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☆ Ivy League admission decisions are coming on Ivy Day. Here's what to do if you've been accepted, rejected, or waitlisted.
▼ + stars: | 2024-03-27 | by ( Steve Gardner | ) www.businessinsider.com time to read: +4 min

The clock seems to tick a little louder as the Ivy League schools — Harvard, Yale, Princeton, Brown, Cornell, Dartmouth, UPenn, and Columbia — all prepare to announce their admissions decisions. Here's what you should do next if you've been accepted, rejected, or waitlisted. You gave everything you had to create a strong application, so it's OK if you need some time and space. The school orchestra and sports teams need the right talent in the right positions. Perhaps less obvious priorities are in place, such as adding rural students to balance the extra-urban students admitted last year.

Persons: Brown, you've Organizations: Service, Ivy League, — Harvard, Yale, Cornell, Dartmouth, Columbia Locations: Princeton, UPenn, Columbia

☆ James D. Robinson III, Former Chief of American Express, Dies at 88
▼ + stars: | 2024-03-18 | by ( Robert D. Hershey Jr. | ) www.nytimes.com time to read: +1 min

James D. Robinson III, who as chief executive of the American Express Company from 1977 to 1993 helped transform Wall Street into a more competitive financial marketplace, with a wide diversity of businesses housed under single roofs, died on Monday in Roslyn, N.Y., on Long Island. The death, at a hospital, was caused by respiratory failure from recurrent pneumonia, Walter Montgomery, a spokesman for the family, wrote in an announcement. A soft-spoken son of the Georgia gentry, Mr. Robinson followed a well-worn path to financial success, power and influence: from private school to the Ivy League and then on to the moneyed canyons of Lower Manhattan, with side trips to the corridors of Capitol Hill. In Washington, he was among Wall Street’s most influential advocates for deregulating the financial industry and widening its horizons. Some called him the unofficial secretary of state for corporate America.

Persons: James D, Robinson III, Walter Montgomery, Robinson, Wall Organizations: American Express Company, Ivy League, America Locations: Roslyn, N.Y, Long, Georgia, Lower Manhattan, Capitol, In Washington

☆ WorldQuant is launching its global investing competition. It's another example of hedge funds getting creative in the hunt for talent.
▼ + stars: | 2024-03-18 | by ( Bradley Saacks | ) www.businessinsider.com time to read: +3 min

Where the Connecticut-based manager sets itself a part from peers and rivals is with its talent strategy. "Talent is global, opportunity is not," the website states. In this three-stage competition, students and academics from around the world can submit math models predicting market moves for a chance to win a piece of the $400,000 prize pool. Out of those 60,000, 4,000 have received part-time contracts from WorldQuant and have been given access to even more data and tools. For Tulchinsky, born in Soviet-era Belarus, the competition and the BRAIN platform are a chance to see the best work from untraditional places.

Persons: WorldQuant, Igor Tulchinsky, — Nihar Patel, Vaibhav Gupta, — Patel, Gupta Organizations: Service, Business, Indian Institute of Technology, Ivy League Locations: Connecticut, Singapore, Indian Institute of Technology Delhi, Bahamas, WorldQuant, Belarus

☆ My daughter is on track to become high-school valedictorian. I'm not sure it's worth the effort and stress.
▼ + stars: | 2024-03-16 | by ( Shannon Serpette | ) www.businessinsider.com time to read: +5 min

Since she isn't guaranteed college admission, I'm not sure it was worth the stress. AdvertisementThroughout grade school, my daughter was one of the top students in her class. During a class in the first semester of her freshman year of high school, her teacher asked her to set goals. But neither of us is sure her pursuit of being a valedictorian is worth it. Related storiesShe joined three sports in high school, as well as a number of clubs and organizations.

Persons: isn't, I'm, —, she's, She's, We're Organizations: Service, Ivy League

☆ My daughter is on track to become high school valedictorian. I'm not sure it's worth the effort and stress.
▼ + stars: | 2024-03-16 | by ( Shannon Serpette | ) www.businessinsider.com time to read: +4 min

Read previewThroughout grade school, my daughter was one of the top students in her class. During a class in the first semester of her freshman year of high school, her teacher asked her to set goals. Related storiesShe joined three sports in high school, as well as a number of clubs and organizations. She's been to all the high school dances, has a boyfriend, and has good friends. When she heads off to college, she will be armed with the great study habits and amazing organizational skills she developed in high school.

