNet
With fellow University of Indiana graduate Todd Wagner, co-founds AudioNet.com, a web site enabling access to live sports games online. Its initial live broadcasts take place later in September 1995.
Starts Micro Solutions
Cuban starts a company called Micro Solutions, working as a PC consultant selling software, training and configuring computers. One day he needed a part and went to PCs Limited which was run by someone younger than him.
I was really impressed by him. I remember telling him, “Dude, I think we’re both going places.” That “dude” was Michael Dell.
That year he got Micro Solutions into local-area networks, hooking up small to medium business sizes so they could share information. The company grows to $30 Million in revenues.
Moves to Dallas
0 CommentsIn Dallas Cuban lives in a tiny, three-bedroom apartment with five buddies. As he is the last to move in, he doesn’t have a bedroom or a bed, closet or dresser. None of the room mates have any money so they throw parties to save money. They vow to spend no more than $20 if they go out, and when they do they drink $12 chanpagne. One roommate collects rent from the others, until one month he skips town.
Cuban bartends until he lands a job with Your Business Software earning $18,000 per year plus commission. When he lands a $15,000 sale with a $1500 commission his boss tells him not to pick up the check, but he does anyway thinking his boss would be okay with it once he had the money.
Instead, when I came back to the office, he fired me on the spot. I had disobeyed him. He was one of those CEOs who is all pomp and circumstance, one of those guys who seems to scream: “Don’t you know who I am? What I do?” He tried hard to look and act the part of the CEO. He wore the right suits. But he had a huge flaw: He never did the work. He never demonstrated the initiative to go out to sell. I had realized by that time that “sales cures all.” That’s a phrase I still use to this day. He was my mentor, but not in the way you’d expect. Even now I think back to things he did, and I do the opposite. And he made me superstitious about titles. I’m never listed as the CEO of my companies. There is no CEO. I am the president.
Graduates from Indiana
0 CommentsGraduates from Indiana University’s Kelley School of Business with a Bachelor of Science degree in Business Administration.
At the IU Business School I learned how to learn. When you know how to learn, then you’re a student for the rest of your life, and I think to enjoy the experience of being a student for the rest of your life is probably more valuable than anything.
Buys pub
0 CommentsCuban buys a pub in Bloomington, Ind., called Motley’s. It quickly becomes a popular hangout for both Indiana University students and professors.
I would go there, underage. And then we threw a couple of parties there. The only time they had crowds in there was when we threw our parties, and I thought, well, if I can get a crowd to show up for a couple of nights, maybe we could do it more often. I took the proposition to (former IU rugby teammate) Evan Williams, and he got into the idea. We were both big proponents of beer and so, you know, I learned early you stick to the things you know. Partying and drinking were things I was excelling at, for better or worse. Evan put up more money than I did. I put up my student loan money. That’s how we started it.
Works for Mellon Bank
Cuban gets a job at Mellon Bank in a department that converts paper to computerized systems. While there, Cuban starts a group called “the Rookie club”. He invites executives to speak with the younger employees in a happy hour atmosphere and starts a newsletter for updates on current projects. He thought his boss would like his new ideas.
Instead, my boss called me into his office one day and ripped me a new one. “Who the f— do you think you are?” he yelled. I told him I was trying to help Mellon make more money. He told me I was never to go over him or around him, or he’d crush me.