Mark Cuban

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  • HighRoller
    Confirmed User
    • Feb 2003
    • 1037

    #1

    Mark Cuban

    Ok so he made 1.3billion from selling some online radio thing to Yahoo?

    I never really heard what he did that made so much money
    what is it that he had that yahoo wanted so bad, and why was it worth so much money?

    Did he work his ass off and know many things others didn't like Bill Gates

    or was he someone that just timed things and got lucky
    and the $1.3billion thing Yahoo bought is it worth $50k today?


    I never heard the story of what his asset was he sold?
  • buddyjuf

    #2
    He sold Broadcast.com for 1.3billion...

    crazy considering MySpace.com went for half as much!

    Comment

    • mattz
      Confirmed User
      • Dec 2001
      • 7697

      #3
      Originally posted by bdjuf
      He sold Broadcast.com for 1.3billion...

      crazy considering MySpace.com went for half as much!
      wow thats interesting

      Comment

      • godisdead
        Confirmed User
        • Jun 2006
        • 1213

        #4
        It was something with which you could listen to sports games online. I don't really remember. But he seems to be a great guy. His blog is also good.
        $40 Flat Fee 70% Revshare
        YEAH THOSE ARE CRAZY PAYOUTS
        coming soon Crazy Payouts

        Comment

        • Axzar
          Random Jackass
          • Feb 2003
          • 1837

          #5
          Love his blog.

          Comment

          • Xenophage
            Registered User
            • Oct 2001
            • 12122

            #6
            he got super lucky sold at the top to yahoo and then sold all yahoo stock at the top. Boradcast.com ended up being worthless to yahoo they threw away a billion bucks, just like blue mountain arts and alta vista and AOL time warner as well as many otehr really fucking stupid deals that got done ihn the dot com. we are seeing it again with facebook value at 1 billion totally worthless $100 a user 10X what myspace was bought for. Yahoo is pretty dumb sometimes. I think thats why google kicked their ass, they do stupid shit.

            Comment

            • ucv.karl
              Confirmed User
              • Jul 2006
              • 498

              #7
              Originally posted by bdjuf
              He sold Broadcast.com for 1.3billion...

              crazy considering MySpace.com went for half as much!
              I think he sold Broadcast in 1999, or 2000. So that even makes it more insane.
              It's better when you can Switch.
              ICQ: 263079754

              Comment

              • After Shock Media
                It's coming look busy
                • Mar 2001
                • 35299

                #8
                With no computing skills he started micro solutions back in the 80's. Sold it to Compuserve a decade or so latter for millions.

                He then retired.

                Being bored and talking shit with friends about wanting to hear hoosiers games on the radio he thought why not broadcast radio and tv on the internet. Walla broadcast.com was born. One could listen to sports and other shit online. He took the company public, it went nuts like all internet IPO's did. Yahoo bought it for 1.5 to 2 billion in 99.

                Bought a lot of shit and also the Maverics for a little more than a quarter billion.

                Started HDnet, high definition shit... and well so forth.

                [email protected] ICQ:135982156 AIM: Aftershockmed1a MSN: [email protected]

                Comment

                • bdld
                  $100,000
                  • Dec 2001
                  • 11452

                  #9
                  he's got a new all-hd network going with dan rather as the news man.

                  Comment

                  • gecko
                    ******
                    • Jun 2002
                    • 21846

                    #10
                    http://en.wikipedia.org/wiki/Mark_Cuban

                    is all you need to know ;)
                    [email protected]

                    Comment

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