Mark Cuban: We’re In A Tech Bubble And It’s Worse Than The 2000 Era

Dallas Mavericks owner Mark Cuban knows a thing or two about tech booms. He made his fortune in the dot-com explosion of the late 1990s, founding and then selling Broadcast.com for more than $5 billion. By doing so, he also avoided the great tech bust that followed the boom. As a result, he’s remained a billionaire, and gone to become a championship sports team owner, a TV star, and a powerful investor.

Today, Cuban thinks the bubble has returned in a far more dangerous way. In a post on his blog Wednesday evening, Cuban warned against the current mania of investment in apps and other smaller tech firms, writing “If we thought it was stupid to invest in public internet websites that had no chance of succeeding back then, it’s worse today.”

The crux of his argument: While the tech bubble of 2000 was essentially a public stock bubble, today’s bubble is in the private investment realm, leaving those who are in too deep no way to escape. Thousands of angel investors have sunk large sums into private companies, but have no mechanism to liquidate their investments if there’s trouble. They can’t sell their position, even if they realize it was a mistake.

Here’s a key section of his post:

I have absolutely not doubt in my mind that most of these individual Angels and crowd funders are currently under water in their investments. Absolutely none. I say most. The percentage could be higher

Why ?

Because there is ZERO liquidity for any of those investments. None. Zero. Zip.  


The only thing worse than a market with collapsing valuations is a market with no valuations and no liquidity.

If stock in a company is worth what somebody will pay for it, what is the stock of a company worth when there is no place to sell it ?

Originally appeared on Bloomberg

73 Comment

  1. 542401 613061Howdy! I just wish to give a huge thumbs up for the great info you may have here on this post. I will probably be coming back to your weblog for more soon. 698540

  2. 63968 816186hi this post aid me full . .in the event you want watches males go to my web sites is very assist you for males watches. .thank man very good job. 310501

  3. 368782 328037Taylor Lautner By the way you might want to have a look at this cool website I found 888820

  4. 510618 550848Youre so cool! I dont suppose Ive learn anything like this before. So good to uncover any person with some authentic thoughts on this topic. realy thank you for starting this up. this website is something that is wanted on the internet, someone with just a little bit originality. useful job for bringing something new to the internet! 982991

  5. 260941 949359Giving you the top News is really significantly imptortant to us. 170149

  6. 362630 499778You created some decent factors there. I looked on the internet for the issue and identified most individuals will go along with along with your internet site. 676463

  7. 313404 402977Extremely good publish, thanks a great deal for sharing. Do you happen to have an RSS feed I can subscribe to? 84798

  8. I simply want to say I’m new to blogs and absolutely enjoyed you’re blog site. Most likely I’m want to bookmark your blog . You amazingly have remarkable posts. Cheers for sharing with us your web page.

  9. Cheap Paxil [url=http://ggenericcialisle.com]Cialis[/url] Which Bacteria Does Cephalexin Treat Buy Cialis Forum Cialis Acquisto

  10. I needed to draft you this very little observation to be able to say thanks a lot as before for all the striking pointers you have documented here. This is so strangely open-handed of people like you in giving extensively just what numerous people could have made available for an e-book to generate some bucks for their own end, most importantly seeing that you might have done it in the event you wanted. These points in addition acted to be the good way to fully grasp other people have a similar fervor really like mine to know much more with reference to this problem. I believe there are a lot more pleasant moments up front for individuals who start reading your website.

  11. I’m impressed, I have to say. Really not often do I encounter a weblog that’s each educative and entertaining, and let me inform you, you’ve gotten hit the nail on the head. Your idea is outstanding; the problem is one thing that not sufficient individuals are talking intelligently about. I’m very completely happy that I stumbled throughout this in my search for something referring to this.

  12. Hi, Neat post. There’s a problem together with your site in internet explorer, would check this¡K IE still is the market leader and a big element of people will omit your magnificent writing due to this problem.

  13. I truly enjoy studying on this internet site, it has got great articles. “Beware lest in your anxiety to avoid war you obtain a master.” by Demosthenes.

  14. You actually make it appear so easy along with your presentation however I in finding this matter to be really something which I believe I’d never understand. It kind of feels too complex and extremely broad for me. I’m looking forward for your next put up, I will attempt to get the dangle of it!

  15. Excellent post. I used to be checking constantly this weblog and I’m inspired! Very helpful info specially the final section 🙂 I deal with such info much. I used to be seeking this particular information for a very lengthy time. Thanks and best of luck.

  16. Thank you for the good writeup. It in reality was once a enjoyment account it. Look advanced to far brought agreeable from you! By the way, how can we keep in touch?

  17. Couldn´t be written any kind of far better. Reading this post reminds me of my old room mate! He always kept talking about this. I can forward that article to him. Extremely sure he definitely will possess a excellent read. Thanks for sharing!

