Friday, September 5, 2014

Mark Cuban

Billionaire investor and sports magnate Mark Cuban put his mouth where his money is.
Cuban included a company from his hometown of Pittsburgh as he introduced products from a quartet of startups he’s staked at the Dallas-Fort Worth Central Markets in Dallas, Fort Worth and Southlake. The Dallas Business Journal, a sister publication, reported that Cuban met with shoppers in all three Texas locations to talk about products from Simple Sugars of Pittsburgh, among others. Cuban invested $100,000 in entrepreneur Lani Lazzari’s Simple Sugars on the ABC-TV show Shark Tank last year for a 33 percent stake in the then-teenager's company. Fox Chapel native Lazzari started developing Simple Sugars, a line of all-natural body scrubs, at age 11 in 2005.
The other companies were Monkey Mat, based in Austin, Tex.; Chapul, based in Salt Lake City, Utah; and Alyssa’s Bakery, based in Jupiter, Fla.
The products are part of a line of consumer items Cuban is backing, the Dallas Business Journal said, and on Sept. 28, he’ll help to launch a collection of products at Target stores.

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