In 1999, helped launch the first live-streamed Victoria's Secret Fashion Show. By 1999, had grown to 330 employees and $13.5 million in revenue for the second quarter. With a single server and an ISDN line, Audionet became in 1998. In 1995, Cuban and fellow Indiana University alumnus Todd Wagner joined Audionet (founded in 1989 by Chris Jaeb, who retained 10% of the company), combining their mutual interest in Indiana Hoosier college basketball and webcasting. He made approximately $2 million after taxes on the deal. The company grew to more than $30 million in revenue, and in 1990, Cuban sold MicroSolutions to CompuServe-then a subsidiary of H&R Block-for $6 million. One of the company's largest clients was Perot Systems. The company was an early proponent of technologies such as Carbon Copy, Lotus Notes, and CompuServe.
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MicroSolutions was initially a system integrator and software reseller. Ĭuban co-founded MicroSolutions, with help from his previous customers from Your Business Software. He was fired less than a year later after meeting with a client to procure new business instead of opening the store.
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On July 7, 1982, Cuban moved to Dallas, Texas, where he first found a job as a bartender for a Greenville Avenue bar called Elan and then as a salesperson for Your Business Software, one of the earliest PC software retailers in Dallas. Īfter graduating, Cuban returned to Pittsburgh and took a job with Mellon Bank, where he immersed himself in the study of machines and networking. He had various business ventures during college, including a bar, disco lessons, and a chain letter. He chose Indiana's Kelley School of Business without even visiting the campus because it "had the least expensive tuition of all the business schools on the top 10 list". After one year at the University of Pittsburgh, Cuban transferred to Indiana University in Bloomington, Indiana, where he graduated from the Kelley School of Business in 1981 with a Bachelor of Science degree in management. Instead of attending high school for his senior year, he enrolled as a full-time student at the University of Pittsburgh, where he joined the Pi Lambda Phi fraternity. At age 16, Cuban took advantage of a Pittsburgh Post-Gazette strike by running newspapers from Cleveland to Pittsburgh.
A few years later, he earned money by selling stamps and coins. He sold garbage bags to pay for a pair of expensive sneakers. Ĭuban first ventured into business at age 12. His maternal grandparents were Romanian Jewish immigrants, according to Mark's brother Brian, though Mark has claimed their maternal grandmother was Lithuanian. His paternal grandfather changed the surname from "Chabenisky" to "Cuban" after his family emigrated from Russia through Ellis Island. Cuban described his mother, Shirley (née Feldman ), as someone with "a different job or different career goal every other week." Ĭuban is Jewish, and grew up in Mount Lebanon, a suburb of Pittsburgh, in a Jewish working-class family. His father, Norton Cuban, was an automobile upholsterer. Early life and education Ĭuban was born in Pittsburgh, Pennsylvania.
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He is also one of the main "sharks" on the ABC reality television series Shark Tank.
Mark Cuban (born July 31, 1958) is an American businessman, film producer, investor, philanthropist, television personality, and writer who is the owner of the Dallas Mavericks and co-owner of 2929 Entertainment.
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