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Mark Cuban

Overview

Mark Cuban is an American entrepreneur and investor whose early work in computer systems and internet audio and video expanded into sports, film, venture investment and pharmaceuticals. He was the Dallas MavericksDallas MavericksThe Dallas Mavericks are an NBA team based in Dallas, Texas. They joined the league in 1980 and play at American Airlines Center.Open the full entry’ controlling owner and a longstanding investor on Shark Tank, and co-founded Mark Cuban Cost Plus Drug Company.⁠[1]

Contents40 sections
Key facts

Birth and Early Trading

Cuban was born in Pittsburgh, Pennsylvania, on July 31, 1958. As a boy, he sold garbage bags to raise money for shoes and traded stamps and coins. He initially attended the University of Pittsburgh before transferring to Indiana University.⁠[2]

Graduating from Indiana University

Cuban earned a Bachelor of Science in management from Indiana University in 1981. The university’s honors record specifically identifies his field as management.⁠[3]

Moving to Dallas and Working in Software

Early in his career after college, Cuban moved to Dallas, Texas, and began selling personal computer software. He later recalled on his blog that, after being fired from Your Business Software, he decided to offer software installation and related services directly to customers.⁠[4]

Building MicroSolutions

Cuban founded MicroSolutions to help customers with computer software and systems. He recalled starting without an office, his own computer or sufficient capital, relying on contacts with former customers. He proposed advance-payment arrangements to prospects and developed technical knowledge through software manuals and practical work.⁠[4]

Selling MicroSolutions

Cuban sold MicroSolutions to CompuServe in 1990, an important exit from his early entrepreneurial work. Indiana University’s biography also records that he subsequently served as president of Radical Computing.⁠[3]

Developing AudioNet and Internet Broadcasting

In the mid-1990s, Cuban and Todd Wagner developed AudioNet, later renamed Broadcast.com, delivering radio, sports and other audio and video content over the internet. This marked his transition from computer services into online media.⁠[1]

Entrepreneurship Award from His Business School

In 1998, Cuban received Indiana University’s Kelley School of Business Distinguished Entrepreneur Award.⁠[3]

Broadcast.com Goes Public

Broadcast.com went public in July 1998. Having expanded from internet audio services into video and other multimedia, it became one of the companies attracting attention in the internet capital markets after its listing.⁠[1]

Broadcast.com Joins Yahoo

In 1999, Yahoo proposed acquiring Broadcast.com in stock, with the transaction valued at approximately $5.7 billion when announced.⁠[5]

Becoming a Yahoo Vice President

Yahoo formally announced completion of the acquisition on July 20, 1999. Cuban and Wagner were appointed Yahoo vice presidents, continuing to oversee daily operations and management of Dallas-based Yahoo Broadcast Services and the integration of audiovisual content, business services and advertising.⁠[6]

Buying the Dallas Mavericks

Cuban bought the Dallas Mavericks for approximately $285 million in 2000, extending his work from internet media into professional sports. During his controlling ownership, the team reached the NBA Finals in 2006 and won the championship in 2011.⁠[7]

Entering High-Definition Television and Film

In 2001, Cuban and partners helped establish HDNet, investing in high-definition television. His partnership with Todd Wagner subsequently extended into film production, distribution and theaters, including brands such as 2929, HDNet Films and Magnolia.⁠[1]

SEC Files a Civil Insider Trading Suit

On November 17, 2008, the U.S. Securities and Exchange Commission filed a civil insider trading action over Cuban’s sale of Mamma.com shares. The case later went to a jury trial.⁠[8]

Joining Shark Tank

Publishing How to Win at the Sport of Business

In November 2011, Cuban released the ebook How to Win at the Sport of Business: If I Can Do It, You Can Do It, collecting entrepreneurial experiences and business lessons. TheWrap interviewed him about it that month.⁠[10]

A Print Edition of His Business Book

The paperback published by Diversion Books and distributed by Simon & Schuster has a listed publication date of June 17, 2013, and ISBN 9781626810914. The publisher describes its contents as an updated collection of business and life essays from Blog Maverick.⁠[11]

Jury Finds No Insider Trading Liability

On October 16, 2013, following a three-week trial, a nine-person jury found Cuban not liable for the insider trading alleged by the SEC. The agency announced the result on October 23.⁠[8]

