Venture capitalists, whether part of a firm or independent angel investors, play an important role in financing tech innovation. These movers and shakers dominate venture funding.
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Arguably the most colorful member of the VC community, Mark Cuban is well-known outside the often tight-knit world of financiers, in part due to his ownership of the NBA Dallas Mavericks, his headline-making role as a dot-com billionaire, and his willingness to share his opinions. In 1983, Cuban founded MicroSolutions and developed it into one a of the leading systems integration firms in the U.S., before selling it to CompuServe in 1990. Later, Cuban became president of Radical Computing, a venture capital and investment company specializing in high high-technology companies. In 1995, Cuban co-founded Broadcast.com, which Yahoo acquired four years later. Although not a formal venture capitalist, Cuban has said he would create his own stimulus plan for fellow entrepreneurs. "I will invest money in businesses presented here on this blog. No minimum, no maximum, but a very specific set of rules," he wrote on his blog last year.