a16z Podcast Curing the Trust Problem with Mark Cuban
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Jul 12, 2023 
In this discussion, Mark Cuban, a dynamic entrepreneur and owner of the Dallas Mavericks, teams up with Vijay Pande, a seasoned partner in bio and health. They dive into the urgent need for trust in healthcare, tackling the complexities of pricing and the role of Pharmacy Benefit Managers. Cuban shares his vision for transparency, offering a bold business model to lower drug costs and enhance patient access. The duo also reflects on the parallels between healthcare and the NBA, blending humor with serious insights on industry reform.
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First Business
- At 12, Mark Cuban's dad told him to get a job if he wanted new shoes.
- This led to his first business selling garbage bags, teaching him the importance of sales.
Inefficient Markets
- Recognizing inefficient markets is key to finding opportunities.
- Cuban exploited inefficiencies in the stamp market as a teenager, highlighting the importance of curiosity and learning.
Team Alignment
- Align team goals with your vision by offering equity.
- Cuban gave equity in all his startups, motivating employees and aligning their success with the company's.