Bitcoin

Bitcoin

$106,156.59

BTC -2.20%

Ethereum

Ethereum

$2,650.59

ETH -4.76%

  • Login
  • Register
Metaverse Media Group
  • Home
  • Crypto
  • NFTs
  • Artificial Intelligence
  • More
    • Technology
    • Business
    • Newsletter
No Result
View All Result
  • Home
  • Crypto
  • NFTs
  • Artificial Intelligence
  • More
    • Technology
    • Business
    • Newsletter
No Result
View All Result
Metaverse Media Group

Mark Cuban’s War on Drug Prices: ‘How Much Fucking Money Do I Need?’

Mark Cuban’s War on Drug Prices: ‘How Much Fucking Money Do I Need?’

WiredbyWired
3 December 2024
When Mark Cuban is feeling spicy, he’ll always let you know. The billionaire businessman, basketball owner, and Shark Tank empresario lit up WIRED’s The Big Interview event on Tuesday, dropping hot takes about Elon Musk, the pharmaceutical industry, and why he thinks “couch fucking” and Gary Gensler’s crypto policy cost Kamala Harris the election.Chatting with WIRED senior writer Lauren Goode,…

When Mark Cuban is feeling spicy, he’ll always let you know. The billionaire businessman, basketball owner, and Shark Tank empresario lit up WIRED’s The Big Interview event on Tuesday, dropping hot takes about Elon Musk, the pharmaceutical industry, and why he thinks “couch fucking” and Gary Gensler’s crypto policy cost Kamala Harris the election.

Chatting with WIRED senior writer Lauren Goode, Cuban touted the trajectory of Cost Plus Drugs, the pharmaceutical company he cofounded in 2022. By offering transparency on costs and pricing policies, Cuban says his company has been able to disrupt the drug industry, offering consumers drugs like Droxidopa for something like $20 per month versus the more than $3,000-a-month uninsured patients were being quoted.

“We’ve lowered the price of [one of our 2,500 medications] every single weekday for 18 months,” Cuban boasted, saying the company has also found great success in publishing its entire price list, something that’s always been incredibly hard to obtain from other drug providers for consumers and researchers alike.

Now, Cuban says, studies have come out showing that if Medicare bought, for instance, nine specific drugs from Cost Plus Drugs instead of their other sources, the government would save billions of dollars, something that not only shows the bloat of the healthcare system but also the tangible effect that one well-funded company can have.

It’s not that Cuban’s not making money on Cost Plus Drugs, either, because he is. He could be making more, he told Goode, but as he put it, “How much fucking money do I need? I’m not trying to land on Mars.”

The crack, presumably directed at Elon Musk, was just one of several remarks Cuban made about the billionaire X owner. For one, he spoke about his own move from X to Bluesky in recent months, saying that he thinks it’s an overall “existential moment” for Musk’s platform.

Because of Bluesky’s troll-blocking capabilities and what Cuban calls more engagement-friendly policies, he says he’s found it much easier to engage there, whether it’s Kamala Harris, cryptocurrency or the Dallas Mavericks basketball team, in which he owns a minority stake. “If you want to know what Elon thinks, Twitter’s amazing,” Cuban joked, but added that he thinks Bluesky is more of a true “social network” in comparison.

Clothing Footwear Shoe Chair Furniture Adult Person Electronics Speaker and Electrical Device
Mark Cuban and Lauren Goode at The Big InterviewPhotograph: Tristan deBrauwere

Digging deeper into crypto, Cuban said that he thinks Securities and Exchange Commission chair Gary Gensler’s villainization of the currency really hurt Harris’ chances during the US election. After polling the audience to see how many people owned crypto and sharing that he owns “a lot” of bitcoin himself, Cuban said that because something like 40 percent of young men have owned or do own crypto, either because it’s the cool thing to do or because they don’t trust or understand the stock market or traditional banking system, “Gary Gensler telling you to ‘roll over and let me stick a bike handle up your ass’ … did not make it good for people who own crypto and didn’t make it good for Kamala.”

Cuban said he told both Harris and her team as much, ultimately asserting that with more young men coming out to the polls for the election than were previously expected, “I don’t think it’s a stretch to connect” the candidate’s loss to what he sees as her team’s antiquated crypto policy.

