Mark Cuban Print
Mark Cuban

Mark Cuban is the outspoken owner of the Dallas Mavericks basketball team, billionaire internet entrepreneur, and chairman of the high-definition television station HDNet.
Mark Cuban was born on the 31st of July, 1958 in Pittsburgh, Pennsylvania, USA. From an early age Cuban had an entrepreneurial ambition to succeed, which may have been influenced by his family's working class upbringing. Cuban continued his entrepreneurial ways and did several jobs while at school and university. He graduated with a business degree from the Indiana University in 1981, before moving to Dallas and starting a computer consulting company called Micro Solutions. Micro Solutions made Cuban a millionaire when he sold the company to CompuServe for $6 million in 1990.

His next major venture was with the Internet broadcasting company Broadcast.com. He and his university friend Todd Wagner saw Broadcast.com become a company with more than 300 employees and almost $100 million in annual revenue. In 1998 the company set a one record for an IPO (Initial Public Offering) by increasing nearly 250%, from $18 per share to $62.75 per share. With the dot com crash looming, Cuban sold Broadcast.com to Yahoo! in 1999 for $5.04 billion worth of stock. This made the founders Todd Wagner and Mark Cuban instant billionaires (on paper at least). The services offered by Broadcast.com became Yahoo! Broadcast Solutions and eventually split into other services of Yahoo! The URL of broadcast.com now redirects to the Yahoo homepage, with no semblance of the company that was once worth $5.04 billion to the company

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