> "People always ask, well why didn't somebody do this before? The reality is there's so much money there, it's hard not to be greedy," Mr. Cuban said
> "But I won't. I've got enough money. I'd rather f— up the drug industry in every way possible."
Some people like to max their points in videogames. Other like to max their $ in real life.
The beauty of capitalism is that the effort of the latter end up benefiting us all.
I like that sentiment!
I also like it's coming from a capitalist VC, with a profit incentive!
And I love I won't have to bother with insurance and stuff: yes, I could save $5 here and there, but no, I don't really care, and I'm not sure it's worth dealing with the insurance company who'll gather the information and look for various creative ways to compile and use the information against their clients (say, if you take tobacco cessation drugs, birth control, etc)
Yes, I know there are various laws on the books that in theory protect patients against that, but as we've seen with the consequences for say Experian data leaks, the reputational risk for Cuban himself look like a much stronger incentive that for say, Walmart or Costco or whatever company doesn't bear the investor name.
So I think Cuban will have my business!