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Probably a fake account, but apparently Mark Cuban was an early investor but had his investment returned over a disagreement on strategy.

• deleted 13y ago
  [deleted]
• 001sky 13y ago
  story>http://pando.com/2014/01/31/box-is-the-unicorn-that-mark-cuban-let-get-away/ http://pando.com/2014/01/31/box-is-the-unicorn-that-mark-cub...
  • adventured 13y ago
    It's a pretty silly story. To keep even 10% ownership of Box through their massive dilution would have been extremely expensive. Cuban owned a small position in it. Very understandable how that would not have been worth it for a guy like Cuban (who has demonstrated he's content with a couple billion, and never puts even a small % of his fortunate at risk, having stated over the years that his biggest fear is losing it all).
    • 001sky 13y ago
      "DFJ got in early, contributing the whole $1.5 million Series A round in 2006, and participated in every round after to build its 25.5% position. The Wall Street Journal says the latest $100 million round was at a $2 billion valuation, which implies Box will likely be valued higher than that at IPO." Cuban invested $350K in the seed, so it was just his call.
      • adventured 13y ago
        That was understood when I commented. Not sure what your point is.
        • 001sky 13y ago
          "Cuban owned a small position in it" No, not if he invested $350k in the seed round (in 2005). Take a look at the capital raises.# _________________ # "DFJ got in early, contributing the whole $1.5 million Series A round in 2006"