  18. Thanks so much for giving everyone an extraordinarily terrific opportunity to read critical reviews from this blog. It is always very beneficial and also full of a lot of fun for me and my office mates to search your website a minimum of three times a week to see the newest tips you have. And indeed, I’m actually astounded concerning the stunning tips you give. Some 4 points in this post are definitely the simplest I have ever had.

  19. Simply wanna remark that you have a very nice web site , I enjoy the design and style it actually stands out.

  20. I want to express thanks to you just for bailing me out of this scenario. Right after scouting throughout the world-wide-web and seeing tips which were not beneficial, I believed my life was well over. Being alive without the presence of solutions to the issues you have solved through your review is a serious case, and those that would have adversely affected my career if I hadn’t come across the blog. Your good training and kindness in touching all things was helpful. I’m not sure what I would have done if I had not discovered such a stuff like this. I can also at this point relish my future. Thanks a lot very much for this specialized and effective guide. I will not be reluctant to propose the sites to anybody who would need tips about this problem.

  21. This is a good blog. Keep up all the work. I too love to blog. This is great everyone sharing opinions

  22. I loved as much as you’ll receive carried out right here. The sketch is attractive, your authored material stylish. nonetheless, you command get got an nervousness over that you wish be delivering the following. unwell unquestionably come more formerly again as exactly the same nearly a lot often inside case you shield this increase.

  23. You made some nice points there. I looked on the internet for the subject matter and found most people will approve with your site.

  24. Wow! This can be one particular of the most helpful blogs We’ve ever arrive across on this subject. Actually Excellent. I am also a specialist in this topic so I can understand your hard work.

  25. I don’t even know how I ended up here, but I thought this post was great. I do not know who you are but certainly you are going to a famous blogger if you are not already 😉 Cheers!

  26. When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get four emails with the same comment. Is there any way you can remove people from that service? Thanks!

  27. I merely want to notify you that I am new to writing a blog and genuinely adored your information. Likely I am inclined to store your blog post . You indeed have stunning article material. Appreciate it for giving out with us your main internet site information

  28. 833085 97733Hi! I discovered your site accidentally today, but am genuinely pleased that we did! Its not only entertaining, but in addition straightforward to make use of in contrast to lots that Ive viewed! 492080

  29. Yes, really. I join told all above. We can communicate on this theme. Here or in PM.

  30. Sapid Agency is a Search Engine Optimization company in New York City that provides SEO Services. Their proprietary SEO strategies help struggling websites and aspiring business owners to rank their websites higher in multiple search engines like Google , Yahoo and Bing. They provide local and gmb map ranking for businesses in NYC and many other local areas. Find more at https://www.sapidagency.com/ @ 145 E 57TH NEW YORK, NY 10022, USA, +1 971 341 5608 USA

  31. I really like your blog.. very nice colors & theme. Did you make this website yourself or did you hire someone to do it for you? Plz reply as I’m looking to design my own blog and would like to find out where u got this from. cheers

  32. Wow! This blog looks exactly like my old one! It’s on a totally different subject but it has pretty much the same page layout and design. Great choice of colors!

  33. I like what you guys are up too. Such smart work and reporting! Carry on the superb works guys I have incorporated you guys to my blogroll. I think it will improve the value of my website :).

  34. Heya i’m for the primary time here. I found this board and I find It really helpful & it helped me out a lot. I’m hoping to present one thing back and aid others like you aided me.

  35. I am not sure where you’re getting your info, but good topic. I needs to spend some time learning much more or understanding more. Thanks for magnificent information I was looking for this info for my mission.

  36. As a Newbie, I am continuously searching online for articles that can help me. Thank you

  37. of course like your web site but you have to check the spelling on quite a few of your posts. A number of them are rife with spelling issues and I find it very troublesome to tell the truth nevertheless I’ll certainly come back again.

  38. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888

  39. 17710 173749Heya just wanted to give you a brief heads up and let you know some with the pictures arent loading properly. Im not confident why but I believe its a linking problem. Ive tried it in two different internet browsers and both show the same results. 376140

  40. Informative post, enjoyable read. Thank you.

  41. Some genuinely prime articles on this internet site , saved to favorites .

  42. Hey, you used to write great, but the last several posts have been kinda boring… I miss your great writings. Past few posts are just a little out of track! come on!

  43. MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick in NYC at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888.

  44. I will right away seize your rss as I can’t find your e-mail subscription link or e-newsletter service. Do you have any? Please allow me recognize so that I may subscribe. Thanks.

  45. One thing is that often one of the most common incentives for utilizing your card is a cash-back as well as rebate provision. Generally, you’ll receive 1-5% back for various expenses. Depending on the card, you may get 1% in return on most purchases, and 5% in return on buying made in convenience stores, gasoline stations, grocery stores along with ‘member merchants’.