Persons: —, she's, She's, We're Organizations: Service, Business, Ivy League

☆ College is still worth it, research finds — although these majors have the lowest rate of return
▼ + stars: | 2024-03-14 | by ( Jessica Dickler | ) www.cnbc.com time to read: +3 min

A recent study published in the American Educational Research Journal found that engineering and computer science majors provide the highest returns in lifetime earnings, followed by business, health and math and science majors. Education and humanities and arts majors had the lowest returns of the 10 fields of study considered. "However, there are significant differences across college majors." Overall, the researchers found that the benefits of higher education have held up, even as enrollment has declined and the labor market outcomes for those without a college degree have improved, Zhang said. For workers with a bachelor's degree, education was the lowest-earning field of study, followed by psychology and social work and the arts.

Persons: Liang Zhang, Zhang Organizations: Georgetown University Center, Education, Workforce, Federal Reserve Bank of New, American Educational Research, NYU Steinhardt School of Culture , Education, Human Development, Finance, Ivy League, Georgetown Center, Center Locations: Federal Reserve Bank of New York

☆ Why the SAT Isn’t Racist - The New York Times
▼ + stars: | 2024-03-14 | by ( John Mcwhorter | ) www.nytimes.com time to read: +2 min

That’s three down: Last week, Brown University reinstated standardized testing as a part of its admissions requirements, following Yale and Dartmouth, which did the same earlier this year. For all that we have heard about how standardized tests propagate injustice, the decisions at these Ivy League schools are antiracism in action, and should serve as models for similar decisions across academia. Of course, for years, the leading idea has been precisely the opposite: that the proper antiracist approach is to stop using standardized tests in admissions. Many schools first suspended using them a few years back because their administration was too difficult during the peak of the Covid pandemic. All the way back in 2001, the University of California president Richard Atkinson was warmly and widely celebrated for eliminating the SAT from the schools’ admissions process.

Persons: Richard Atkinson, Sian Beilock Organizations: Brown University, Yale, Dartmouth, Ivy League, University of California

☆ Dartmouth basketball’s union vote is just a small part of the campus organizing wave
▼ + stars: | 2024-03-11 | by ( Chris Isidore | ) edition.cnn.com time to read: +12 min

The Dartmouth College men’s basketball team achieved a significant milestone last week when they became the first college athletes to vote to join a union. And similar to the 13-2 margin vote in favor of the union at the Dartmouth basketball team last week, the unions are winning these votes overwhelmingly. Organizing athletes still uphill battleThe vote last week by the Dartmouth basketball team rightly got a lot of attention as the first group of college athletes to vote to join a union. Dartmouth basketball players don’t get a scholarship, and the college has announced it will seek to overturn the union vote, arguing that they are not employees. Haskins and Myrthil said they hope the victory of the union vote at Dartmouth will spark union votes on many other teams, including the big dollar programs.

Persons: don’t, Christian Sweeney, “, ”, we’ve, Romeo Myrthil, Cade Haskins, Laura Oliverio, Nadine Formiga, Sian Beilock, CNN’s Poppy Harlow, Dartmouth “, ” Romeo Myrthil, CNN Haskins, Myrthil, they’re, ” Haskins, Haskins, who’s, ‘, ’ ”, Douglas Murphy, CNN “, Murphy, Ed Burns, Dartmouth, he’s, “ You’re, “ Will, ‘ We’ll, ” Burns, “ They’re, Jim Harbaugh, Harbaugh, you’ve, It’s, Robert F, Logan Mann, Mann Organizations: New, New York CNN, Dartmouth College men’s, AFL, Dartmouth men's, Dartmouth, Columbia University, CNN, National Labor Relations Board, California State University, CSU Employees Union, Student Workers, “, NLRB, Dartmouth men’s, Ivy League, Michigan, Alabama, NCAA, University of Michigan, Department, NFL, United Electrical, Machine Workers of America, Dartmouth College Locations: New York, New York City, Dartmouth, Sweden, America, Minneapolis, Columbia, . Michigan, Hanover, N.H

