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?

He sold Broadcast.com for 1.3billion...

crazy considering MySpace.com went for half as much!

wow thats interesting

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.

Love his blog.

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.

I think he sold Broadcast in 1999, or 2000. So that even makes it more insane.

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.

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

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

is all you need to know ;)