Now Those Are Some Abusive Socks Case Analysis

Decent Essays
Now Those Are Some Expensive Socks

Mark Cuban is the owner of the Dallas Mavericks. He also owns a plethora of businesses such as Landmark Theaters and Magnolia Pictures. As a personality, he is likely best known for his role as an investor on the television show "Shark Tank." Cuban is also a multi-billionaire and can buy pretty much whatever he wants. Even so, $250,000 is a lot to spend on socks.

To be fair, the investment was not for a single pair of high-end golden footies, but for a 20 percent stake in Foot Cardigan, a sock subscription service that has earned nearly $1 million in the last year without Cuban's help.

The premise of the company is that once each month subscribers get a new pair of comfortable, creative socks in the mail.

Related Documents

  • Improved Essays

    Will Kyrie Irving's Soon to be Exit Impact the Legacy of LeBron James? Kyrie Irving sent shock waves throughout the basketball world when he requested a trade from the Cleveland Cavaliers owner, Dan Gilbert. This mind boggling ordeal comes after the Cleveland Cavaliers third consecutive trip to the NBA Finals, one of which resulted in a championship. Now it is LeBron James who is forced to face his own future legacy.…

    • 695 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    One man who made his own economic decision is Mark Cuban, owner of the Dallas Mavericks. He is an entrepreneur a man who became a billionaire all alone and made his own economic decision with out the government restrictions. Cuban remained on top of technology trends by launching a social media app called Cyber Dust, during 2014. He also allow him self in the same conversations when brought up about our upcoming presidents Hillary Clinton and Donald Trump. Cuban has also been I a few movies such as Goodnight, Good Luck, Akeelah, The Bee and played as the U.S. President in the movie Sharknado.…

    • 260 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    The owner of the Orlando Magic is Richard M. Devos and is one of the richest people in the United States. Richard also writes quotes and has a lot of famous and well recognized ones. He was born on March 4, 1926 in Grand Rapids, Michigan. He went to Grand Rapids High School and then he attended Calvin College. He is married to Helen Devos and has four children.…

    • 718 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Sock Monkey Research Paper

    • 1256 Words
    • 6 Pages

    In 1870, the first sock was knitted by a machine invented by a Swedish immigrant. The inventor’s name is John Nelson. With his innovation, he opened a factory to produce mittens and he eventually decided to make socks with his machine. The factory he founded is located in Rockford, Illinois. His sock factory with automatic knitting machines, eventually led to the creation of the distinguished red heeled sock monkey.…

    • 1256 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Cop In The Hood Analysis

    • 1902 Words
    • 8 Pages

    When reading the book Cop in the hood there was one thing that really stuck out to me the whole time I was reading the book. The author talked about the whole time how the academy was not the best way to learn what was really going to be happening in your life while you are out patrolling the streets. There are a lot of other things such as the actual interaction with people and the massive amount of drugs as the main problem of the in the city. The author talks about how the academy is a good place to lean about some of the things that you are going to need to now but is it not going to really prepare you for the things that you are going to face such as the drugs and some of the slight corruption that each other the officers commit when they…

    • 1902 Words
    • 8 Pages
    Great Essays
  • Decent Essays

    “Please oh please somebody help! I only have one sock out of this pair!” Faster than a turtle moving at a leisurely pace, more powerful than some but not all toy trains, able to jump up onto the curb on the first or second try, it’s Sockman!…

    • 290 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Magic Johnson Biography

    • 407 Words
    • 2 Pages

    We are back with our third—and final—part of our list of the all-time richest athletes in the world. You can probably guess who comes in the first position, but you will be shocked to find out just how much money these athletes have! Number Six: One of the Richest Athletes - Shaquille O’Neal During his 19 year NBA career, O’Neal played with Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers and Boston Celtics.…

    • 407 Words
    • 2 Pages
    Improved Essays
  • Superior Essays

    Long Err's Shoes Analysis

    • 1235 Words
    • 5 Pages

    Current word count: 1243 The two powers have a thin barrier which causes people to quickly cross the threshold of balance. As one person dies, another lives, and also, it works in reverse. Yu Hua integrates this concept and develops a deep understanding of life exchanges. Even Fugui comes to understand this as “[he] realized how close [he had] come [into] being in Long Er’s shoes” (84).…

