This Week in Startups Mark Cuban on the resurgence of retail investors, NBA’s potential entry into wagering & digital assets, DeFi & much more | Angel S5 E5
Feb 18, 2021
Mark Cuban, the dynamic businessman and owner of the Dallas Mavericks, shares his insights on the changing landscape for retail investors, catalyzed by platforms like Robinhood. He discusses the evolution of the NBA, highlighting analytics, player conditioning, and the potential for wagering. Cuban touches on the resurgence of interest in digital assets and the transformative world of DeFi. He emphasizes the challenges startups face in adopting AI and the importance of quality data, all while reflecting on the future of tech and financial communities.
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Episode notes
First Encounter
- Mark Cuban's initial impression of Jason Calacanis stemmed from an article Calacanis wrote criticizing Broadcast.com's valuation.
- However, Cuban appreciated the article's candidness and the ensuing conversation.
Bubble Protection
- When realizing you're in a market bubble, secure your gains through appropriate financial instruments like collars or puts.
- Diversify and protect yourself, regardless of how much you believe in a particular company.
Retail Investors Now
- Today's retail investor resurgence differs from the dot-com era due to lower interest rates and organized online communities.
- Groups like Wall Street Bets showcase in-depth analysis combined with an anti-establishment ethos.