Mark Cuban Doesn't Regret Missing Out On Uber & Ring

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Marketing Plus

Жыл бұрын

Credit to Full Send Podcast from which this clip was taken
Link to full podcast video:
• Mark Cuban on Bill Gat...

Пікірлер: 964

@BingeworthyContent Жыл бұрын

"I still got the emails". I got texts from my ex. Hard to let go

@solidnumber6184 Жыл бұрын

Sooner you let go, the better the odds for you

@bossage_ Жыл бұрын

Tough XD

@onepiecezoro9763 Жыл бұрын

😂

@20yearsago Жыл бұрын

😭😭😭

@kaws3076 Жыл бұрын

Exactly lol

@BLVCKSUITE Жыл бұрын

This why I love mark. He breaks it down accurately where most people just focus on what it’s worth and how much they made off it

@monday4043 Жыл бұрын

@@shitposter696 go read a book

@richard-fish-monger Жыл бұрын

@@monday4043 He probably will go read Mark's book, and learn more than you.

@godpen Жыл бұрын

@@monday4043 you read a book

@jacobpachuau5647 Жыл бұрын

The comment remind me of 'the pencil guy'

@MinecraftsDarkest1 Жыл бұрын

This shit funny lmao but if you deadass still do have them delete em bro. It’ll make your life easier

@viralcontent6534 Жыл бұрын

How you going to watermark content that isn't urs 😂😂😂

@TheFrosty831 Жыл бұрын

Yo fo real that’s the craziest shit I’ve seen 😂

@PunkMartyr Жыл бұрын

One phone call is all Mark would have to make. Shit all he would have to do is mention it on his sandwich order.

@jonathan7192 Жыл бұрын

@@PunkMartyr he’s talking about the people who uploaded the short. They literally watermarked the video when the clip doesn’t belong to them.

@bkstakz Жыл бұрын

@@jonathan7192 Lmfaooo that shit went over his head 💀

@jonathan7192 Жыл бұрын

@@bkstakz ong 😭 I really had to break it down for him.. 💀

@GrievingDeadly Жыл бұрын

I learned that from my dad(real estate) “yeah it’s a billion dollar idea, but do you have the millions to make it real?”

@perrytheplatypus8865 Жыл бұрын

That's a negative mindset which get's you nowhere in life

@djzulumask2138 Жыл бұрын

@@perrytheplatypus8865 that’s reality….u must live in a fairy tale world….no business idea works or upscales without money….that’s a fact.

@0NeeN0 Жыл бұрын

@@perrytheplatypus8865 Tell me you are a kid who doesn't know anything about business without tełłing me that

@perrytheplatypus8865 Жыл бұрын

@@0NeeN0 What made you think I needed your awnser? And also calling me a kid but reffering to a cringe phrase that every kid uses is kinda ironically tbh

@SleepingOnSundais Жыл бұрын

@@perrytheplatypus8865 Is he wrong though. Where you gonna pull the millions out your ass from to risk in a business that could fail. Same point from an investor's perspective. Why would you invest in something so risky and for such a small chance of return. It's like you missed the whole point of the clip.

@psychomikeo123 Жыл бұрын

He’s actually right on its face: Uber was at least initially propped up on an obscene of capital, between government credits and VC.

@JodyFrancisWall Жыл бұрын

Only turned a profit last year. Almost 15 years of losses. Now they are bringing in loads, but they need to make up 15 years of lost earnings. That's tough.

@hex1262 Жыл бұрын

@@JodyFrancisWall pretty sure they are doing pretty horrible right now

@Charsi_Escobar Жыл бұрын

@@callspreadzero854 what trading platform did you use to purchase? Trying to get my feet wet via investments, true path to wealth and success

@JodyFrancisWall Жыл бұрын

@@hex1262 $6.8b profit first Q22. So they've turned it around post covid.

@callspreadzero854 Жыл бұрын

@@Charsi_Escobar I’ve used TD for years now and Scottrade before that. I use a few other services for charting and data but TD has a decent suite of tools.

@cadethatdude85 Жыл бұрын

A man who stands on his decisions with no regrets cus he thought it through. Respect

@HaveAGoodDayFk.U Жыл бұрын

Basically what he's saying as an investment for him. It wasnt a good deal because he knew how much money they would have to raise to make it profitable and that's a risk he wasnt willing to take. Which, when you're that rich, to me it sounds like it makes perfect sense.

