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by gedy 1476 days ago
I hate to be so cynical if it helps people, but with his name plastered in the company and site like this, it feels like prep for a presidential run or some other political office.
5 comments

If I'm understanding their basic message, the pitch is "we can get you cheaper prescriptions because we're a well run business that's making a rational but not exorbitant profit" and linking your branding to someone already famous for running businesses seems to be a very reasonable way to add credibility to that message.

In other words, I don't think Cuban puts his name on all businesses he's involved in like this, but for this case specifically it seems fairly obvious that using his name furthers their message.

Also it's a sketchier industry, so having a recognizable name certainly would assuage my fears about using it.

That said I have to assume Cuban is also getting a PR benefit here.

I assumed it was to help add legitimacy to the company. Some random company selling drugs for cheap on the internet? Sounds very sketchy, stick with your local pharmacy. That same company, run by a famous figure? Maybe worth giving a shot
Naming a company for a founder is common
If you're Michael Scott Paper Company.
Or Disney or Ford or McDonald's or Goldman Sachs or 1000s of others. Even in pharmacy, Johnson & Johnson, Pfizer and many others are named after founders.
Cuban isn’t a founder. He just paid to have his name associated with the company (or rather, the company gave him an ownership stake to use his name).
Yeah it just dawned on me that the first name was added because "Cuban Drugs" probably doesn't sound too nice, ha.
He wasn’t one of the original founders, he was an early investor.
Walmart certainly comes to mind.
And Taco Bell
I didn't know that Bell was the founder's name. Thanks for that tidbit!
Welcome. It’s one of my favourites!
Who cares. Honestly. Maybe it burnishes just image. Maybe he dominates the market and makes a mountain of money. Let’s make that trade 1000 times.
Yeah, hope it is a stepping off point for launching a better private insurance company as well.
I feel like he has a shot. But from what I know about him I don't think he'd want the headache.