Mark Cuban Failure

790 Words2 Pages

Mark Cuban is the owner of many multi-million dollar companies, has a net worth of over 1.3 billion dollars, is a star on a popular tv show known as Shark Tank for 7 seasons, and has a large role in many charities.

Mark Cuban had many failures,successes and important thing happen to him upto this day. Three of his most important and influential events in his life were BroadCast.com, when Cuban bought the Dallas Mavericks, and what is the most influential event in Cuban’s life, being on Shark Tank.Cubans first major start up was BroadCast.com. He owned this company for a total of 6 years until he sold it to Yahoo for a grand total of 5.6 billion dollars. His second event that happened to Cuban was when he bought the Dallas Mavericks.After …show more content…

Later on whilst Cuban still owned the company, he added live video feed. This was the first time that a person could watch and listen to a sport game live without going to said game. His second largest event that most sports fans know his as,the owner of the Dallas Mavs. The Mavs went from not even getting to the the playoffs for 12 straight years to winning 5 out of the past 6 championships after Cuban bought them. To be able to turn a team around like Cuban did, he had to spend a lot of money out of pocket. He spent many millions of dollars on premium Hotels, plane rides, and food. The thing about his ability to turn the team around that amazed people the most was that he had never been in the sports industry before.His third and most well known thing that Cuban has done, being one of the main Sharks on a show called Shark Tank. Shark Tank, for those who do not know, is a popular Television Show the focuses on small business owner presenting their business to the Sharks, large entrepreneurs with many multi-million dollar companies. When they present their companies to the Sharks, the Sharks decide if they think the company will be something people would enjoy and become the Presenters sponsors. If they accept your offer they will give you the money that you need to start up your company, in turn, you will give them a part of your company. Cuban was originally going to be a guest star for one season, season 2, but fans quickly fell in love with him on the show and he decided to

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