@damiancarr168 Жыл бұрын

More like investing in it meant you were basically gambling and hoping to hit the lottery. These two companies got lucky and good for them but as an investor that's not a good way to make money. For every Ring or Uber there are thousands more of these businesses that just tank. If you want to gamble with money and futures get into stocks, not companies

@peterparker1724 Жыл бұрын

“deluded to next to nothing.” His problem was that to raise that money they would have to sell most of the business, leaving “next to nothing” for themselves. According to this, the problem was that going through all that work just to have a tiny share of the company wasn’t worth it. The only “risk” would be the couple hundred thousand he’d have to invest at the start, which isn’t much for him.

@owenb8636 Жыл бұрын

And it still isn't profitable lol. Uber just reports different degrees of losses

@angelicsailor1st Жыл бұрын

Uber I think only recently got profitable ? And even then it’s on a scale they aren’t making near as much money as everyone thinks

@nuggert Жыл бұрын

@@damiancarr168 These investments opportunities often come with liabilities and interest in the event of failure. It more like gambling for the ones seeking investment.

@richard-fish-monger Жыл бұрын

Why not give credit to the actual podcast who got him on.

@elontusk9898 Жыл бұрын

😥🤡

@boymaica387 Жыл бұрын

That’s why they have the happy dads in the back. I think they have enough publicity, it’s not like a small content creator is being fleeced

@richard-fish-monger Жыл бұрын

@@boymaica387 what

@richard-fish-monger Жыл бұрын

@@boymaica387 there's no saying in the title or description of where the clip is from.

@boymaica387 Жыл бұрын

@@richard-fish-monger you right if people wanted to see more of the convo it becomes harder. Like my pp

@showmethem5ney Жыл бұрын

A lot of these major revolutionary companies were a literal shot in the dark and for every one that made it to the other end of the tunnel, another thousand lost trajectory before they could see the light.

@OfficialVPG Жыл бұрын

Frl

@fofopads4450 Ай бұрын

nah anyone who ever had to deal with shit security systems knew this was the first step into making it useful and affordable. They saw it as a gizmo, when it was one of the disruptors of IoT. Robert thinking hard wired alarm systems are unchackable is almost endearing.

@ive3336 Жыл бұрын

Asks a question followed by who? What? Where? Why? How? When? Ffs let the man speak 🤦

@LifelsGreat Жыл бұрын

That’s why he was speaking fast to try and beat them to the interruption. Shame really… This just one clip too imagine the whole interview.

@dolahdoles4481 Жыл бұрын

Scrub Daddy, we know it is.

@OfficialVPG Жыл бұрын

💯

@tw2889 Жыл бұрын

I swear Stieny can get these hands just cuz he talking.

@clutchdan Жыл бұрын

😭😭😭fr

@danpang5404 Жыл бұрын

Wow you’re so tough.

@user-uu8kv6hp6e Жыл бұрын

Bro no cap 🤣🤣 that mf is so annoying

@godwins2027 Жыл бұрын

Hate that guy. I quit watching NELK shit because of all these dweebs they have on there these days.

@DragbobInAgar Жыл бұрын

@@danpang5404 Go play Fortnite

@Skidmark0606 Жыл бұрын

The things that majority of people don’t focus on is the risk. Hindsight is 20/20. Today it’s easy for us as the 99% to point and laugh at Mark for missing out on billions with Uber and Ring. But he does bring up a great point. Risk is everything, it is a billion dollar idea but do you have the millions to make it real. When it comes to millions of dollars, risk is something you have to keep in mind when gambling.

@callspreadzero854 Жыл бұрын

High cash burn in an era of near zero financing. VC was sticking money into burnt turds. Zillow, WeWork, Peloton, Airbnb, Lyft, Snap, etc etc. None turn a profit. Ready for the shakedown.