☆ Columbia University leaders to get grilled by Congress at antisemitism hearing
▼ + stars: | 2024-03-11 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —The president and board chairs of Columbia University have agreed to testify next month at a Congressional hearing on campus antisemitism. The House Education and Workforce Committee announced Monday it will hold a hearing on April 17 featuring Columbia President Minouche Shafik and the two co-chairs of the board of trustees: Claire Shipman and David Greenwald. The Columbia president declined the invitation due to a scheduling conflict, according to the Columbia Spectator. Last month, the House Education Committee widened its campus antisemitism investigation to include Columbia and demanded the Ivy League school turn over a wide range of documents to aid that probe. Shai Davidai, an assistant professor at the Columbia Business School, called Shafik a “coward” in a fiery speech last year criticizing the university president for failing to quiet “pro-terror” voices at the school.

Persons: Minouche Shafik, Claire Shipman, David Greenwald, Shafik, Penn, ”, Virginia Foxx, Eden Yadegar, ’ ”, Yadegar, Samantha Slater, Israel, Shai Davidai Organizations: CNN, Columbia University, Education, Workforce, Columbia, Harvard University, Massachusetts Institute of Technology, University of Pennsylvania, Columbia Spectator, Harvard, House, Committee, Ivy League, Israel, Columbia University Columbia, Department of Education, Columbia Business School Locations: Columbia, Israel

☆ Congress demands MIT submit trove of documents in antisemitism probe
▼ + stars: | 2024-03-08 | by ( Matt Egan | ) edition.cnn.com time to read: +2 min

The letter from Rep. Virginia Foxx, the Republican chairwoman of the House Education and Workforce Committee, gives MIT until 5 pm ET on March 22 to help the investigation by turning over the trove of documents. Foxx has accused Harvard of obstructing her investigation and said the university “absolutely failed” to comply with the committee’s unprecedented subpoena for documents. MIT spokesperson Sarah McDonnell said the university received the letter and is examining it. Last week, MIT spokesperson Kimberly Allen detailed efforts MIT has taken to protect Jewish students, including disciplinary action and educational steps such as required antisemitism awareness training. “At MIT, intolerance and bigotry toward Jewish members of our community are an affront to our shared values,” the MIT spokesperson said.

Persons: Virginia Foxx, Foxx, Sarah McDonnell, ” McDonnell, Kimberly Allen, Talia Khan, “, ” Khan Organizations: New, New York CNN, Massachusetts Institute of Technology, Rep, House Education, Workforce Committee, MIT, Ivy League, Education, Harvard University, Columbia University, University of Pennsylvania, “ Locations: New York

☆ ‘Scary and Daunting’: Dartmouth Players Detail How Union Plan Came Together
▼ + stars: | 2024-03-05 | by ( Billy Witz | ) www.nytimes.com time to read: +1 min

Members of the Dartmouth College men’s basketball team congregated at the stately Hanover Inn near campus on a dreary, drizzly Tuesday and walked over to a small office building where they smiled for a group photo. Then they went up to a second-floor conference room and took a vote that had been six months — or rather, many years — in the making. When the yellow sheets of paper were tallied and certified about an hour later, the basketball players had accomplished something no other college athletes had done. By a 13-2 vote, they had formed a union. “It’s definitely becoming more real,” Cade Haskins, a junior on the basketball team and a leader of the effort, said to about a dozen reporters after the vote.