Advancing AI Education

In 2019, the Mark Cuban Foundation launched AI Bootcamps, offering free artificial intelligence education to underserved high school students without requiring prior coding or AI knowledge. It subsequently expanded through corporate and other partners and developed programs for teachers and alumni.⁠[12]

Co-Founding Cost Plus Drug Company

ABC’s official biography dates Cuban’s co-founding of Mark Cuban Cost Plus Drug Company to 2019. The project focused on reducing access costs and transparent drug pricing, becoming a major part of his pharmaceutical work.⁠[7]

Indiana University Bicentennial Medal

Indiana University awarded Cuban its Bicentennial Medal in 2020 and included him in its honors records.⁠[3]

TITAN Losses and DeFi Discussions

After the Iron Finance-related token TITAN collapsed in June 2021, Cuban acknowledged losses from his participation. In an interview with The Block, he discussed his assessment of risk and lessons from the episode while continuing to express interest in decentralized finance.⁠[13]

Cost Plus Drugs Launches Its Website

The Cost Plus Drugs website officially launched on January 19, 2022, allowing patients to purchase prescription medicines online.⁠[7]

The Pharmacy Platform’s Business and Management Roles

Cost Plus Drugs emphasizes disclosure of price components and reducing intermediaries. Its website identifies Alexander (Alex) Oshmyansky as founder and chief executive officer, and Cuban as co-founder.⁠[14]

School of Hard Knocks Interview

Voyager Investors Sue over Promotional Partnership

In 2022, Voyager investors sued Cuban and the Mavericks over the platform’s promotional partnership with the team. Their civil claims concerned statements made during the 2021 partnership and investor losses following the platform’s bankruptcy.⁠[17]

Selling Control of the Mavericks

On December 27, 2023, the NBA approved the transfer of the Mavericks’ controlling interest to the Adelson and Dumont families. Cuban retained a minority stake, while Patrick Dumont became the team’s principal representative in league governance.⁠[18]

Ending His Longstanding Shark Tank Role

The Shark Tank season 16 finale, broadcast on May 16, 2025, featured a farewell marking the end of Cuban’s longstanding role as an investor on the program.⁠[9]

Voyager Suit Dismissed on Jurisdictional Grounds

In December 2025, a federal district court in Florida dismissed the Voyager lawsuit because personal jurisdiction over Cuban and the Mavericks had not been established. The decision concerned whether the court could hear claims against those defendants, rather than resolving the merits of whether investors were misled.⁠[17]

Cost Plus Drugs Advances Supply Readiness

Angels for Change announced that Cost Plus Drugs had completed the Preparation and Protective phases of Project PROTECT for carboplatin and methotrexate injections. Grant-supported work advanced domestic production readiness against shortage risks; the announcement concerned supply-preparedness milestones.⁠[19]

Advancing a Branded Drug Partnership

On April 24, 2026, Bristol Myers Squibb and Pfizer announced a partnership with Cost Plus Drugs, planning to offer Eliquis through the platform from April 27. Cuban commented as co-founder on direct purchasing and price transparency.⁠[20]

Voyager Plaintiffs Seek an Appeal

In June 2026, Voyager investors took their dispute to the U.S. Court of Appeals for the Eleventh Circuit, seeking review of the 2025 dismissal and a May 2026 decision refusing reconsideration.⁠[21]

Dispute over Mavericks Arena Business Opportunities

In July 2026, Cuban disputed opportunities related to the Mavericks’ proposed new arena and surrounding commercial development with Patrick Dumont. In his petition, he argued that his businesses should have an opportunity to participate and sought relevant information. The asserted exclusion was his allegation.⁠[22]

Withdrawing a Presuit Discovery Petition

In August 2026, The Dallas Morning News reported that Cuban had withdrawn his Rule 202 petition against Dumont, with dismissal without prejudice. The petition concerned presuit discovery; its withdrawal did not establish a final ruling on the underlying business dispute.⁠[23]

Cost Plus Drugs Partners with LucyRx

Pharmacy benefit manager LucyRx announced a collaboration with Cost Plus Drugs, adding its transparent pricing option for eligible medicines to the pharmacy network. The arrangement offered members another purchasing channel and employers an additional option within pharmacy benefit plans.⁠[24]

