Mark Cuban, an American business tycoon, shared in an episode of Hart to Heart how he had passed an offer to invest in Uber by its co-founder, which could have earned him billions of dollars.

PH: Did Mark Cuban Invest In Uber? Here’s How Mark Cuban Turned Down A Chance to Earn A $2.3 Billion Investment In Uber Today. (Photo: INC)

Why Did Mark Cuban Decline To Invest In Uber?

In a one-on-one talk with Kevin Hart, Mark Cuban brought up how Uber’s co-founder Travis Kalanick offered him to invest in Uber on a $10 million valuation but turned down the offer because he thought the rideshare company wasn’t worth that much.

In 2009, if Mark Cuban would have wagered to invest in Uber his $250,000, he could have accumulated a total investment of $2.3 billion today.

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How Did Mark Cuban Miss The Opportunity To Invest In Uber?

Complex‘s published article reported that Mark Cuban took home a hefty pay when the start-up named Red Swoosh was sold by Kalanick for $18.7 to Akamai in 2007, with whom Mark Cuban has priorly invested $1.7 Billion in 2005.

This made Mark Cuban consider Kalanick’s offer to invest in Uber, however, when he negotiated for a $5 million valuation instead, Kalanick never returned and found somebody else.

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