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Thread: Mark Cuban Invests In Toronto's Brotips.com

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    Default Mark Cuban Invests In Toronto's Brotips.com

    The site launched just 10 months ago, offering up life advice to the bros of the world. Tidbits such as “contrary to popular belief, polo is not ‘ganster’” or “if she cheated with you, she’ll cheat on you,” have since earned the site a massive and devoted following.

    Brotips had 268,000 Facebook fans and 438,483 Twitter followers as of Tuesday afternoon, though Mr. Basir notes those stats are growing at a rate of between 3,000 and 5,000 every day. Their main Website, brotips.com, attracts 2.5 million unique visitors every month, the company says.

    Mark Cuban Invests In Toronto's Brotips.com
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    Impressive following numbers. I'm sure they have a good plan in place for monetization, as I'm sure Cuban wouldn't just throw money away. Wonder what it is.
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    I cant see this site as anything other than a fad... Mark is either an idiot or he has some VC trick up his sleeve.
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    Quote Originally Posted by 458 View Post
    I cant see this site as anything other than a fad... Mark is either an idiot or he has some VC trick up his sleeve.

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    Quote Originally Posted by 458 View Post
    Mark is either an idiot or he has some VC trick up his sleeve
    You should be fined for the first half of that comment...

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    brotip # 1360: "Never do anything without an exit strategy".

    Sounds like Mark wrote that one himself. Maybe it's a hint of whats to come.

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    Haters gonna hate
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    Near the end it says something about a TV show and book. Sounds similar to Manswers no? Sounds like it would probably end up on Spike TV!

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    Quote Originally Posted by Rickson9 View Post
    Haters gonna hate
    So you believe that this was a great investment for him? You believe that it provides value to people?
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    There are about a million ways to improve that page without ≤ 10 million dollars. But to him thats probably like us blowing 500$ to test out an idea.

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    That site is whack. I think Cuban is paying for the traffic and he plans to transform the site. BTW the site is run by around 8 teenage boys and girls, I say that because it's a site for life tips for bros yet it's run by kids who don't even what life is really about yet, I read some of the tips posted on there and it's laughable. That's not even why it's whack. The whole model is whack. It's who you know in the VC world so some of these must have some good connection. Call me a hater if you want. Just bc Cuban made the decision, doesn't mean it's a good decision. A few million is chump change to him and he's invested in many startup busts before. It only takes a few wins to be wealthy and Cuban had his few wins but don't forget about many of the losses you never heard about.

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    nothing wrong with 458's comment, being a successful business person doesn't exempt you from the occasional poor investment

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    If I were brotips, I would grow their 'brands bros love' segment into a full-on affiliate program and ad agency, sponsoring men's products and other cool things from the Internet. Facebook and Twitter followers are not direct money; they are possible ways of getting money. I can see brotips becoming big... just let Cuban do the work. For him, 10 million is chump change, so it's possible he has only a small amount of faith. But if he sees what I see, then it's possible it could be extremely fastlane.

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    Sounds like Mark wrote that one himself. Maybe it's a hint of whats to come.

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