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Video on Mark Cuban Insider Trading

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Mark Cuban Insider Trading
William Bishop
Mark Cuban is the owner of the Dallas Mavericks. He is an American billionaire entrepreneur and he is only 49 years old. He not only owns the Dallas Mavericks but he also owns 2929 entertainment and is a chairman of HD net. His net worth is around $2.3 billion. I cannot blame him for trying to buy the Chicago Cubs where he can use as much money on players as he really wants to. They would be like the new Yankees. Spend, spend, spend.
Mark Cuban went through a tough chain of business ideas to get to the top. It is a lot harder than it seems. He started out when he moved to Dallas, Texas and found work as a bartender there. He later became a salesperson for a business software company. However, he was fired because he did not open the store on time. The reason was because he was making a sales call final for a large software purchase with a customer.
From there Mark decided to start a company called Microsolutions. Within this company they did things such as system integratoration and software reselling The company did well as he was able to gain support from previous customers of the job he got fired from. He was able to work with companies such as Perot Systems. Mark was able to sell Microsolutions to CompuServe, which at the time was part of H&R Block, for $6 million.
He then decided to start Audio Net which turned into Broadcast Company with Todd Wagner. This web site mixed college basketball and webcasting. It grew to 330 employees at one time. He then sold it to you Yahoo and received $5.9 billion in Yahoo stock.
Mark Cuban started 2929 entertainment with Wagner. It provides vertically integrated production and distribution of films and movies. He also purchased the Dallas Mavericks from the $5.9 billion in Yahoo stock. Mark Cuban is one of the smartest self educated people I have read about and heard about. He was able to teach himself everything he knows and then turn it into a business giant.
If he is able to go through with the purchase of the Chicago Cubs then for him all things are possible. You'd be able to use as much money as he wanted so that he can get the guys he needs to play for his team. If that was the case, teams like the Boston Red Sox and the New York Yankees should be afraid. Mark Cuban knows a valuable player when he sees one. Before he bought the Mavericks they averaged under .500 season records. Since Cuban, they have won 69% of games.
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