
Luck and Risk: Two Sides of the Same Coin
I have heard Mark Cuban in many interviews – he doesn’t shy away from the microphone. In one interview a handful of years ago, he was asked if he could replicate what he did with Broadcast.com by building another successful company. His answer was interesting to me. Cuban was confident he could grow another company and sell it to them for a handsome profit. However, he went on to say, doing it during one of the biggest stock market bubbles of all time is just plain luck. “I couldn’t replicate that.”