Why Mark Cuban Is Selling Anti-Fungal Ointment for $7.34

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'Capitalism is about finding solutions to problems and seeing what you can do to solve them,' says Mark Cuban (mcuban). His new online pharmacy is a bid to bring benevolent disruption to an industry that charges steep markups

ark Cuban, the tech titan, Dallas Mavericks owner, and star of ABC’s, moves through the world like a friendly great white, all teeth and eyes and relentless motion. When we meet on an October morning at his office in the Mavericks’ headquarters, the serial entrepreneur, 64, is wearing a long-sleeved T-shirt advertising his last investment: Mark Cuban Cost Plus Drug Co.

Though Cuban won’t say exactly how much of the company he owns, he calls the new online pharmacy a win-win. If established pharmacies keep charging patients artificially high prices, Cost Plus may emerge as a popular low-cost alternative. If the industry slashes consumer prices to compete, he’ll have almost single-­handedly brought reform to an industry that stubbornly resists it. “The incumbents could come along and copy us, get a heart, get a conscience,” Cuban says. “That would be OK.

The venture has a long way to go to upend the $1.4 trillion pharmaceutical industry. Cost Plus Drugs offers about 1,000 medications in the U.S.—a small fraction of the drugs available—and does not yet take most insurance, although Cuban says that will change in 2023. While some customers say Cost Plus has lowered their medical bills, it’s too early to tell whether the model can scale.

 

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🤣 Imagine thinking this is anything more than Cuban trying to line his pockets

Hmm.

mcuban should use his money for good use and not into bitcoin scams like his buddy Kevin OLeery

mcuban Hey Mark Elon won't Maybe you can

mcuban What he knows about capitalism only make his share high.

mcuban No it isn't. Its about adding a profit motive to solving problems.

mcuban Capitalism is dead where patents, trademarks, and copyrights hinder progress and innovation.

mcuban Capitalism is also about white privilege! My theory about Covid being in the food supply! Was discounted solely because I’m black! Last week old media confirmed Covid is indeed in the food supply! Push for (K.T.T PLASTICS) we must examine all food and drink entering our homes!

mcuban - Chine is undercutting us at every turn. I'm at a loss. BreakingBad bb211 [follow me for great screenshot replies]

mcuban Dear TIME, Your blessing to me is really very strong. 327K on 31st Jan...3.05M twitter impressions for Jan month. 13.55M Impressions for the last 6 months...means...people are going through it. Hope...one day they will start executing my ideas to 'REVIVE THEIR INNER CONSCIENCE'

mcuban Dear TIME, Your blessing to me is really very strong. 327K on 31st Jan...3.05M twitter impressions for Jan month. 13.55M Impressions for the last 6 months...means...people are going through it Hope...one day they will start executing my ideas to 'REVIVE THEIR INNER CONSCIENCE'

mcuban Dear TIME, Your blessing to me is really very strong. 327K on 31st Jan...3.05M twitter impressions for Jan month. 13.55M Impressions for the last 6 months...means...people are going through it Hope...one day they will start executing my ideas to 'REVIVE THEIR INNER CONSCIENCE'

mcuban Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time.

mcuban Please go through my nonsense tweets and waste your precious time. Please go through my nonsense tweets and waste your precious time.

mcuban Please go through my nonsense tweets and waste your precious time.

mcuban That’s not what capitalism is. That’s what problem solving is. Thank you mcuban for using your wealth to help people living in a deeply flawed system, but let’s stop pretending it isn’t a deeply flawed system. (Responding to the quote as presented in the tweet)

mcuban It isn't any of you causing climate change with your weekly shopping trip to buy your pink slime burger treat. . It's the 1% with their million plastic crap factories and global dominance wars. . Their excess is destroying our planet but they blame you

mcuban Maybe he means competition.....

mcuban The highly merchandized and graft riddled health sector needs monumentally independent technological disruption to be able to serve the masses of people meaningfully

mcuban Great play on his part to do this. Man of the people.

mcuban Excellent initiative. Unlike POTUS who moans and groans and blames companies but does nothing to address the issue. markcuban is doing something to address the problem. This is the difference between a politician and an entrepreneur - finger point vs. solve.

