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The media pundit's pundit. Written by NYC insider Jeff Jarvis, BuzzMachine covers news, media, journalism, and politics.

The accidental rich

3 comments on The accidental rich

The accidental rich

: I’m not getting Mark Cuban‘s competitor to Donald Trump’s The Apprentice. Cuban became a billionnaire by finding idiots at Yahoo.com who bought his Broadcast.com and promptly killed it. Prior to that, he sold a company to idiots at CompuServe, who promptly drove their company into the ground. Well, good for him. He makes money finding idiots, one of whom will now make a million bucks. I guess that’s the perfect reality-show resume. And this is how we redistribute wealth these days.

3 responses to “The accidental rich”

  1. Oliver Avatar
    Oliver

    These days? Jeff, you know history better than that. Fortunes are built on suckers, from the ’20s to Ponzi to Enron, to whatever the next thing is. Trump finds suckers, as did Cuban.

  2. carsonfire Avatar
    carsonfire

    The rich are funny people. I read this morning that America’s richest senator is launching a “Fortunate Son” ad blitz to complain that Bush came from a rich family.

  3. AnotherScott Avatar
    AnotherScott

    Cuban also made a lot of money after he sold his Yahoo stock (at its high point) by ‘shorting’ it all the way down.
    He’s a smart about finance and details and a good ‘idea’ guy; perfect entrepenuer, though probably not a good model for CEO.
    I like his blog and some of his ideas about tech and basketball. However, his show looks like a stinker (and doesn’t make him look too flattering either).