Serial entrepreneur and Dallas Mavericks owner,_Mark Cuban had some choice words for the investors in Silicon Valley while speaking at TechCrunch Disrupt. Having a 90 percent fail rate doesn’t work for him. “Silicon Valley has a FOMO (fear of missing out) approach to investing. Everyone throws money at everything because they want to find their unicorn,” said Cuban, when asked about investments in the red-hot tech market. For every Uber and Instagram that gets acquired or turns a profit, there are nine startups that crash and burn. Not the type of fail rate that Cuban is looking for. He also...
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