The Megyn Kelly Show Mark Cuban on Family, Social Justice and NBA Ratings | Ep. 9
Oct 12, 2020
Mark Cuban, the billionaire owner of the Dallas Mavericks and a prominent investor on ABC's 'Shark Tank,' opens up about his upbringing and entrepreneurial journey. He discusses the impact of family values on his life and the challenges of balancing wealth with authenticity in parenting. Cuban also dives into the intersection of sports and social justice, notably regarding the NBA's complexities with China and the Black Lives Matter movement. Finally, he addresses the decline in NBA ratings and the league's responsibility in these turbulent times.
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Tech Ventures
- Mark Cuban's first software company, Micro Solutions, grew to $30 million in sales before being sold to H&R Block.
- Later, he co-founded Broadcast.com, an early internet streaming platform, and sold it to Yahoo for $5.7 billion.
Hedging Success
- Mark Cuban hedged his Yahoo stock after the Broadcast.com sale, protecting himself and his employees from the dot-com bubble burst.
- This move was later recognized as one of Wall Street's top trades.
Raising Kids
- To avoid raising entitled children, emphasize that they will need to create their own success.
- Focus on their health and set a good example by treating others with respect.