Persons: “ It’s, ” Cade Haskins, ” Haskins Organizations: Dartmouth College men’s, Ivy League Locations: Hanover

☆ Harvard is back on top as college hopefuls' ultimate 'dream' school, despite recent turmoil
▼ + stars: | 2024-03-05 | by ( Jessica Dickler | ) www.cnbc.com time to read: +2 min

People walk through the gate on Harvard Yard at the Harvard University campus in Cambridge, Massachusetts, on June 29, 2023. Scott Eisen | Getty ImagesAnd just like that, Harvard University has regained its position as the ultimate "dream" school among college applicants. The Princeton Review's 2024 College Hopes and Worries Survey polled nearly 8,000 college applicants between Jan. 15 and Feb. 20, just weeks after Harvard President Claudine Gay resigned amid allegations of plagiarism and controversy over her congressional testimony about antisemitism on campus. Harvard saw fewer early applicantsThis year's early admissions cycle, in the immediate aftermath of the Oct. 7 attack on Israel by Palestinian militant group Hamas, reflected some of the recent turmoil. There were 7,921 early applicants to the Class of 2028, down from 9,553 last year, the Harvard Crimson reported.

Persons: Scott Eisen, It's, Hafeez Lakhani, Claudine Gay, Robert Franek, Lakhani, Christopher Rim Organizations: Harvard, Harvard University, Ivy League, Massachusetts Institute of Technology, Princeton, Hamas, —, Harvard Crimson, Christopher, Command, Supreme Locations: Cambridge , Massachusetts, New York, Israel, Palestinian

HANOVER, N.H. (AP) — The Dartmouth men's basketball team voted to unionize Tuesday in an unprecedented step toward forming the first labor union for college athletes and another attack on the NCAA's deteriorating amateur business model. "Today is a big day for our team," players Cade Haskins and Romeo Myrthil said in a statement. That could delay negotiations over a collective bargaining agreement until long after the current members of the basketball team have graduated. “In this isolated circumstance, however, the students on the men’s basketball team are not in any way employed by Dartmouth,” the school said. A college athletes union would be unprecedented in American sports.

Persons: Cade Haskins, Romeo Myrthil, —, “, ”, ” Haskins, Myrthil, Haskins, ” Myrthil, ” Mary Kay Henry, ” “, Jimmy Golen Organizations: Dartmouth, National Labor Relations Board, Service Employees International Union Local, SEIU, Ivy League, NCAA, NLRB, Big Green, Northwestern football, Wildcats, Big, Ivy League Players Association, Harvard, The Associated Press, AP Locations: HANOVER, N.H, Alabama, Michigan, Dartmouth

☆ Harvard ‘absolutely failed’ to comply with unprecedented subpoena in antisemitism probe, House Education Committee chair says
▼ + stars: | 2024-03-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Rep. Virginia Foxx, the Republican chairwoman of the House Education Committee, said Tuesday that Harvard University has failed to comply with her unprecedented subpoena for documents on campus antisemitism. Harvard turned over another trove of documents about campus antisemitism to Congress on Monday evening. Foxx argued that heavy redactions by Harvard made several documents “useless,” while many others were duplicates of documents previously submitted. The Education Committee did not detail specifically which steps lawmakers are now considering to enforce its subpoena. “Harvard denounced antisemitism on our campus and have made clear that the University will continue to take actions to combat antisemitism in any form,” Newton said.

Persons: Virginia Foxx, Foxx, ” “, ” Foxx, Harvard, –, “, Alan Garber, Penny Pritzker, There’s, Jason Newton, “ Harvard, ” Newton Organizations: CNN — Rep, House Education, Harvard University, ” “ Harvard, Ivy League, Harvard, Harvard Corporation, Harvard Management Company, CNN, University Locations: Newton

☆ A Christian pop-up nightclub in Nashville plays Jesus rap and forbids twerking, drinking, and smoking
▼ + stars: | 2024-03-02 | by ( Associated Press | ) www.businessinsider.com time to read: +9 min

Read previewThe young crowd at a Nashville nightclub was ready to dance under the strobe lights to a throbbing mix of hip-hop, rap and Latin beats. The last unspoken rule seemed obvious by then: No secular music — the playlist would be all Christian. Word quickly spread around that a couple had traveled 9,000-plus miles from their home in Brisbane, Australia, to the Christian club in the Tennessee capital known as Music City. Whispering, someone in a small group asked God "to keep away negative suicidal thoughts." "It sounds oxymoronic — a Christian dance club," said Nicholas Oldham, who manages the club's business.