StellaBeat mcuban I love you, Mark Cuban! You’re such a “fuck-you” to greedy corporate America! May your fortune quadruple in the new year, your health be forever perfect and your benevolence perpetuate a flock of other benevolent gazillionaires! Thank you. You’re such a mensch and so needed!

mcuban 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001 00100000 01001000 01000001

mcuban What a foolish man. It’s not “benevolent” if they are profiting.

mcuban You're so into capitalism

mcuban Stop lying. Business exists to make money first and foremost. If your product helps people then that’s a bonus.

mcuban CRIME

mcuban It’s a fascinating idea. But it seems that adding insurance could mess it up. As it is, many prices are below my insurance copay. It may be a better all cash venture, as insurance is one of the reasons healthcare is messed up.

mcuban Technically, Capitalism is about the freedom, business is about the productive problem solving & trade.

mcuban Good job Mark!

mcuban It’s called Fixed Charges

mcuban Capitalism is about greed. Stop carrying propaganda

mcuban Capitalism is the problem

mcuban Nope it is about greed and self serving ego maniacs at the expense of others but please go ahead filling yourself while the rest will see right they you

mcuban Capitalism is murder for profits

mcuban Wouldn’t it be great if the federal government would take responsibility for its citizens healthcare by actually negotiating prices with big and small pharma, just like the rest of the developed world does? If only politicians would care and stopped taking contributions/bribes…

mcuban Don’t you mean finding solutions to problems and capitalizing on them?

mcuban

mcuban Bravo mcuban !!

mcuban Profits = solutions?

mcuban That’s a fuzzy way of saying capitalism is about finding a niche to make money. Sometimes that niche is charging less for the same product in the hopes of making up for it in volume.

mcuban There no Human solutions to problems before “capitalism”?

mcuban What is it called when those businesses don’t work but the government gives them money to keep their failing business going?

mcuban That's literally the exact opposite of capitalism

mcuban Capitalism, in my opinion, is a way of corporations to ensure that poverty keeps existing so that they can profit off even the most basic needs.

mcuban How can we get blacks to turn their music down?

mcuban The anti-Musk!

mcuban Lol. Like Walter Rodney says, it's the job of capitalists to act like capitalism is not outmoded. The truth is, nations with free market policies are declining at a rapid pace. And we're at an injunction of becoming a State Capitalism, which will lead to WW3

mcuban He’s smart.

mcuban I thought that was innovation. Capitalism is finding ways to ensure that either enough value is created OR coercion is used OR monopoly is created to ensure money stays where it is or increases there

mcuban Anti fungal really dictates higher willingness to pay. How many of us having fungus in this world? i was told it's really unpleasant thingy.

mcuban Effective altruism is alive and well

mcuban we still need universal healthcare but this is not a bad start

mcuban What a weird way to say profits

mcuban Pandering

mcuban That's the kind of ignorance that keeps people brainwashed. Name one problem capitalism actually solved. Capitalism enslaves, kills, exploits, destroys. It could be modified to make it sustainable, the predators who control it won't have it. Doesn't mean we should embrace lies!

mcuban

mcuban The company sells generic medications for every illness for a small fraction of the normal market rate. The established players in the pharma sector sometimes sell drugs at a 600% markup, however, the objective here is to grow into the largest low-cost provider. markcuban

mcuban solving solutions to problems is my favorite part of capitalism

mcuban Why does he look like a Dick Tracy villain?

mcuban To Schumpeter, “capitalism can only be understood as an evolutionary process of continuous innovation and 'creative destruction''. That is, capitalism is to innovate economic ideas and destroy them over time. That’s why we always have economic crisis every 10-15 years.

mcuban Ha. I bypass doctors whose visits add much more to the cost of the drugs. AND I use Mexican online pharmacies to purchase higher potency very low cost medications. The problem in the US is middle men stealing your money: doctors, pharmacies, drug companies, and insurance: scams.

mcuban The way Capitalism always want it to be and dum as repubikkklans love being exploited all their lives.....We progressives know better 'Top Secret' Murdoch Gaza MAGAGA 'Pardon Trump' Meloni DemocraticSocialsim

mcuban Greediness.

mcuban Seems like he’s helping a lot of people. Which is great.

mcuban 🖕

mcuban I can't do that - you're the problem.

mcuban 🤣That’s not what capitalism is about 🤣

mcuban 3rd party candidate please!!

mcuban Solutions to problems❓ yeah right.. as long as everything ends up being highly profitable and benefits most to whoever controls anything like worthless junk.

mcuban knc tv berlin germany

mcuban With the death of JFK, the gold standard ended, taking with it our Constitutional free market capitalist system We now work for money that's effortlessly created by a few men Modern day Slaves don't understand the exploitation, having been indoctrinated in their Masters schools

mcuban This system is NOT capitalism! Capitalism has NO mandates to buy certain products; NO bailouts if you run a business into the ground; NO subsidies to favor political friends; & NO central bank printing money (inflation) and rigging interest rates to zero so you borrow and spend.

mcuban I'll pick some up for your mom on the way over 😎

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