Want to pitch your business idea to billionaire Mark Cuban? Email him!

1 week ago 110

Apr 19, 2024 01:53 PM IST

Mark Cuban believes that through email, he is better able to understand and give comprehensive feedback.

Mark Cuban said that he has invested $100 million in business pitches that he has received via emails in his MasterClass course "Win Big In Business," which was released on February 22,.

Mark Cuban reacts during the game between the Golden State Warriors and Dallas Mavericks at American Airlines Center. Mark Cuban reacts during the game between the Golden State Warriors and Dallas Mavericks at American Airlines Center.

He is currently one of the judges in an American reality show, Shark Tank. And turns out, he does a lot of investments apart from the ones he does in the show.

HT launches Crick-it, a one stop destination to catch Cricket, anytime, anywhere. Explore now!

Read more: Why Netflix will stop telling everyone its subscriber count

The American reality television series Shark Tank is where Cuban gained his most notoriety. According to CNBC, he invested $20 million in 85 startups while he was on the program. Cuban started amassing riches in 1990 when he sold his technology business, MicroSolutions.

He believes that through email, he is better able to understand and give comprehensive feedback. "If we do it by phone, I'm going to forget half the stuff that we talked about because I've got so much going on. If we do it via email, I can search for it always," he said.

Read more: Nandan Nilekani had this stunning thing to say about Aravind Srinivas' 'Swiss Army Knife' search engine

He also shared that he spends a good three to four hours every day reading emails. Although credibility is one thing that is not always guaranteed when investing via email, he expressed that the method has been working well for him till now.

Read more: Narayana Murthy's 5-month-old grandson to earn 4.2 crore from Infosys dividend

In his Masterclass, Cuban also mentioned that he is attempting to incorporate all of the correspondence regarding their business and meeting transcripts from his company, Mark Cuban Cost Plus Drugs, into a sizable language model. He also plans on developing his "own version of ChatGPT."

  • ABOUT THE AUTHOR
    author-default-90x90

    Follow the latest breaking news and developments from India and around the world with Hindustan Times' newsdesk. From politics and policies to the economy and the environment, from local issues to national events and global affairs, we've got you covered.

Read Entire Article