@captainsugarbear8891 Жыл бұрын

When he said “ring” first I thought he was talking about the mavs missing a ring lmao

@Byo2times_ Жыл бұрын

Same 😂

@MarekPar743 Жыл бұрын

I thought that about getting married lmao

@Roxbury2207 Жыл бұрын

Mavs got a ring when they beat Leflop

@greenery8434 Жыл бұрын

And now we know that Uber only became big from breaking the law and screwing over other taxi drivers 🤷‍♂️

@Tomarsnback. Жыл бұрын

I miss the time I didn't buy Apple stock when it sold for $3. Or why I didn't buy every single box of Pokémon cards available in 1998... Can't live thinking about the past. He took the information available and made his best judgment call. Some work out and some don't.

@nuggert Жыл бұрын

Whenever you are feeling bad about your financial misfortune, put yourself in my shoes. I lost about $27,000 worth of bitcoin in a fire in 2012. That's 2000 btc bro. That peaked in value at around $153,400,000 USD last year. Still worth about $58,800,000. I'll just be over here in my corner playing the violin to myself.

@Quigus Жыл бұрын

@@nuggert You being for real?

@nuggert Жыл бұрын

@@Quigus fr

@ADollarMight Жыл бұрын

@@nuggert what the hell happened in 2012 dawg? sounds like God has it out for you

@hontzz Жыл бұрын

@@nuggert I no longer feel sorry for myself, I'm sorry this tragedy happened to my friend

@OneSmellyTaco Жыл бұрын

This reminded me of when I started working in construction right out of high school while my friends went to college. My mom would always tell me to buy a house. I didn't want to because I eventually wanted to leave construction for something better (which I did but many years later) and I thought if I bought a house I would have to stay in construction. Dumbest thought ever....the houses I was looking at during that time would have made me a millionaire by now. Different than Mark Cuban. That's why I'm still stuck in this shitshow.

@gladitsnotme Жыл бұрын

Same, wayyy back when I was 18 I thought about getting a little crap hole house. It's still a crap hole but it would be worth way more now. If I sat and calculated the cost of property taxes and upkeep for 15/16 years, I would probably still come out on top.

@iliasgarcon1494 Жыл бұрын

“Have you ever made a mistake” good fucking question bro

@asdflsjfh Жыл бұрын

Uhh who the fuck are these two random people asking questions

@FAKAMUSHIN Жыл бұрын

This guy is one of the few who explains it how it is and you understand it

@JohnTheRecoilJunkie Жыл бұрын

What is Bradley Martyn doing with Mark Cuban? I didn't expect to see them together.

@mikeanderson4795 Жыл бұрын

Interveiwer , when you ask a question try shutting up and letting the guest answer

@alexcastillo6780 Жыл бұрын

Love how he now how much of a gamble those companies were and he did not want to take the risk

@o4tw382 Жыл бұрын

Hard to admit when you’re wrong.

@Batman-uf7my 8 ай бұрын

Don't worry brokie. You don't know business. Just stay in your lane and go to your job

@Acapella_city341 5 ай бұрын

I would be entirely offended if i was called a “brokie” by some keyboard warrior who calls himself Batman

@jake-kz9it Жыл бұрын

Classic Steiny, trying to answer for guests

@khurramaziz2430 Жыл бұрын

2 words: *Scrub Daddy*

@jdsoteldo Жыл бұрын

dude why does every single interviewer asks the same shit

@feelslikebatman6091 Жыл бұрын

Do you think those podcast know each other?

@86kickass Жыл бұрын

@@feelslikebatman6091 yeah they ought to if they cover similar topics

@williamlackey123 Жыл бұрын

I love Mark Cuban. The man is so successful yet always seems so humble.

@sam_9228 Жыл бұрын

kzfaq.infoIClTNB4r22s?feature=share Bro spent $140,000 on a single champagne bottle

@varunkamal91 Жыл бұрын

Mark would have made a 100 mil for 10% of ring by putting in an investment of 1 mil. He'd have 100x ed his money in half a decade. He hates Jamie and that's why he's talking shit about ring.

@TheNikolai123 Жыл бұрын

Is this you jamie?

@dreamcream5443 Жыл бұрын

I don’t think you heard what he said or understand Business.

@euan2363 Жыл бұрын

His 10% for a mil would have got diluted before it ever even got to the point of exiting

@linkylamp Жыл бұрын

@@euan2363 it probably would have went down to like 2-3% unless he reinvested

@sturock2000 Жыл бұрын

He said they had to raise $400 million. His investment would have been for a $10 million evaluation. The capital raised is 40x his evaluation meaning that 10% would be reduced to .25%. Meaning he would have made $2.5 million or $1.5 million in profit.

