> Wow, hedging against patent trolls by backing them is some sick and twisted logic.
But not unexpected for Mark Cuban.
This is the man who owes his status as a billionaire to hedging. If he hadn't hedged out his Yahoo exposure at the very top of the dot-com bubble, then he would've been worth about $60 million by the time his lock-up period expired.
$1.4 billion vs. $60 million. Being one of the richest 500 Americans, vs. not even being able to buy the Dallas Mavericks. You can see why Mark Cuban believes in hedging.
But not unexpected for Mark Cuban.
This is the man who owes his status as a billionaire to hedging. If he hadn't hedged out his Yahoo exposure at the very top of the dot-com bubble, then he would've been worth about $60 million by the time his lock-up period expired.
$1.4 billion vs. $60 million. Being one of the richest 500 Americans, vs. not even being able to buy the Dallas Mavericks. You can see why Mark Cuban believes in hedging.