Mark Cuban

Dunking on the pharma industry with Mark Cuban Cost Plus Drug Company (npub1ccu…f0y0).com, the lowest prices on meds anywhere. check it out !
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Last Notes

2026-08-15 20:12:22 GMT

Ro, I like you. You know that. But you need to read the state of the state.
The number of Deca Unicorns in Cali is growing by the day as investors chase amazing startups.
A unique feature of these 10b startups is that even if they raise a billion, little, if any of that money goes to the founders, who are now worth billions of dollars over night. They are the definition of cash poor, stock rich
How are you going to tax them ? Make them borrow money against their shares, if they can? They just raised money to grow their company and a bank will come along and loan them money ? A company that has been in business maybe less than a year ? lol
Will you take their stock if they can’t ?
Do you really think each of multiple founders, who started an amazing company in Cali and is now a billionaire, can each just pull out $250m per billion of net worth from their raise ? You know they can’t.
If this passes , and it doesn’t directly impact me at all, I won’t be a cali resident, but you can bet if I’m investing in a multi billion dollar startup, I’m asking them to move from California first.
IMO, if this passes, only idiot startup founders stay in Cali.
I’ve done it before and will do it again. Dallas. Pittsburgh. Indiana. I will make NOT being in California a pre requisite for an investment
Ideology is not a strategy Ro.
https://bird.makeup/users/rokhanna/statuses/2088688763723469266
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2025-08-19 20:21:58 GMT

She's wrong. Look at generics. The USA is the cheapest of all western countries.
Any brand drugs with competition would be far cheaper, with or without insurance , if the manufacturers were not terrified that the big PBMs would reduce their formulary availability as punishment for offering a price that is even close to the net net revenue the mfg receives.
Divorce formularies from PBMs and pharma revenue will go up, but prices to patients , cash or insured, will go down. Particularly if you audit all those middlemen
PBMs use formularies to not only get rebates, but also to charge fee after fee. And most of those fees are a percent of the list price.
Big PBMs cost patients a fortune.
https://bird.makeup/users/matthewherper/statuses/1957809036998398301
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