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Mark Cuban
ResearchedAngel Investors

Mark Cuban

Founder

Angel InvestorsSeed Round
AI

Mark Cuban is a Dallas-based entrepreneur and angel investor behind Mark Cuban Companies and co-founder of Cost Plus Drugs, with investments spanning seed and early-stage companies as well as growth-stage private businesses. He invests broadly across AI, consumer, food, healthcare and biotech, blockchain, media, productivity, social and civic, and sports, and is notable for founding and selling Broadcast.com, owning the Dallas Mavericks, and backing companies through Shark Tank and his personal portfolio.

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At a glance

Full Name
Mark Cuban
Title
Co-Founder, Cost Plus Drugs; Entrepreneur; Investor
Firm
Mark Cuban Companies
Firm Type
Angel investor / personal holding company
Investment Stage
Seed and early-stage companies, plus growth-stage private-company investments
Check Size
Publicly disclosed Shark Tank deals range from $50,000 to $1,000,000; no standard private angel check size is publicly stated.
Target Company Profile
Founder-led companies with clear customer pain, practical innovation, and potential for Cuban’s capital, operating experience, brand, or distribution to help.
Sector Focus
AI, consumer, food, healthcare and biotech, blockchain, media, productivity, social and civic, and sports
Location
Dallas, Texas

Background

Mark Cuban is a Pittsburgh native, Indiana University graduate, Dallas resident, entrepreneur, and investor. His own biography describes a long entrepreneurial path starting with selling and trading baseball cards, garbage bags, magazines, and stamps before he moved to Dallas after college and worked at Your Business Software, one of the city’s early software retailers.

After being fired from that job, Cuban founded MicroSolutions, a systems-integration and software company. The company grew to 80 employees and nearly $36 million in annualized sales before he sold it to CompuServe, then a subsidiary of H&R Block, for $6 million in 1990. He then invested in public and private companies and briefly built and sold a hedge fund.

Cuban later co-founded AudioNet with Todd Wagner so they could listen to Indiana University basketball broadcasts over the internet from Dallas. AudioNet became Broadcast.com, went public in 1998, and was sold to Yahoo for $5.7 billion in stock. Around the same period, Cuban purchased the Dallas Mavericks for $285 million; the team won the 2011 NBA championship, and Cuban sold majority control in 2023 while remaining involved.

Cuban has also built and backed media, entertainment, healthcare, and consumer businesses. He co-founded HDNet, was involved with 2929 Productions and Magnolia Pictures, became a Shark Tank investor in 2011, and co-founded Mark Cuban Cost Plus Drug Company, which launched in January 2022 with transparent pricing and a limited markup.

Investment Thesis & Focus

  • Cuban invests across a broad personal-company portfolio rather than through a conventional venture fund. Mark Cuban Companies organizes portfolio companies across AI, apparel, blockchain, consumer, food, healthcare and biotech, media, productivity, social and civic, and sports.
  • He is drawn to practical disruption in large, opaque markets. On Cost Plus Drugs, he told TIME that capitalism is about “finding solutions to problems,” and the company’s model sells generic medications at manufacturing cost plus a 15% markup and fees.
  • He responds to concise, high-signal founder outreach. TIME reported that hundreds of investment pitches reach his inbox weekly, that he reads the first paragraph, and that he deletes most; Alex Oshmyansky’s cold email led to Cost Plus Drugs because Cuban saw an opportunity after asking follow-up questions.
  • He values preparation and resilience in founders. In a 2026 interview, Cuban said entrepreneurs need “the will to prepare,” and he has repeatedly framed failure as acceptable if founders learn quickly.
  • He is active in AI and believes AI creates leverage for small companies. In 2025, Cuban said small and mid-sized companies need help from “AI natives” who can implement AI into workflows.
  • He has backed both traditional venture-style technology companies and Shark Tank-style small businesses, including consumer products, healthcare, sports technology, media, education, and software.

Notable Investments

  • Mark Cuban Cost Plus Drug Company - Co-founded by Cuban; online pharmacy launched in January 2022 to sell generic drugs with transparent cost-plus pricing.
  • Dallas Mavericks - Purchased by Cuban for $285 million; the team won the 2011 NBA championship, and he sold majority control in 2023.
  • Red Swoosh - Cuban invested $1.7 million in 2005; Akamai acquired the peer-to-peer file-transfer startup in 2007.
  • BeatBox Beverages - Shark Tank investment; publicly listed deal was $1 million for one-third of the company.
  • Dude Wipes - Shark Tank investment; publicly listed deal was $300,000 for 25% equity.
  • Brightwheel - Early-childhood education software company listed in the Mark Cuban Companies portfolio.
  • Synthesia - AI video-synthesis company listed in the Mark Cuban Companies portfolio.
  • Upstart - AI-driven lending platform listed in the Mark Cuban Companies portfolio.
  • IFTTT - Automation platform listed in the Mark Cuban Companies portfolio.
  • Phaidra - Self-learning control systems company for mission-critical industries listed in the Mark Cuban Companies portfolio.
  • PadSplit - Affordable shared-housing marketplace listed in the Mark Cuban Companies portfolio.
  • ZenBusiness - Business formation and compliance platform; Cuban has served as investor and spokesperson since 2021.

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