by Jason Wilk on November 17, 2008
- Mark Cuban in 2004 was a major stakeholder in search engine Mamma.com.
- He started to sense things were not going well for the company when they told him that they were going to engage in PIPE financing
- Mark sold his shares on the news, which had not gone public yet and the next day, prices fell nearly 10% (price has never returned again)
- I’m sure there is an explanation for all of this coming soon.
TC, Blog Maverick
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by John Jorgensen on November 9, 2008
- In a post on his blog, Mark Cuban criticizes President Elect Obama’s selections for his 17 person economic advisory board for not including a single person who is a real world entrepreneur with experience in starting or running small businesses.
- “The economic advisory team that he has put together looks more like a semester’s worth of great guest speakers for an MBA class than an economic advisory team that can truly help him.”
- Cuban says that without having someone to tell you how business will actually react to his policies, such as forcing new hires to be classified as independent contractors to avoid paying their medical insurance, Obama is keeping himself in the dark and remains vulnerable to unintended consequences.
by John Jorgensen on September 10, 2008
- Full list in Mark’s own words at our partner site, tinyCrunch.
tinyComb exclusive
by Jason Wilk on September 9, 2008
Billionaire entrepreneur and owner of the Dallas Mavericks, Mark Cuban, is an extremely intelligent individual and a savvy investor. Believe it or not, in his busy schedule he still finds time to read all of his emails. In his own words, here are the 10 rules Mark suggests you follow when emailing him about investing in your company.
- Email Mark Cuban at Mark@hd.net or mark.cuban@dallasmavs.com
- Explain your business in 3 short paragraphs or less
- Say why your business is a real business that can make money.
- Describe how you met the people you founded the company with and what your skill sets are briefly.
- Tell Mark why he or his money would add value to the company.
- Include a link to your website.
- Don’t ask him to sign an NDA. Let him understand the business. He is a savvy billionaire who does not need to steal your idea.
- Don’t try to arrange a phone call or a meeting. Most of the companies Mark invests in, he does not talk to on the phone or ever see in person before investing.
- Do not email him more than once. Mark respond to about 5% of the pitches, since he only likes about 5% of what he sees.
- Wait about 10 minutes and if he loves it, he will write you back shortly to get more info.
A tiny exclusive from the TechCrunch 50 Conference
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