Mark Cuban Companies
VC / PE
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United States
Investment Ticket
Investment Horizon
Investment Stage
Exit Strategy
Profile
Selling garbage bags door to door, the seed was planted early on for what would eventually become long-term success. After graduating from Indiana University – where he briefly owned the most popular bar in town – Mark moved to Dallas. After a dispute with an employer who wanted him to clean instead of closing an important sale, Mark created MicroSolutions, a computer consulting service. He went on to later sell MicroSolutions in 1990 to CompuServe. In 1995, Mark and long-time friend Todd Wagner came up with an internet based solution to not being able to listen to Hoosiers Basketball games out in Texas. That solution was Broadcast.com – streaming audio over the internet. In just four short years, Broadcast.com (then Audionet) would be sold to Yahoo for $5.6 billion dollars. His trade to collar his shares of Yahoo! stock received in the sale of Broadcast.com in advance of the popping of the Internet bubble has been called one of the top 10 trades of all time. SINCE HIS ACQUISITION OF THE DALLAS MAVERICKS IN 2000 He has overseen the Mavs competing in the NBA Finals for the first time in franchise history in 2006 – and becoming NBA World Champions in 2011. They are currently listed as one of Forbes’ most valuable franchises in sports. In addition to the Mavs, Mark first appeared as a “Shark” on the ABC show Shark Tank in 2011, becoming the first ever to live Tweet a TV show. He has been a star on the hit show ever since and is an investor in an ever-growing portfolio of small businesses. Mark is the best selling author of How to Win at the Sport of Business. He holds multiple patents, including a VR solution for vestibular-induced dizziness, and a method for counting objects on the ground from a drone. He is the executive producer on movies that have been nominated for 7 Academy Awards: Good Night and Good Luck, and Enron: the Smartest Guys in the Room.