@madkiss8017 Жыл бұрын

Thats what 99% of people never see

@th600mike3 Жыл бұрын

Need to raise millions of dollars. Yes that’s what you’re there for mark.

@drip671 Жыл бұрын

Him saying, i stil wouldnt take the deal. Thats just him making himself feel good about that stupid decision.

@dfigpac9841 Жыл бұрын

Oh he mad and sore about it

@Hhawkdawg Жыл бұрын

marks absolutely inhaling the copium rn😭

@Singhania_Aditya Ай бұрын

ring lives rent free in his head

@myosotis4507 Жыл бұрын

Mark isn't wrong. Uber and its competitors are constantly losing money because they have to keep expanding in a very tough market hoping they eventually outlast their competitors, get a monopoly, and turn a profit from normal operation by raising prices.

@TrySomeFentanyl Жыл бұрын

10% of a company is still 10% no matter how much of the rest the guy trades off. Don’t let mark fool you, he is highly upset he didn’t give that guy 700k to make 100 million.

@opeyemiidris4062 Жыл бұрын

Investor shares can be diluted in future rounds and they often are

@Patron130 Жыл бұрын

@@opeyemiidris4062wdym by diluted?

@ethanseymour6826 Жыл бұрын

@@Patron130 percentage gets smaller with companies success

@brourke12 8 ай бұрын

He wouldn't do it because it is risky, not because the shares would be diluted.

@camyeoman4180 Жыл бұрын

Of course he “still wouldnt do that deal” he can never be wrong ever can he

@sambarnhurst4584 Жыл бұрын

That's not a mistake... it was smart

@randallel5987 Жыл бұрын

He’s talking so fast and dismissed while Minimizing ring because he straight knows he missed it hard.

@Iamonepercent Жыл бұрын

He is a clown

@nesswatch7935 Жыл бұрын

He’s a billionaire, you really think he misses an opportunity? When he himself has flourished from so many opportunities lmao. People are clowns for thinking Mark misses getting involved with projects.

@ryunz9639 2 ай бұрын

@zee-vc5wlbro watch the episode. It was 700k for 10%. He would’ve turned 700k into a couple hundred million.

@keyverrse Жыл бұрын

I think mark is just salty he missed a good investment

@86kickass Жыл бұрын

Not at all bro he’s still rich and powerful I doubt he’s that bothered maybe he would have rather had the extra time to spend w family or work on other projects

@enriquecabrera2137 Жыл бұрын

His biggest mistake was trying to scam people. He's lucky he has money now otherwise he'd be broke in the street.

@Charsi_Escobar Жыл бұрын

Scam people??

@enriquecabrera2137 Жыл бұрын

@@Charsi_Escobar look it up. He's been actively involved in some outright scams trying to swindle people out of money for literally no reason other than needless greed.

@Dutch329 11 ай бұрын

I love how he actually broke it down in real time rather than those other typical KZfaqrs who probably had a handout from daddy’s money and love to push the “if you invest you’ll automatically get rich it’s so easy” narrative. It’s wayyy more to it.

@sugarz005 Жыл бұрын

Uber still loses money every year.

@5699CAR Жыл бұрын

I think they just had their first profitable quarter, thanks to ubereats

@sugarz005 Жыл бұрын

@@5699CAR not to mention all the cities around the world where uber is banned from. But yeah, uber eats was a game changer for them.

@waleed8530 Жыл бұрын

@@sugarz005 Here in Saudi Arabia they didn't last for a long time, but I believe they bought Careem (Careem is a Dubai-based super app with operations in over 100 cities, covering 12 countries across the Middle East, Africa, and South Asia regions. The company, which was valued at over US$2 billion in 2018, became a wholly-owned subsidiary of Uber after being acquired for $3.1 billion in January 2020) This seems like high-tech company approach, ok we gonna buy you.

@fairtreatment2618 Жыл бұрын

You actually don’t know because they aren’t a public company

@sugarz005 Жыл бұрын

@@fairtreatment2618 and yet still here I am saying it.

