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The doctor who convinced Mark Cuban to sell drugs

dmagazine.com

11–20 of 34 posts

Re: The doctor who convinced Mark Cuban to sell drugs

#11

As if convincing Cuban is a great feat - he was also convinced to have the Mavericks partner with Voyager, a cryptocurrency platform which is now bankrupt.

The cryptocurrency platform may be bankrupt, but Mark isn't.

He made money on a terrible ponzi scheme, now he made money on something good to try to improve on his reputation (which is much harder, and probably he makes less money in the good thing).

Still, he's saving lives now, US healthcare is in terrible shape.

Re: The doctor who convinced Mark Cuban to sell drugs

#12

> When healthcare CEO Martin Shkreli increased the cost of his company’s antiparasitic drug by 5,455 percent (from $13.50 to $750 per pill) in 2015, many were outraged. But Oshmyansky acted, because that’s what he does. I guess Shkreli was good for something after all.

The big mistake Shkreli made was giving 100% discounts to people who weren't insured, but charging full price to insurance companies.

Re: The doctor who convinced Mark Cuban to sell drugs

#13

As if convincing Cuban is a great feat - he was also convinced to have the Mavericks partner with Voyager, a cryptocurrency platform which is now bankrupt.

The cryptocurrency platform may be bankrupt, but Mark isn't. He made money on a terrible ponzi scheme, now he made money on something good to try to improve on his reputation (which is much harder, and probably he makes less money in the good thing). Still, he's saving lives now, US healthcare is in terrible shape.

Much better press than his disaster case study of bad if not outright total-shit management of the Dallas Mavericks regarding employees misconduct and enabling it.

Dude has zero good will with me anymore, and this is a nice start on a better direction.

Re: The doctor who convinced Mark Cuban to sell drugs

#16

> When healthcare CEO Martin Shkreli increased the cost of his company’s antiparasitic drug by 5,455 percent (from $13.50 to $750 per pill) in 2015, many were outraged. But Oshmyansky acted, because that’s what he does. I guess Shkreli was good for something after all.

The big mistake Shkreli made was giving 100% discounts to people who weren't insured, but charging full price to insurance companies.

This is what big pharma companies do too.

Re: The doctor who convinced Mark Cuban to sell drugs

#17

Earlier quoted context omitted.

The cryptocurrency platform may be bankrupt, but Mark isn't. He made money on a terrible ponzi scheme, now he made money on something good to try to improve on his reputation (which is much harder, and probably he makes less money in the good thing). Still, he's saving lives now, US healthcare is in terrible shape.

Much better press than his disaster case study of bad if not outright total-shit management of the Dallas Mavericks regarding employees misconduct and enabling it. Dude has zero good will with me anymore, and this is a nice start on a better direction.

As a general rule it’s pretty safe to assume that a billionaire is a greedy, selfish asshole. Otherwise they wouldn’t have got there. I really wish we would stop praising billionaires and looking at them for wisdom.

Re: The doctor who convinced Mark Cuban to sell drugs

#18

Earlier quoted context omitted.

Much better press than his disaster case study of bad if not outright total-shit management of the Dallas Mavericks regarding employees misconduct and enabling it. Dude has zero good will with me anymore, and this is a nice start on a better direction.

As a general rule it’s pretty safe to assume that a billionaire is a greedy, selfish asshole. Otherwise they wouldn’t have got there. I really wish we would stop praising billionaires and looking at them for wisdom.

I accept all these complaints about Cuban. Twitter closed my account for criticizing his China ties.

But what have you and I done even close to as significant as bringing down the price of subscription drugs?

Re: The doctor who convinced Mark Cuban to sell drugs

#19

> When healthcare CEO Martin Shkreli increased the cost of his company’s antiparasitic drug by 5,455 percent (from $13.50 to $750 per pill) in 2015, many were outraged. But Oshmyansky acted, because that’s what he does. I guess Shkreli was good for something after all.

Funny how shkreli fits into the story – he's led the criticized cost plus drugs for being a more expensive version of goodRx with inflated discounts [0]/

[0]https://martinshkreli.substack.com/p/mark-cubans-pharmacy-no...

Re: The doctor who convinced Mark Cuban to sell drugs

#20
> According to the case, although Cuban disclosed the Mavericks’ partnership with Voyager, he has never revealed the full extent of his personal involvement in promoting the platform and the amount of compensation he’s received. The lawsuit argues that a failure to disclose this information is considered to be a violation of the anti-touting provisions of federal securities laws.

Lol... Good luck with that. The burden of proof for such things is overwhelming, and the lack of evidence in that area will hamper this case significantly.

The class action should have stuck to easier-to-prove mechanics behind this shit-show.

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