    • 1235 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    Paul Allen Research Paper

    • 1073 Words
    • 5 Pages

    Who is Paul Allen? Paul Allen is one of the most successful and interesting American entrepreneurs that there has ever been on the face of the earth he is on the Forbes most successful people. His net worth is 17.4 billion in U.S dollars. Paul Allen is the Co-founder of Microsoft with one of his best friends Bill Gates who he met in high school. He is also a collector of valuable War World II machines, planes, gear, guns, and uniforms.…

    • 1073 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Good Cop Bad Cop Analysis

    • 808 Words
    • 4 Pages

    The social injustice of police brutality and racism are rampant and everyone in America is well-aware of this problem. However, the topic is extremely controversial and the views of Americans happen to be very extreme. But, in actuality, most of these hate-fueled opinions are the result of people not being exposed to the opposing view. The song Good Cop Bad Cop by Starlito and Don trip gives insight to the widespread spectrum of corruption in police and their brutality against African Americans. This injustice is a topic of conversation that we, as a society, tend to shy away from in conversation due to the sensitivity the nature of the conversation has.…

    • 808 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Soapy Gnome Case Study

    • 697 Words
    • 3 Pages

    In early 2013, owner of Soapy Gnome Jennifer Frech, age 43, started a legacy by taking her soaps and other products to the Goshen Farmers’ Market. Since then, Soapy Gnome has grown into a full fledged small business. “I was working as a teacher and as everyone knows, working as a teacher is very difficult, especially in these days,” says Frech. “So I quit teaching, and I was working at Notre Dame…

    • 697 Words
    • 3 Pages
    Improved Essays
  • Superior Essays

    Sneakerhead Essay Example

    • 2036 Words
    • 9 Pages

    It's important to realize that some of these sneakerheads have no intention of wearing these expensive shoes, instead just wanna hold on to them and keep them as a souvenir or find it as their hobby. These sneakerheads tend to have 10,20,30 or over 50 pairs of all different sneakers! Sneakers that can range from as little as $10 dollars to $500, some being obscure and people not knowing about the brand at all and some brands that millions of people know about. What makes people want to collect shoes? There isn't just one answer.…

    • 2036 Words
    • 9 Pages
    Superior Essays
  • Superior Essays

    In the future I see Nike, Inc. investing time and money into the women and kids markets. The kid’s footwear are currently Nike’s top selling footwear…

    • 1835 Words
    • 8 Pages
    Superior Essays
  • Superior Essays

    Warby Parker Case Study

    • 1505 Words
    • 7 Pages

    Chapter 1: Basic Concepts of Strategic Management (Warby Parker) 1. Describe the strategic approach pursued by Warby Parker in selling eyewear. Warby Parker has created their business due to the real need of lower income people and students to obtain a high quality eyewear, therefore they have chosen an innovative way to sell their product direct to customers online with lower price. Warby Parker’s strategy is to eliminate other parties’ involvement which leads to additional costs and unnecessarily expenses.…

    • 1505 Words
    • 7 Pages
    Superior Essays
  • Superior Essays

    Nike Case Study Summary

    • 1659 Words
    • 7 Pages

    On July 5, 2001, a portfolio manager at NorthPoint Group, Kimi Ford is considering buying some shares of Nike for the fund she manages, NorthPoint Large-Cap Fund. This fund mostly invests in Fortune 500 companies, and it’s top holdings include; ExxonMobil, General Motors, McDonald’s and 3M. Nike’s share price had declined since the beginning of the year. Since 1997, Nike’s revenues had plateaued around $9 billion, while net income had fallen from almost $800 million to $580 million, and their market share in athletic shoes had dropped from 48 percent in 1997 to 42 percent in 2000. In a meeting held on June 28, 2001, management announced plans to grow performance.…

    • 1659 Words
    • 7 Pages
    Superior Essays