@vato7251 Жыл бұрын

It wasn’t that I was wrong, it’s that I was wrong lmaoooo

@gaby85 9 ай бұрын

The man that said QR codes were going the way of the Dodo 😂

@armourdream 9 ай бұрын

The biggest mistake was rejecting scrub daddy

@aflypoet Жыл бұрын

Damn that's true...ring sold for a billion,but they had to raise 400 million.. if they didn't get bought out.. they wouldn't be here..facts

@automaticreply Жыл бұрын

Ring, the internet doorbell?

@shindeirunani Жыл бұрын

on shark tank a man came in and showed a security cam product that eventually sold to Amazon which turned into Ring

@automaticreply Жыл бұрын

@@shindeirunani ty

@noahziegler3478 Жыл бұрын

Mark Cuban is such a G. You can tell how he talks his brain is working at twice what his mouth can keep up with.

@astroguyco Жыл бұрын

I think he missed every good call in Shark Tank

@Charsi_Escobar Жыл бұрын

Lori crushed them all with scrub daddy and simply fit boards alone

@astroguyco Жыл бұрын

@@Charsi_Escobar every good deal he would pass, then he claims he never got a good investment. When CMB was a decent deal but he lowballed and got rejected

@DonLyfe Жыл бұрын

He salty asf…. 😂😂😂 “if they weren’t bought they wouldn’t be here” yeah alright fast talker

@jamespark6416 Жыл бұрын

Lol what he said wasn’t wrong

@DimaKovac 10 ай бұрын

@@jamespark6416yeah but still a lot of bs the man is to proud of him self to ever admit that he fucked up and that if he could go back ofcourse the dude would invest in it he would get millions out of it Yeah it’s risky as hell and most of em saw that but if they could go back all of em would take the dam deal Mark talking bs saying he wouldn’t take the deal

@felixuchies4688 Жыл бұрын

well someone paid for it and it's still here

@marcowhite4850 Жыл бұрын

His biggest miss was everything else. He did one thing right lol

@FUBARguy107 Жыл бұрын

And now Uber is in trouble... good dodge. Womp womp Edited for spelling

@paulcunningham5327 Жыл бұрын

Mine was skip the dishes, I met the Country Manager for Malaysia when I was living there, he invited me for dinner with his boss who was in town, really great people, had a really good time but then the pitch came and I remember telling them how much I liked them but how stupid I thought the business was, I wished them well, told them I would help where I could but would not invest.... Now I'm 50 and I still have to work 🤣🤣🤣

@danpang5404 Жыл бұрын

🧢

@jonathanscott5932 Жыл бұрын

If you were important and wealthy enough that they came to you, you wouldn’t still be working at 50. I’ll take things that never happened for 500 Alex.

@paulcunningham5327 Жыл бұрын

@@jonathanscott5932 you believing me or not makes zero difference to my life, I know where I have been and what I have done, been involved in etc.... Thanks for chipping in though.

@MTAurelius Жыл бұрын

@@jonathanscott5932 not true Business fail and people lose a lot of money have to go back to a career. Money is also lost from bad investments and similar thing. If you think all business ventures and investments are successful you have to study the people that fail more instead of watching only successful people on social media

@jonathanscott5932 Жыл бұрын

@@MTAurelius if you believe him I have a coastline property in Arizona I’d like to sell you.

@voyager1997 Жыл бұрын

The biggest mistakes are the risks you don’t take! I’m not talking about gambling or life threatening things, but financial things can really make but rarely break you.

@editorindebt8410 4 ай бұрын

ring traumatizes him

@loafofaids1835 Жыл бұрын

Good choice since uber is now a failing business

@shainal1991 Жыл бұрын

True but the investors or the stage he was investing in , made a lot of money

@emmanuellagace152 Жыл бұрын

Uber is a dark company that profits from their drivers hardships "being attacked etcétéra". I REFUSE to use Uber "never have".

@blu3fire105 Жыл бұрын

“F*ck it”

@TonyPajamas24 Жыл бұрын

😭😂

@InformedZoomer Жыл бұрын

It’s like saying you regret not putting it all on black at the casino because black happened to win. There’s not necessarily a good way to predict it so going back it is still the best decision even if it turned out that your gamble would have won.

