How did he earn his first million?
How did he earn his first million?
Basically, I picked up that he was a con man. He was fired from his first job but turned that to his advantage.
If this is true from his Wiki page, he made billions off Yahoo being a bunch of idiots before the dot.com bust .........
“By 1999, Broadcast.com had grown to 330 employees and $13.5 million in revenue for the second quarter.[28] In 1999, Broadcast.com helped launch the first live-streamed Victoria’s Secret Fashion Show.[29] That year, during the dot com boom, Broadcast.com was acquired by Yahoo! for $5.7 billion in Yahoo! stock.”
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Only during the dot.com bust would you have heard of $52 million companies selling for $5.7 billion.
He had a partner with Broadcast.com. So if Cuban took about $3 billion from that sale, it should be worth a lot more now, right? He’s still worth a little less than $3 billion.
He hit the lottery but has done little else since.