How sad

Parent Cafe
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<p>[BBC</a> NEWS | Business | Youngest billionaires lose money](<a href=“http://news.bbc.co.uk/2/hi/business/7937449.stm]BBC”>BBC NEWS | Business | Youngest billionaires lose money)</p>

<p>My heart really bleeds for him.</p>

<p>Not.</p>

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<p>he’s not on this list, but my favorite internet billionaire to sell at EXACTLY the right time was Mark Cuban selling broadcast.com to Yahoo for $5.7 billion in stock. This was for a company that didn’t produce ANY content. It was just a bunch of links to other sites and hardly anyone had broadband back then. I know Mr Cuban must have sold a bunch of shares for a good chunk of $$ because he owns the Dallas Mavericks.</p>

<p>[Yahoo</a> to buy Broadcast.com for $5.7B - Apr. 1, 1999](<a href=“http://money.cnn.com/1999/04/01/deals/yahoo/]Yahoo”>Yahoo to buy Broadcast.com for $5.7B - Apr. 1, 1999)</p>

<p>I hope Mr Cuban sold those shares near the peak of yahoo
[Yahoo</a>! Inc. Share Price Chart | YHOO - Yahoo! Finance UK](<a href=“YHOO Interactive Stock Chart | - Stock - Yahoo Finance”>YHOO Interactive Stock Chart | - Stock - Yahoo Finance)</p>

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<p>You are so right about Mark Cuban.</p>

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<p>One thing that many people don’t know about Mark Cuban is that not only did he found HDNET, but his support for HD television went a long way towards adoption of the standard in the US.</p>

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<p>I did know about Cuban and HD. Of course I’m too cheap to pay comcast EXTRA for HD, so I will have regular tv for a while.</p>

<p>I remember listening to streaming audio in 1996-1998 on my 14K baud modem with Realplayer. Yes, I had version 1.0</p>

<p>I knew the potential for live audio and video was HUGE. </p>

<p>I realized the internet bubble was out of control when Yahoo paid all that $$ for broadcast.com</p>