TIP 017 : My Business Deal with Billionaire Mark Cuban (Investing Podcast)
The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network
Stig Brodersen
4.6 • 3.6K Ratings
🗓️ 11 January 2015
⏱️ 64 minutes
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Summary
Transcript
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| 0:00.0 | This is episode 17 of the Investors Podcast. |
| 0:04.0 | Broadcasting from Bel Air, Maryland. |
| 0:07.0 | This is the Investors Podcast. |
| 0:11.0 | They'll take complex things and make them seem insanely simple. |
| 0:16.0 | They make your boring drive-to-work feel exhilarating. |
| 0:19.0 | They give you actionable investing strategies. |
| 0:23.0 | Your host Preston Pish and Stig Broiderson. |
| 0:28.0 | All right, how's everybody doing today? |
| 0:31.0 | This is Preston Pish and I'm your host for the Investors Podcast. |
| 0:34.0 | And as usual, I am accompanied by my co-host Stig Broiderson out in Denmark. |
| 0:39.0 | So today we've got a very exciting guest. |
| 0:43.0 | And his name is Stefan R. Stahl. |
| 0:46.0 | And for anybody in the United States, you're probably familiar with this show called the Shark Tank. |
| 0:51.0 | For our audience abroad, you might not necessarily know what the show is about. |
| 0:55.0 | So what I'm going to do is I'm going to briefly describe what the show Shark Tank is all about. |
| 1:00.0 | And it's a very popular show here in the United States. |
| 1:03.0 | What the Shark Tank does is it brings on different people that pitch ideas to high-powered investors. |
| 1:10.0 | There's a couple billionaires on the show and all the other investors that are on there are well worth over $100 million each. |
| 1:18.0 | So the combined value of all these sharks on the show is probably upwards of like two to four billion dollars in total for the people that are getting these ideas pitched to them. |
| 1:29.0 | And so what's really neat about the show is these these up and coming entrepreneurs come on and they pitch their ideas like, hey, I've got this idea for this glass as holder that you put your eyeglasses into your shirt pocket or something like that. |
| 1:43.0 | And so then the sharks will argue and then they'll sometimes fight over equity into the person's business. |
| 1:50.0 | And the great thing about the show is they do it all live right there in the negotiation takes place right there on TV. |
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