preview

Essay On Mark Cuban

Decent Essays

Mark Cuban is a self-made billionaire who has made his fortune by his innovating idea; online media. He was born in July 31, 1958 in Pittsburgh, Pennsylvania, then he grew up in a middle-class family. His grandfather immigrated into the United States from Russia, and from there the Cuban’s family started to develop. Mark was always one step forward, and always saw a way to make money. At a young age, when he was twelve years old, he sold sets of garbage bags so he can buy the shoes he likes, and gave dance classes while he was at college so he could pay his tuition. Cuban has an excellent education history; he began his college education while he was in still in high school. He started his college education in Pittsburgh University in psychology, …show more content…

On Dallas, he formed his own company called MicroSolutions, a company that gave solutions to its clients on computer networking. Cuban became an expert on the computer networking, the company had a well-planned business model, and it was profitable. Due to its success, the company was sold to CompuServe for six million dollars. Furthermore, after getting his money, he took a break from the world. He moved briefly to California, he studied acting where he appeared in numerous movies. After his break, he went back to Dallas to work on another business idea. His partner, Todd Wagner, and Cuban worked on audio broadcast that would transmit live the Indiana Basketball games; the company was called AudioNet. However, Cuban and Wagner were pleased with radio broadcast, but they were aimed bigger and decided to video broadcast on the internet. They changed the name of the company to “Broadcast.com” in 1998, and they started streaming sports and events on the internet. No one, before this company, has ever broadcasted live events, so Mark Cuban became a market leader in the internet broadcasting industry. In 1999 Mark sold the company to Yahoo for $5.7 billion, and then Mark became a billionaire; his net worth becoming $1.5 billion.
One of Mark Cuban’s greatest attribute to the economy, is that he helps entrepreneurs and donates money to charity. He participates on the show Shark Tank, where

Get Access