He said he offered the Harris campaign thoughts on how to win over social media as well, though they didn’t take them. For anyone, candidate or not, to control the narrative on any given day, he said they need to “flood the zone,” putting memes, quips, and clickable videos out into the ether to be passed around online and covered in the news. (MAGA architect Steve Bannon has also used “flood the zone” to describe his strategies.)

“It’s not like it was facts that made the difference in this election,” Cuban said, making a joke about Donald Trump’s assertion that Haitian immigrants are eating dogs in Ohio. The democrats, he said, “needed more couch-fucking stuff. Sixteen million couch-fucking extensions and everyone would have seen it.

“Weird. Brat. Fucking the couch. They started out flooding the zone,” Cuban said, “but then they dropped it and tried to use accuracy. Donald Trump floods the zone continuously [and that’s why he won.”

Read the full article on Wired.com
in Business
Reading Time: 5 mins read
0
0
22
VIEWS
Share on TwitterShare on Facebook

Subscribe to our newsletter

For the latest news & monthly prize giveaways
Join Now

Subscribe to our newsletter

For the latest news & monthly prize giveaways
Join Now
ADVERTISEMENT

Related Posts

A Kid Made $50,000 Dumping Crypto He’d Created. Then Came the Backlash
Business

A Kid Made $50,000 Dumping Crypto He’d Created. Then Came the Backlash

6 months ago
23
In Sam Altman We Trust?
Business

In Sam Altman We Trust?

6 months ago
130
A New Benchmark for the Risks of AI
Business

A New Benchmark for the Risks of AI

6 months ago
23

Comments

Please login to join discussion
ADVERTISEMENT

Latest News

  • All
  • Crypto
  • NFTs
  • Technology
  • Business
Meta’s Ray-Ban AR Smart Glasses: From European Best-Seller to Indian Expansion
AI

Meta’s Ray-Ban AR Smart Glasses: From European Best-Seller to Indian Expansion

XR Today
by XR Today
3 weeks ago
26
From Presence to Productivity: How XR Hand and Eye Tracking Enhances Virtual Workspaces
AI

From Presence to Productivity: How XR Hand and Eye Tracking Enhances Virtual Workspaces

XR Today
by XR Today
1 month ago
27
Meta’s XR Strategy: Dominating the Smart Glasses Market in the Age of AI and Augmented Reality
AI

Meta’s XR Strategy: Dominating the Smart Glasses Market in the Age of AI and Augmented Reality

XR Today
by XR Today
1 month ago
33
XR User Tracking: Privacy, Security and Compliance Considerations for Businesses
AI

XR User Tracking: Privacy, Security and Compliance Considerations for Businesses

XR Today
by XR Today
1 month ago
34
Vuzix Supercharges Smart Glass Innovation with Silicon Valley Hub and OEM Boost
AI

Vuzix Supercharges Smart Glass Innovation with Silicon Valley Hub and OEM Boost

XR Today
by XR Today
1 month ago
31
Vuzix and Xander Deliver Real-Time Captioning Through AR Smart Glasses
AI

Vuzix and Xander Deliver Real-Time Captioning Through AR Smart Glasses

XR Today
by XR Today
2 months ago
24
Load More
Next Post
Bluesky Now Has 24 Million Users. Jay Graber Is Still Vowing to Keep It From Enshittification

Bluesky Now Has 24 Million Users. Jay Graber Is Still Vowing to Keep It From Enshittification

ADVERTISEMENT

Follow Us

Categories

  • Crypto
  • NFTs
  • AI
  • Technology
  • Business
  • Crypto
  • NFTs
  • AI
  • Technology
  • Business
Subscribe to our Newsletter

© 2022 Metaverse Media Group – The Metaverse Mecca

Privacy and Cookie Policy | Sitemap

No Result
View All Result
  • Home
  • Crypto
  • NFTs
  • Artificial Intelligence
  • More
    • Technology
    • Business
    • Newsletter
Bitcoin

Bitcoin

$106,156.59

BTC -2.20%

Ethereum

Ethereum

$2,650.59

ETH -4.76%

  • Login
  • Sign Up

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Subscribe to our newsletter

Get the latest news & win monthly prizes

Subscribe to our newsletter

For the Latest News and Monthly Prize Giveaways

Join Now
Join Now