HIBT Lab! Mark Cuban Cost Plus Drug Company: Mark Cuban
Transcribed with NVIDIA Parakeet · Timestamps stay in sync with the live audio
Hello and welcome to how I built this lab. I'm Guy Raz. This is the place where we experiment with ideas and stories you might not hear on our Monday episode. And it's a chance to find out what happened to some of the entrepreneurs I've interviewed on the show in the past, including today's guest, Mark Cuban. Mark was on the show back in 2016, and he told us the story of how he went from bartending in Dallas to building a media company to eventually owning the Dallas Mavericks. And if you haven't heard that episode of How I Built This, please go and listen. We'll put a link in the show notes. A couple of years ago, Mark got a cold pitch email from a radiologist who was trying to shake up the prescription drug industry.
The idea intrigued Mark so much that he joined forces with that radiologist to create his newest company. It's called the Mark Cuban Cost Plus Drug Company, or MCCPTC, a mouthful, and there's a story behind the name, which Mark will explain. The company wants to upend the pharmaceutical industry by drastically reducing the cost of prescription drugs. And so far, it's managed to sign up more than a quarter of a million customers who now have access to hundreds of generic drugs. Mark Cuban, welcome to the show. Thanks for having me, guy. I'm excited to be here.
All right, Mark, you were uh one of them. Very first guest we featured on the show back in 2016. Uh and we had a great conversation about your life story and you know, growing up at Pittsburgh and reading this book, like thinking what was the book called? Like How to Be a Millionaire at Thirty? How to retire by the age of thirty five.
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