When Mark Cuban sells a business, he always sets aside some of the proceeds for one specific purpose: divvying it up among the company’s employees.
“In every business I’ve sold I’ve paid out bonuses to every employee that was there more than a year,” Cuban recently posted on social media platform X. The bigger the acquisition, the larger the payout: 300 of Broadcast.com’s 330 employees became millionaires when the audio streaming service sold to Yahoo for $5.7 billion in stock in 1999, Cuban wrote.
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