Grit13 Mai 2024

#190 Co-Founder Cost Plus Drugs, Mark Cuban: Mavs to Meds

Guest: Mark Cuban, co-founder of Cost Plus Drugs and costar, Shark Tank

“I just love to compete,” says Mark Cuban. “And the day I stop is the day I’m dead.” Previously the co-founder of MicroSolutions and Broadcast.com, Cuban is probably best known to the public today for competing with the likes of Daymond John and Barbara Corcoran on the reality TV show Shark Tank. But his real focus — and his real enemy — these days is the pharmaceutical industry. His latest company, Cost Plus Drugs, aims to be far more transparent than established PBMs, or Pharmacy Benefit Managers, and Mark clearly relishes eating their margin. “Everybody talks about disrupting healthcare,” he says. “This is the easiest motherf**king industry I've ever tried to disrupt because it is so opaque, and everybody is so captured by the scale of these big companies.”

In this episode, Mark and Joubin discuss Luka Dončić, Synthesia, the Sony hack, the American Dream, TikTok propaganda, MicroSolutions, throwing away watches, keeping kids grounded, Black Mirror, keeping up, Ali Ghodsi, the NBA, MGM, gambling in Dallas, the Adelson family, CES, transparency, and Alex Oshmyansky.

Chapters:

(00:55) - Game day and superstitions
(03:08) - Email responsiveness
(05:48) - Shark Tank
(09:21) - Retiring young
(10:57) - American Airlines’ lifetime pass
(12:55) - Sports and blue-collar work
(16:02) - Compete or die
(17:43) - Why Mark hates meetings
(19:57) - Immortality through AI
(23:05) - The new AI wave
(25:07) - Startup founders and low-hanging fruit
(29:24) - Selling Broadcast.com to Yahoo
(31:35) - The Dallas Mavericks
(34:52) - Selling his majority stake
(37:08) - The missing link in pharma
(41:27) - Disrupting a huge industry
(43:57) - The problem with debt
(44:59) - What “grit” means to Mark

Links:

Connect with Mark
- Twitter
- LinkedIn
Connect with Joubin
- Twitter
- LinkedIn
- Email: grit@kleinerperkins.com
Learn more about Kleiner Perkins
This episode was edited by Eric Johnson from LightningPod.fm

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(286)

CRO ServiceTitan, Ross Biestman: ‘Team Before Self’: Motivating High-Performing Salespeople

If you ask Ross Biestman about the highest-performing environment he’s ever been a part of, you might be surprised to hear nothing of his time as an investment banking analyst or as a salesperson at A...

15 Feb 202152min

CRO Snowflake, Chris Degnan: Building Snowflake’s Successful Sales Organization from the Ground Up

Cloud-based data storage company Snowflake made headlines this past September when it underwent the highest-valued software IPO in stock market history. For the company’s Chief Revenue Officer, Chris ...

8 Feb 20211h 5min

CRO Flexport, Will Urban: Streamlining Global Trade With Revolutionary Technology

Global trade is as complex as it is essential to worldwide economic stability. From organizing freight shipped through the air or over oceans, to customs and other governmental red tape, there’s a lot...

1 Feb 202150min

Founder and CEO of Applied Intuition, Qasar Younis: Creating Customer-Oriented Company Cultures

When it comes to building a company from the ground up, Qasar Younis has done it all. A mechanical engineer by trade and entrepreneur at heart, Qasar transitioned from working on cars to building star...

25 Jan 202155min

Board Director at Fastly, Kelly Wright: How She Went from Selling Door to Door to Board Director

Kelly Wright has had a remarkable career in sales, from her early days selling books door to door to joining Tableau as a developing startup and helping them grow into a multi-billion dollar company a...

11 Jan 202149min

CRO Auth0, Dave Wilner: Discussing Growth and Leadership

Dave Wilner joined Auth0 in November of 2014, and has played an instrumental role in growing the company to $1 billion in valuation.In this episode of Go to Market, Joubin and Dave discuss Dave’s uniq...

28 Des 202037min

CRO Atlassian, Cameron Deatsch: Exploring Atlassian’s Unorthodox Strategy

Atlassian is one of the most unorthodox technology companies in the world. Almost everything the company does is completely different than what you would expect. And yet, the organization has been mas...

14 Des 202055min

CRO Twilio, Marc Boroditsky: A Behind the Scenes Look at Twilio’s Go to Market Strategy

Marc Boroditisky brings a unique perspective to the table as CRO of Twilio, as a founder and builder who has led several companies. In this episode of Go to Market, Joubin and Marc discuss his unique ...

30 Nov 202051min