Mark Cuban
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mcuban2250 karma
its not about the idea, its about how prepared you are. Everyone has ideas, most dont do the work required to get the job done. The 2nd thing you need to know is that sales are the most important aspect of a small business. No sales, no company.
mcuban2037 karma
the ion watch deal was pretty much it. You cant come on expecting to scam us. We will nail you.
mcuban1899 karma
we get the chance to do due diligence after the show. As a result you uncover things that were not brought up in the show , so its not unusual for a deal to fall through in the DD phase. I have had things like people who never paid their taxes, people who lied on the show, people who didnt think that if they spent money on their personal credit cards it should be considered an expense., you name it.
There is so much pressure on the entrepeneur during the show that sometimes they say what they think we want to hear rather than the truth. The DD helps us seperate the two
mcuban1796 karma
Ive looked at MLG and talked to folks in the business. Its interesting. But i havent had the time to take a deep dive look at it yet
mcuban3253 karma
who ?
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