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Mark Cuban - The Lucky Billionaire

Mark Cuban - The Lucky Billionaire

Great Business Stories vor 9 Monaten

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29:52

I’m being a bit flippant here because this is a guy who worked
hard for his money- he became a millionaire at 31 and then
proceeded to build a company that had the most successful IPO
opening day in history up to that point, and within 9 months of
that IPO he sold the company for $5.7 billion becoming a
billionaire- yet astonishingly at the time of the sale that
company has revenues of just $40 million. How did he manage that?

He then did what every sports fan would dream of doing and bought
his favourite basketball team and turned them from also-rans into
champions. He hasn’t been lucky all of the time- he’s had tussles
with the SEC, got caught up in the #metoo movement, missed out on
an investment that could have netted him $4.75 billion, but
through Shark tank and other high profile investments, he’s now
being mentioned as a potential presidential candidate for
2028.

It’s a fascinating story- enjoy.