Mark Cuban is a successful businessman and investor, owner of the Dallas Mavericks, a judge on the popular TV show Shark Tank, and a… crowdfunding enthusiast?
It certainly seems that way after listening to today's NextMarket podcast, in which Cuban tells host Michael Wolf that “Kickstarter should be a requirement for every startup.” He explains:
It's a way for you create demand and sell the product without giving up any equity. That is a compliment to what an investor might do. In terms of PE (price to equity), there are strategic investors and then there's just money. I'm not a big fan of money investors, which is what most angel investors turn out to be, because they just want their money back. I try to be very strategic, I try to add value, or I don't make the investment.
To read the original article: Mark Cuban Says Crowdfunding Should Be Required for All Startups