Persons: —, Eric Diggs, Jordan Diggs, Jesus, Jade Russell of, Jessie Wardarski, Aaron Dews, Benji Shuler, Garrett Bland, Donald Lawrence, God, Nia Gant, Gant, Kim Posala, Darin Starks, Haynza Posala, Jessie Wardarski Mic, Carlton Batts Jr, Batts, Caleb Gordon, Kirk Franklin, don't, Shem Rivera, Noah Moon, Rivera, Nicholas Oldham, Oldham Organizations: Service, Business, Ivy League, Nike, Adidas, Pepsi, Jordans, Christian, Club Locations: The, Jade Russell of Louisville , Kentucky, Grand Rapids , Michigan, Brisbane, Australia, Tennessee, Music, Kansas, Nashville

☆ I struggled to find my fashion sense as a Yale student. I eventually decided to put my own spin on the academia aesthetic.
▼ + stars: | 2024-03-01 | by ( Miles Kirkpatrick | ) www.businessinsider.com time to read: +5 min

The author dressed in his Yale look. My fellow Yale students became my inspirationWhen you think of Yale and fashion, the prep and Ivy League styles come to mind. There is no singular "Yale" look anymore. I've seen folks associated with FLY — Fashion Lifestyle at Yale, a new student-led fashion collective — create looks that belong on a runway day after day. While Yale has more than its fair share of fashion mavericks, the Ivy League style is still around.

Persons: —, I've, it's, Miles Kirkpatrick Organizations: Service, Yale, Business, Ivy League, mavericks, Vanderbilt Hall Locations: North Carolina, New Haven, Patagonia, Yale

☆ Ex-BET CEO shares her best advice for young workers—it's about using self-doubt to your advantage
▼ + stars: | 2024-02-29 | by ( Ashton Jackson | ) www.cnbc.com time to read: +2 min

Don't let that keep you from making a big, risky career decision, says ex-BET Networks CEO Debra Lee. Success and self-doubt aren't mutually exclusive," Lee, 69, recently told LinkedIn video series The Path. She worked to attend Ivy League universities and get a law degree because her father told her to, she said. Their hesitancy further fueled her sense of self-doubt, which had grown with each previous career decision, Lee added. Her self-doubt became an asset at BET, pushing her to work harder and think outside the box in her new role, she said.

Persons: Debra Lee, Lee, I've, Mary Jane ", —, Steptoe, Johnson, that's Organizations: BET, Black Entertainment Television, Brown University, Harvard Law School, Washington , D.C, Ivy League, Securities and Exchange, Steptoe Locations: Washington ,

☆ ‘I have become traumatized.’ Jewish students describe campus antisemitism
▼ + stars: | 2024-02-29 | by ( Matt Egan | Elisabeth Buchwald | ) edition.cnn.com time to read: +3 min

New York CNN —Jewish students at major universities told lawmakers on Thursday they feel unsafe on campus amid a surge in antisemitism. At a roundtable hosted by the House Education and Workforce Committee, students from Columbia University, the Massachusetts Institute of Technology and other schools described hearing violent chants on campus and complained administrators are not doing enough to fight antisemitism. “In the past five months, I have become traumatized,” said Talia Khan, a second-year graduate student at MIT. Eden Yadegar, a junior at Columbia University, described how Jewish students were attacked by people wielding sticks outside of the university library, and how she has been mocked on campus as well as on social media. The committee held a hearing in December questioning the presidents of Harvard, MIT and the University of Pennsylvania about antisemitism.

Persons: “, ”, Talia Khan, ” Khan, Khan, Eden Yadegar, ’ ”, Yadegar, Samantha Slater, ” Slater, UPenn, Virginia Foxx, Foxx Organizations: New, New York CNN, Jewish, House Education, Workforce, Columbia University, Massachusetts Institute of Technology, MIT, Khan, MIT Israel Alliance, Education, An MIT, CNN, Israel, House, Workforce Columbia, University, Ivy League, Harvard, University of Pennsylvania, Department of Education Locations: New York, Rep, Harvard, Columbia

☆ For Black workers, progress in the workplace but still a high hill to climb
▼ + stars: | 2024-02-27 | by ( Jeff Cox | ) www.cnbc.com time to read: +10 min

"We were in a situation where folks accepted that Black unemployment was going to always be high and there was nothing that they could do about it. The Black unemployment rate in January was 5.3%, up a touch from December but still near the all-time low of 4.8% hit in April 2023. For Black workers, weekly before-tax earnings as of the end of 2023 have risen 24.8% since the first quarter of 2020. "High unemployment for Black workers is a solvable problem," Fulton said. Black workers are interested in tech and believe there are opportunities.

