Mark cuban biography early years

  • How did mark cuban make his money
  • Mark cuban ethnicity
  • Mark cuban family

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    Entrepreneur & Co-Founder, Mark Cuban Cost Plus Drug Company

    SINCE THE AGE OF 12, MARK HAS BEEN A NATURAL BUSINESSMAN.
    Selling garbage bags door to door, the seed was planted early on for what would eventually become long-term success. After graduating from Indiana University – where he briefly owned the most popular bar in town – Mark moved to Dallas. After a dispute with an employer who wanted him to clean instead of closing an important sale, Mark created MicroSolutions, a computer consulting service. He went on to later sell MicroSolutions in 1990 to CompuServe.

    In 1995, Mark and long-time friend Todd Wagner came up with an internet based solution to not being able to listen to Hoosiers Basketball games out in Texas. That solution was Broadcast.com – streaming audio over the internet. In just four short years, Broadcast.com (then Audionet) would be sold to Yahoo for $5.6 billion dollars. His trade to collar his shares of Yahoo! lager received in the sale of Broadcast.co

  • mark cuban biography early years

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    Mark decided it was time to start on his own, the next day, MicroSolutions was founded…

    With no money and still sleeping on the floor, Mark was relentless until he found his first customer, Architectural Lighting, who fronted him the money for the software they needed. That advance was all Mark needed. Over the next seven vacationless years, MicroSolutions became a national leader in Systems Integration and custom applications for local and wide area networks, making it near the top of LAN Magazine’s LAN 100.

    Growing to 80 employees, never having a losing month of operations and nearly $36M in annualized sales, in 1990, MicroSolutions was sold to CompuServe, a subsidiary of H&R Block for $6M.

    At that point Mark “retired ” to investing in public and private companies.  His knowledge of the networking industry led to success and brought returns of 80 percent and more each year. He used that track record to briefly build a hedge fund, for which he got an offer

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    Mark Cuban

    Mark Cuban is a Jewish-American entrepreneur, owner of the Dallas Mavericks NBA team and Chairman of HDNet, an HDTV cable network.

    Cuban was was born on July 31, 1958, in Pittsburgh, Pensylvania, and grew up in the affluent suburb of Mount Lebanon in a Jewish, working-class family. His last name, Cuban, had been shortened from Chaberinsky when his Russian grandparents immigrated to the United States.

    Cuban's first step into the business world occurred at age 12, when he sold garbage bags in order to pay for a pair of expensive basketball shoes. While in school, he held a variety of jobs, including bartending, disco dancing instructor, and party promotion. He earned his way to college by collecting and selling stamps, and once gained about $1,100 from starting a chain letter.

    After attending Indiana University and earning a B.A. in Business, Cuban started MicroSolutions, initially a system integrator and software reseller. One of the company's largest client