Tag Archives: Mark Cuban
Shark Tank: Mark Cuban Invests $25,000 In Steve Gadlin’s “I Want To Draw A Cat For You”
Steve Gadlin is a Chicago resident that is also a comedian. He came up with a unique company called “I Want To Draw A Cat For You.” Gadlin was able to convince billionaire Mark Cuban to invest. Cuban offered $25,000 for 33% of the company.
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Nimble Receives $1 Million From Mark Cuban, Jason Calacanis, Don Dodge, Dharmesh Shah, Google Ventures, Etc.

Nimble is a customer relationship management startup company that has raised $1 million in funding from Mark Cuban, Dharmesh Shah, Jason Calacanis, Don Dodge, Google Ventures, etc. Â Nimble CEO Jon Ferrara believes that Nimble is a combination of Hootsuite, Yammer, and Salesforce.com.
Mark Cuban Invests In Brotips.com

Internet entrepreneur Mark Cuban has invested in men’s advice website Brotips.com. Cuban’s investment was undisclosed. Brotips tips that are about no more than one or two sentences. Brotips was designed by Toronto-based Push Pull Labs. Brotips currently receives about 1.5 million unique visitors per month. They make money through a sponsored section called “Brands Bros Luv.” The company will be launching a line of clothing soon too. [Fast Company]
BlueCava Raises $1.5 Million, Boasts Big Name Investors

Device connectivity startup BlueCava has raised $1.5 million in funding for technology that can identify internet-connected devices. The technology was, according to TechCrunch, invented about 15 years ago by Ric Richardson, who has a patent for the tech. BlueCava’s investors include Mark Cuban and Tim Headington, and its advisory board includes Facebook’s Joe Sullivan and MasterCard’s Ellen Moskowitz.
Mark Cuban Invests In Revision3

Internet billionaire Mark Cuban has invested in video podcast company Revision3. This investment is part of a small round of funding that Revision3 raised last year, but was not disclosed until now. Revision3 is known for producing the podcast called Diggnation. Cuban co-founded a cable TV company called HDNet network and he has argued that expectations for web video was over-hyped and it would never displace TV. Cuban is investing in a potential source of content for his TV network.
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Mark Cuban Is Crazy

Mark Cuban is one of the craziest billionaires in the world. He is offering to finance an investigation against himself… The SEC is investigating Cuban for an insider trading case and they told him that their lawyers could take up to 8 months to look into the full investigation. Cuban wants the case to speed up so he is offering to fund part of it himself. The SEC told Mark that they hope to get their lawyers started on the case by next March so that the documents are ready to go by 2012. Cuban would pay the overtime fees for the lawyers or retaining lawyers on a freelance basis. [New York Post]
Mark Cuban Invests In BlueCava

Internet billionaire Mark Cuban is one of several angel investors that have put money in BlueCava. BlueCava is a company whose plans is to develop unique IDs for computers, mobile devices, and many other devices. BlueCava aims to have these unique IDs replace cookies. This way users can be tracked using these IDs. From an Internet user stand-point, consumers would have the opportunity to opt out of certain ways from being tracked. This round of funding was $5 million.
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Mark Cuban Joining Shark Tank TV Show On ABC

Internet billionaire and Dallas Mavericks owner Mark Cuban is joining the second season of ABC’s “Shark Tank.” He will be a guest venture capitalist giving his opinion about the ideas created by small-business owners. The producers of the show received over 20,000 requests from entrepreneurs who wanted to pitch their ideas to the venture capitalists. Mark Cuban sold Broadcast.com to Yahoo! for $5.9 billion in 1999, which is where he gained a majority of his wealth.
Ross Perot Jr. Suing Mark Cuban, Claiming Dallas Mavericks Are Insolvent

Ross Perot Jr. is suing billionaire Mark Cuban (pictured above) over the financial performance of NBA team, the Dallas Mavericks. The Mavericks are “insolvent and/or in imminent danger of insolvency,” according to a filing for the lawsuit. Perot sold a majority stake of the Dallas Mavericks to Mark Cuban in 2000, but he still holds a 5% ownership.
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Mark Cuban and Betaworks Invest In Superfeedr

Superfeedr is a website that can pull real-time data from Flickr and Twitter, then feed it into the standard ATOM format so that you can “parse one sort of feed no matter where it came from.” The company makes money by charging web developers for tracking over 1,000 feeds. Its a very niche service and I am not aware off-hand of anyone I know that would use this service.
Mark Cuban and Betaworks have recently invested in the company. Andrew Anker and David Recordon has joined the advisory board as well.