Proposing Health Cost Reforms to Texas Lawmakers

In early September 2026, Cuban addressed health care costs at a Texas House hearing. His proposals included recognizing lower-priced cash drug purchases toward patients’ cost obligations, standardized contracts, disclosure of prices and fees, removing contractual gag clauses and stronger enforcement. These were policy recommendations, rather than newly enacted laws at that time.⁠[25]

Investments and Public Activities

The Mark Cuban Companies website lists investments in health care, blockchain, media, consumer products and Shark Tank businesses, and links to his blog and books. His portfolio spans multiple industries.⁠[26]

Related Organizations, Websites and Public Accounts

Indiana University: Bachelor’s degree in management, 1981. Official website: https://www.iu.edu/ (opens in a new window).⁠[3]

Mark Cuban Companies: Investment and business portfolio platform. Official website: https://markcubancompanies.com/ (opens in a new window).⁠[26]

Dallas Mavericks: Former controlling owner who retained a minority stake after selling control. Official website: https://www.mavs.com/ (opens in a new window).⁠[18]

Mark Cuban Cost Plus Drug Company: Co-founder. Official website: https://www.costplusdrugs.com/ (opens in a new window).⁠[20]

Mark Cuban Foundation AI Bootcamp: The foundation’s free AI education program. Official website: https://markcubanai.org/ (opens in a new window).⁠[12]

Blog Maverick: Personal blog. Official website: https://blogmaverick.com/ (opens in a new window).⁠[26]

X account: @mcuban. Official link: https://x.com/mcuban (opens in a new window).⁠[27]

Personal YouTube Channel

Sources

  1. Mark’s Bio — Mark Cuban Companies (opens in a new window)
  2. Mark Cuban — Biography.com (opens in a new window)
  3. Mark Cuban — Indiana University Honors and Awards (opens in a new window)
  4. Success and Motivation, Part 3 (opens in a new window)
  5. Yahoo!, Broadcast.com beat expectations, 1999-07-08 (opens in a new window)
  6. Yahoo! Completes Broadcast.com Acquisition, 1999-07-20 (opens in a new window)
  7. Mark Cuban — ABC Shark Tank Season 16 biography (opens in a new window)
  8. SEC Litigation Release 22855: Mark Cuban, 2013-10-23 (opens in a new window)
  9. How Shark Tank Said Goodbye to Mark Cuban, 2025-05-16 (opens in a new window)
  10. Mark Cuban Crows About $2.99 Bestseller, 2011-11-29 (opens in a new window)
  11. How to Win at the Sport of Business — publisher catalogue (opens in a new window)
  12. About — Mark Cuban Foundation AI Bootcamp (opens in a new window)
  13. 马克·库班采访实录:从TITAN归零学到教训、对DeFi仍充满信心 (opens in a new window)
  14. Mission / Our Chief Executive Officer — Cost Plus Drugs (opens in a new window)
  15. Asking Mark Cuban the advice he’d give to his younger self (opens in a new window)
  16. Once you know how to sell, you can always start a business (opens in a new window)
  17. Judge dismisses crypto lawsuit against Mark Cuban, Mavericks (opens in a new window)
  18. NBA approves sale of Mavericks, 2023-12-27 (opens in a new window)
  19. Project PROTECT Milestone: Angels for Change and Mark Cuban Cost Plus Drug Company (opens in a new window)
  20. BMS and Pfizer collaboration with Cost Plus Drugs, 2026-04-24 (opens in a new window)
  21. Voyager Class Action Against Mark Cuban Heads to Federal Appeals Court (opens in a new window)
  22. Mark Cuban accuses Mavericks owners of freezing him out, 2026-07-08 (opens in a new window)
  23. Mark Cuban ends one Mavericks legal battle, hints at another, 2026-08-11 (opens in a new window)
  24. LucyRx Expands Pharmacy Access with the Addition of Mark Cuban Cost Plus Drug Company (opens in a new window)
  25. Mark Cuban’s recipe for affordable healthcare includes these 5 policy changes, 2026-09-04 (opens in a new window)
  26. Mark Cuban Companies portfolio (opens in a new window)
  27. Mark Cuban public X profile (opens in a new window)
  28. Mark Cuban — Verified YouTube Channel (opens in a new window)