@segzilla6875 Ай бұрын

Mark knows he messed up with ring. Keep it real. 😂. Every house has one 😂

@PlutoTheGod Жыл бұрын

This interview every time I see clips from it Cuban comes off like a bullshitter. First he said he made like 40k a weekend from throwing parties as a kid with math that didn’t make sense and now he’s saying if he could go back in time he still wouldn’t invest in ring which would have probably 20x’d his investment? Cmon bro. These guys have such an ego they never wanna seem wrong

@devinxoxo8350 Жыл бұрын

Exactly he would be 10 times more relatable if he could just admit that him skipping out on ring was a fuck up

@TooChillery Жыл бұрын

Nahhh mark needs to chill his ego out. Kevin was talking about he would have made 900million if he did the ring deal.

@jrg1120 Жыл бұрын

Impossible, if it sold for a billion and they raised 400 million, thats 600 million if you owned 100%? Remember you only own a small percentage. Please tell me how you would get over 200% of the profit it sold for?

@andrewx2047 Жыл бұрын

Steiny is that type of person, they watch a couple of TikTok‘s of them. And he thinks he knows their whole life story

@mithicash1444 Жыл бұрын

This is called risk management

@browngaymethodistjesuschri1361 Жыл бұрын

Über made me wait an hour for food before declining the order, useless

@IFA1 Жыл бұрын

Thats the restaurant being full and/or behind in orders causing the delay. Which then makes the driver value their time like any self employed individual should and move on by removing that order from their time to get another. Uber didn't make you wait an hour...the restaurant made the driver wait an hour. People remove blame from the restaurant too much.

@prisonmike4971 Жыл бұрын

I'll take ring over uber. Any god damn day.

@inderjyotbharath9727 Жыл бұрын

High risk, high reward.

@stevenpatrickmilton1248 Жыл бұрын

Man acting like he didn't fuckin fail heavy

@GAM3RSiLV3R Жыл бұрын

Lol yk sharks will not admit they missed out typical. Jst say I should of invested bt it's ok I'm still a billionaire there easy.

@calebducommun7589 Жыл бұрын

For a business genius like himself I’d listen to why he thinks it’s still a bad idea vs what you say. Cause his opinion is backed by decades of experience, reasoning, and logic

@owensunuwar697 Жыл бұрын

Mr wonderful has said that it was his Miss....

@insomthegreat Жыл бұрын

Watching white people allow gypsy cab's "woke" me up 😂😂😂 Destroyed an entire industry illegally.

@richard-fish-monger Жыл бұрын

Bigot

@Charsi_Escobar Жыл бұрын

Gypsy cabs?

@fofopads4450 Ай бұрын

Robert saying hard wired alarm systems are unchackable is almost endearing.

@samroberts4052 Жыл бұрын

I love when rich people prove why they’re rich

@hnsinc2257 Жыл бұрын

Guy is lost…..So what kind of business isn’t a miss mark? A perfect company that’s profitable making tons of money that just goes hey want a piece? He just wants a lottery ticket……guy says he still wouldn’t do that deal….guy has so much money he is lost now….what a clown 🤡

@Ps3shwoo Жыл бұрын

still has 4.6 billion dollars which is more then ur entire family line so smd

@jamesahn9910 Жыл бұрын

I dont think you understand what dillutions works. That and the fact that, would you invest in a company thats needs 400 million to be successful? Ehh kinda iffy, most would probably not take that gamble.

@jacoby5868 Жыл бұрын

he's got a point, it was such a risky thing and he'd rather take the safe route

@Necris9 Жыл бұрын

"Work before payout? Nah I'm good" -Mark Cuban

@AbdirahmanIdris-ku9xm 8 ай бұрын

Great point. Raising that kind of money means giving away a lot of equity

@adolphgracius9996 Жыл бұрын

The "i didn't liked him that much anyways" is showing

@danny_hampton Жыл бұрын

He’s got cell phone pinky 😂

@jImMyFaLlOn-yc7nz 9 ай бұрын

Bro literally sold his company also 🤣

@felixb6403 Жыл бұрын

Didn’t even let him answer the question …

@b.e.r.nnetwork8251 Жыл бұрын

Great explanation of how it's still a bad deal and he didn't miss out.

@roy19491 Жыл бұрын

All the cost of the zuber startup was stalling, delaying, extortion, bureaucratic inaction, and cab companies trying to get government to give them exclusive business rights, threatening Uber drivers with arrest, and vehicle confiscation