Mark Cuban, co-founder of Cost Plus Drugs and Shark Tank star, discusses competing with big pharma, Luka Dončić, AI immortality, hating meetings, and transparency in healthcare. Touches on retiring young, sports, Shark Tank impact, family values, and entrepreneurial challenges.
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Quick takeaways
Mark Cuban emphasizes disrupting the opaque pharmaceutical industry through transparency and trust with Cost Plus Drugs.
In the podcast, the transformative nature and challenges of adapting to the evolving AI landscape are highlighted.
Deep dives
The Transformative Impact of AI in the Future
The uncertainty surrounding the impact of AI on the world in the next five, ten, and twenty years is highlighted, emphasizing the transformative nature of AI and the challenges of anticipating its full potential. The speaker stresses the difficulty in containment and the necessity to adapt to the evolving landscape.
Jubin's Candid Exploration of Entrepreneurship
Jubin, the operating partner at Kleiner Perkins, seeks to candidly explore the personal and professional aspects of creating, building, and scaling world-class organizations. His podcast focuses on authenticity rather than highlighting the guests' successes, aiming to provide insights into the art of entrepreneurship.
Silly Rituals and Superstitions in Game Day Preparations
Humorous anecdotes about sport superstitions and rituals are shared, shedding light on the quirky behaviors of individuals, from players to podcast hosts. Stories about specific rituals like drinking Diet Coke during games for luck add a lighthearted touch to the conversation.
Revolutionizing Healthcare Transparency with Cost Plus Drugs
The innovative approach of Cost Plus Drugs in providing transparent drug pricing is discussed, showcasing the disruptive impact on the opaque pharmaceutical industry. Mark Cuban's dedication to revolutionizing healthcare through transparency and trust is evident in his hands-on involvement and passion for driving change.
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.