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To: Trader J who wrote (6859)1/31/2006 12:58:10 PM
From: Lizzie Tudor  Respond to of 15851
 
Chances are, he is in deep with a minority player, that is his nature.

He (Cuban) is actually something of an antagonist to the tech establishment. I don't know if he was rejected as a CEO of a hot Kleiner Perkins company years ago, or what. But he isn't well liked and I definitely side with the establishment out here.

Cuban's "claim to fame" is really that he sold out in the 90s. A lot of people did that but Cuban has a much larger mouth about it. The best venture capitalists believed in their ventures and never left, thinking the best time to invest in a new venture is in the depths of a recession.

There is another guy like Cuban out here, "Theil" (sp?) who was a founder of paypal. He is just like Cuban, constantly saying things like tech stocks are overvalued etc. After leaving paypal Theil did not become a venture capitalist, instead he became a hedge fund manager and sold tech and bought things like oil. No tech visionary would ever make a leap like that. Sometimes Bambi Francisco interviews Theil on Marketwatch where is always bashing Google saying it is too expensive. He has missed the entire GOOG run. I don't know what Theil did at paypal but you need a lot of people to bootstrap a company and many of them don't have to be that visionary, maybe he was one of those.