Mark Cuban's Missed Opportunity: Turning Down a $250,000 Uber Investment that Skyrocketed to $2.3 Billion

1 min read
Source: Yahoo Finance
TL;DR Summary

Billionaire Mark Cuban regrets rejecting an offer to invest $250,000 in Uber in 2009, which would now be worth $2.3 billion. Cuban foresaw regulatory challenges for Uber but underestimated its ability to overcome them. Despite the missed opportunity, Cuban's net worth is estimated at over $5 billion. He encourages entrepreneurs with disruptive ideas to approach him, vowing not to make the same mistake twice. Cuban is not alone in passing up on lucrative opportunities, as Blockbuster famously declined to buy Netflix for $50 million.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

2 min

vs 3 min read

Condensed

85%

55984 words

Want the full story? Read the original article

Read on Yahoo Finance