Mark Cuban Introduces 'Shark Tank' Summit

Cheddar News

Entrepreneur Mark Cuban discusses Clover & Sony's partnership to champion small businesses with the inaugural Clover x Shark Tank Summit in Vegas.

Transcript

00:00All right, we're here at South by Southwest with the one and only Mark Cuban.

00:02Mark, congratulations on the new announcement with Clover and Shark Tank.

00:05Tell us more about it.

00:06What should our viewers know?

00:08Clover is a great company for entrepreneurs.

00:10They're up and coming.

00:10And obviously, it's a great match with all the entrepreneurs

00:12coming on to Shark Tank.

00:14Everybody watches.

00:15So I'm excited.

00:16We have a bunch of different events that we're going to be doing together.

00:19So this is just the start.

00:20What can people expect for the upcoming conference just announced for September

00:23in Vegas, partnering the two brands?

00:24Well, you're going to have to get all the details of them.

00:26I know that we're all going to be there talking about,

00:29the integration of the two, and how supportive Clover

00:32is of entrepreneurs, and startups, and companies of all sizes.

00:37But it's going to be big.

00:38It's going to be fun.

00:39You've been in the game a long time, Mark.

00:40What are the biggest pain points you see for small business owners

00:43that you think Clover is uniquely addressing?

00:45I think dealing with the friction.

00:47Because starting a business, just trying to understand all,

00:50just going through all the details that you have to deal with.

00:54And it just makes it frustrating.

00:57And I think Clover does a really good job of trying to just smooth that.

01:01So as an entrepreneur, you can focus on starting your business.

01:04Mark, what's the biggest story in the world of business

01:06that you think we're not talking enough about right now?

01:09Believe it or not, artificial intelligence.

01:11I think there's going to be two types of companies.

01:12Those who are great at AI, and everybody else.

01:15I think Clover's a good tool to try to get the foundations right,

01:18so that you can focus on using AI for your business.

01:22But if you're in business and you don't understand AI and the impact,

01:28then you're going to lose out.

01:29Finally, Mark, for people watching at home,

01:30if you had $1,000 to invest right now, what would you do with it?

01:34That's a great question.

01:36Probably just a money market, because it's paying 4%, give or take.

01:40And there's so much uncertainty with tariffs and the markets and everything.

01:45Rather than stressing every night about what my investment's doing,

01:48I'd probably just put it in the money market.

01:49Mark Cuban, thanks a lot. Great to have you.

01:51Thanks for having me.

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