Mark Cuban is obviously an amazing negotiator. After all, he got Yahoo to pay $5.7 billion for Broadcast.com in 1999 right at the top of the market. Cuban also had the intelligence to dump his Yahoo stock before the shares plunged. And of course, as one of the sharks on ABC-TV'sSha...
By 1999, the company had grown to 330 employees with $13.5 million in revenue. Yahoo later bought the company that year for $5.7 billion in Yahoo stock. Yahoo’s shares were selling at $163 at that time. Cuban locked up his shares. When the lockup ended, he sold all his shares becau...
Cuban said people only focus on his big successes: first selling start-up MicroSolutions in 1990 to CompuServe for $6 million, and nine years later selling Broadcast.com to Yahoo for $5.7 billion in stock. They never talk about the hiccups that came first. Cuban's first fail happened whil...
A building, a pen, a stock, a cryptocurrency, gold, Intellectual property, any asset? Valuing something we own has always been more art than science. When I was a kid and started to collect stamps, I collected them because my mom had done the same as a kid. She turned me… Read ...
Mark Cuban isn't afraid to make waves on "Shark Tank," ABC-TV's hit reality series about investing in startups. It isn't simply that he's the big.
A building, a pen, a stock, a cryptocurrency, gold, Intellectual property, any asset? Valuing something we own has always been more art than science. When I was a kid and started to collect stamps, I collected them because my mom had done the same as a kid. She turned me… Read ...
Of course, one of the lessons of Cuban’s own actions during the dot-com bubble teaches is to know when to get out of a bubble. Cuban’s fortune from the Yahoo sale was paid in Yahoo stock, which he sold within a year. “As during the dot-com bubble ‘the experts’ try to j...
A building, a pen, a stock, a cryptocurrency, gold, Intellectual property, any asset? Valuing something we own has always been more art than science. When I was a kid and started to collect stamps, I collected them because my mom had done the same as a kid. She turned me… Read ...
Mark Cuban, whomade billions of dollars during the dot-com boom, said Wednesday that the stock market is not reminiscent of 1999. "Interest rates were a lot different back then," Cuban said on CNBC's "Fast Money Halftime Report." "And you saw a lot more people participating in the mark...
After being pursued by multiple possible acquisitors, Broadcast.com was sold for $5.7B in stock to Yahoo Inc. Once the deal closed, Mark became concerned that the internet stock boom could become a bust, so he hedged his stock, putting on a long short collar that would go on to be ...