  46. I like this post, enjoyed this one thankyou for posting .

  47. Thank you for the good writeup. It in fact was a amusement account it. Look advanced to far added agreeable from you! However, how could we communicate?

  48. Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214.

  49. Wow, fantastic blog layout! How long have you been blogging for? you make blogging look easy. The overall look of your site is wonderful, as well as the content!

  50. Hi there! Someone in my Myspace group shared this website with us so I came to give it a look. I’m definitely enjoying the information. I’m bookmarking and will be tweeting this to my followers! Wonderful blog and fantastic design and style. Miss Temperature measurement

  51. I do not even understand how I stopped up right here, however I believed this post used to be good. I do not recognize who you’re but definitely you’re going to a well-known blogger for those who are not already 😉 Cheers!

  52. I truly appreciate this post. I have been looking all over for this! Thank goodness I found it on Bing. You have made my day! Thank you again!

  53. It really is most suitable opportunity to generate some intentions for the long run. I’ve go through this document and if I can possibly, I want to suggest to you you number of appealing pointers.

  54. You’ll find it near close to impossible to find well-informed visitors on this theme, unfortunately you appear like you be aware of the things you’re posting on! Bless You

  55. I was very pleased to find this page. I want to to thank you for ones time for this particularly wonderful read!! I definitely really liked every bit of it and i also have you bookmarked to check out new information in your web site.

  56. I really like your writing style, great information, thankyou for putting up : D.

  57. I’m very pleased to uncover this page. I wanted to thank you for ones time due to this fantastic read!! I definitely savored every bit of it and I have you saved to fav to see new stuff in your site.

  58. obviously like your web site however you have to test the spelling on several of your posts. A number of them are rife with spelling issues and I find it very bothersome to inform the truth however I’ll surely come back again.

  59. I’ll right away grab your rss feed as I can not find your email subscription link or e-newsletter service. Do you’ve any? Please let me know in order that I could subscribe. Thanks.

  60. Hi there, I found your blog by means of Google at the same time as looking for a similar subject, your web site came up, it seems to be good. I’ve bookmarked it in my google bookmarks.

  61. Gday here, just turned out to be familiar with your web page through yahoo, and realized that it is genuinely helpful. I will truly appreciate if you decide to retain this.

  62. I just need to show you that I am new to having a blog and really valued your information. Quite possibly I am likely to remember your blog post . You literally have superb article information. Delight In it for discussing with us your favorite blog write-up

  63. Oh my goodness! an incredible article dude. Thank you Nonetheless I am experiencing problem with ur rss . Don’t know why Unable to subscribe to it. Is there anyone getting an identical rss downside? Anyone who is aware of kindly respond. Thnkx

  64. I simply desired to thank you so much once again. I am not sure the things I might have undertaken in the absence of the actual information shown by you regarding this subject. Previously it was the frustrating difficulty for me, however , finding out this specialized style you handled the issue forced me to weep for contentment. Extremely thankful for your guidance and in addition have high hopes you find out what a powerful job your are accomplishing training the others through your web site. I am certain you’ve never met any of us.

  65. Hello there, just turned into alert to your weblog via Google, and located that it is really informative. I am gonna watch out for brussels. I’ll be grateful in the event you proceed this in future. A lot of other people can be benefited from your writing. Cheers!

  66. I think this is among the most significant information for me. And i am glad reading your article. But want to remark on few general things, The site style is perfect, the articles is really nice : D. Good job, cheers

  67. I really wanted to write a brief comment in order to say thanks to you for the wonderful recommendations you are showing at this site. My particularly long internet research has at the end been recognized with reasonable knowledge to go over with my partners. I would assume that we visitors are truly lucky to be in a remarkable website with many brilliant people with valuable ideas. I feel quite blessed to have seen the website page and look forward to tons of more exciting times reading here. Thanks a lot once again for a lot of things.

  68. certainly like your web site but you have to check the spelling on several of your posts. A number of them are rife with spelling issues and I to find it very troublesome to tell the reality then again I’ll surely come again again.

  69. I just need to notify you that I am new to online blogging and very much admired your work. Most likely I am inclined to store your blog post . You undoubtedly have impressive article materials. Be Grateful For it for discussing with us your favorite internet write-up

  70. I like the valuable information you supply on your articles. I will bookmark your weblog and test again here frequently. I’m relatively sure I will be informed many new stuff right right here! Best of luck for the next!

  71. Thanks a lot for sharing this with all folks you actually understand what you’re speaking about! Bookmarked. Please also discuss with my site =). We will have a hyperlink change contract between us!

  72. Thanks for some other informative web site. The place else could I get that type of info written in such an ideal method? I have a challenge that I am just now operating on, and I’ve been on the look out for such information.

  73. I like what you guys are up too. Such smart work and reporting! Keep up the excellent works guys I’ve incorporated you guys to my blogroll. I think it will improve the value of my site :).

Your Commment

Email (will not be published)