News
Mark Cuban Campaigns for Democratic Presidential Candidate
Mark Cuban, a longtime billionaire entrepreneur and owner of the NBA team the Dallas Mavericks, has been actively campaigning alongside Democratic presidential candidate Kamala Harris. Cuban is widely recognized for his role as a celebrity investor on the television series “Shark Tank.”
In his early career, Cuban founded MicroSolutions, a company he sold to H&R Block. He later co-founded AudioNet, recognized as the first commercial streaming company, which was eventually sold to Yahoo! Inc. for $5.7 billion in 2000. Cuban became the owner of the Dallas Mavericks that same year, although he has since reduced his ownership stake.
Cuban has diversified his business interests over the years, participating in a broad range of ventures from technology to entertainment. He co-founded AXS TV and HDNet Movies, the first high-definition television network. Additionally, he co-owns Magnolia Pictures and 2929 Productions and was previously involved with the Landmark Theater chain. His work as an executive producer has brought him several Academy Award nominations, as well as an Emmy Award for his role in “Shark Tank.”
In recent developments, Cuban has said he will depart “Shark Tank” after wrapping up Season 16 in 2025. He told USA TODAY his decision to leave is driven by personal reasons, particularly a desire to spend more time with his family.
Cuban’s recent political activities have spotlighted his shift in allegiances. Originally a supporter of former President Donald Trump, Cuban publicly withdrew this endorsement, citing ethical concerns and expressing strong criticism of Trump’s presidency.
Cuban has voiced strong support for Kamala Harris in her 2024 presidential bid, joining over 100 other venture capitalists in endorsing her. He has committed to campaign for Harris in various locations, including Milwaukee and La Crosse.
Though Cuban has ruled out any involvement in a potential Harris administration, citing his focus on his endeavor, Cost Plus Drugs, aimed at reducing prescription drug costs, his role as a vocal supporter remains significant.