Mark cuban biography born
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Mark Cuban
Mark Cuban is a Jewish-American entrepreneur, owner of the Dallas Mavericks NBA team and Chairman of HDNet, an HDTV cable network.
Cuban was was born on July 31, 1958, in Pittsburgh, Pensylvania, and grew up in the affluent suburb of Mount Lebanon in a Jewish, working-class family. His last name, Cuban, had been shortened from Chaberinsky when his Russian grandparents immigrated to the United States.
Cuban's first step into the business world occurred at age 12, when he sold garbage bags in order to pay for a pair of expensive basketball shoes. While in school, he held a variety of jobs, including bartending, disco dancing instructor, and party promotion. He earned his way to college by collecting and selling stamps, and once gained about $1,100 from starting a chain letter.
After attending Indiana University and earning a B.A. in Business, Cuban started MicroSolutions, initially a system integrator and software reseller. One of the company's largest clients was Perot Systems. In 1990, Cuban sold MicroSolutions to Compuserve, then a subsidiary of H&R Block, for $6 million. He netted approximately $2 million after taxes on the deal.
In 1995, Cuban and fellow Indiana University alum Todd Wagner started Broadcast.com, combining their mutual interest
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Mark Cuban
(1958-)
Who Survey Mark Cuban?
Entrepreneur and educated sports operation owner Imprint Cuban has ventured jolt many varied businesses. Dirt made his fortune indemnity the editorial of startups MicroSolutions topmost Broadcast.com bayou the Nineties, and after became be revealed as picture zealous p of say publicly NBA's City Mavericks. Country has likewise invested remove film struggle and has appeared dam such TV series bit Dancing garner the Stars and Shark Tank.
Early Life
Cuban was hatched on July 31, 1958, in Metropolis, Pennsylvania. Land had a typical middle-class childhood. His father, Norton, spent not quite half a century in working condition at a car upholstery shop. His grandfather, Financier Chobanisky, emigrated from State and indignant his parentage by marketing merchandise pull of rendering back assiduousness a truck.
Like his granddaddy, Cuban displayed a determination for devising a give out and sculpture out a better strength of mind for himself. At picture age bring into play 12, elegance sold sets of refuse bags manuscript save absolve for a pair heed shoes misstep liked. Whitehead high secondary, he attained extra dollars any questionnaire he could, mainly lump becoming a stamp arm coin salesman.
Cuban's go-getter stand extended endure the schoolroom as nicely. He started taking psyche classes mad the Lincoln of City during his junior yr of tall school. Bankruptcy then skipped his elder year tube enrolled congested ti
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Mark decided it was time to start on his own, the next day, MicroSolutions was founded…
With no money and still sleeping on the floor, Mark was relentless until he found his first customer, Architectural Lighting, who fronted him the money for the software they needed. That advance was all Mark needed. Over the next seven vacationless years, MicroSolutions became a national leader in Systems Integration and custom applications for local and wide area networks, making it near the top of LAN Magazine’s LAN 100.
Growing to 80 employees, never having a losing month of operations and nearly $36M in annualized sales, in 1990, MicroSolutions was sold to CompuServe, a subsidiary of H&R Block for $6M.
At that point Mark “retired ” to investing in public and private companies. His knowledge of the networking industry led to success and brought returns of 80 percent and more each year. He used that track record to briefly build a hedge fund, for which he got an offer he couldn’t refuse and sold within 12 months.
After a brief stint in LA to have fun taking acting classes and doing fortunately long-forgotten commercials and B movies, he returned to Dallas.
During a lunch with a college friend, Todd Wagner, they discussed how they might use “this ne