Persons: Ali, Jamila Wright, there's, Jessica Fulton, Fulton, Cox, she's, MilSpouse, they've, Sue Harnett, Goldman Sachs, Harnett, I'm, Ali Wright Organizations: Brooklyn Tea, Joint Center, Political, Economic Studies, D.C, U.S . Bureau of Labor Statistics, McKinsey & Company, Companies, Bank of America, Black Colleges, Universities, New, Small Business Administration, Ivy League, Conference Board Locations: America, U.S, Washington, Brooklyn, New York City, Atlanta

☆ Baylor University outperformed the Ivy League in university endowment performance rankings. Here’s how
▼ + stars: | 2024-02-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

Baylor University's $2 billion endowment — a fraction of those in the Ivy League — generated a 6.4% return for the fiscal year that ended June 30, outperforming the entire conference. Morehead joined the university in 2011, and since fiscal 2012, Baylor's endowment has more than doubled. The key to Baylor's endowment success, according to Chief Investment Officer David Morehead, is taking advantage of dislocations in the market. This increase comes as endowment returns have rebounded nationally. Endowment returns were up 7.7% in fiscal 2023, per the latest study by the National Association of College and University Business Officers and Commonfund.

Persons: Morehead, CNBC's, David Morehead, Baylor's annualized Organizations: Baylor University's, Ivy League, Brown University, Wall Street, National Association of College and University Business, CNBC, Nvidia

☆ Baylor University outperformed the Ivy League to top university endowment performance rankings. Here’s how
▼ + stars: | 2024-02-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +3 min

☆ A new Netflix show featuring a woman who turns into a chicken nugget shows just how much we love the bird
▼ + stars: | 2024-02-27 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

Read previewThe year of the chicken nugget (2017) and the chicken sandwich wars (2019) might have paved the way for fried chicken's latest role: star of a Netflix show. Next month, the streaming giant is releasing a bizarrely fun-looking comedy based on a Korean web cartoon called, fittingly, "Chicken Nugget." 🐣 Premiering March 15 pic.twitter.com/syGYVrzZS7 — Netflix (@netflix) February 15, 2024The premise of "Chicken Nugget" is silly, of course — but the show underscores the bird's soaring global popularity. And in the early 1960s, a renowned Cornell University professor engineered one of the Ivy League's greatest contributions to humanity: the frozen chicken nugget. It's unclear if the young woman in the forthcoming Netflix series turns into a particular flavor of chicken nugget.

Persons: —, ike, ince, ounger,, oung Organizations: Service, Netflix, Business, ust, EO Locations: oman

☆ Harvard antisemitism official abruptly resigns from new task force
▼ + stars: | 2024-02-25 | by ( Matt Egan | ) edition.cnn.com time to read: +5 min

New York CNN —The co-chair of a newly formed task force fighting antisemitism at Harvard University has abruptly stepped down after barely a month at the helm. The Harvard Jewish Alumni Alliance, which the Globe said is leading the campaign, did not immediately respond to a request for comment. When Garber announced the presidential task force on antisemitism, he tapped Sadun and Harvard professor Derek Penslar to co-chair it. Penslar remains on the presidential task force, after receiving significant internal and external support. The rest of the antisemitism task force is being filled out by various students, professors and administrators at Harvard.

Persons: Raffaella Sadun, Alan Garber, Sadun, “, ” Garber, ”, Bill Ackman, Garber, David Wolpe, Claudine Gay’s, Jared Ellias, tapped Sadun, Derek Penslar, Larry Summers, Roni Brunn Organizations: New, New York CNN, Harvard University, Harvard Business School, Ivy League, CNN, Harvard, Harvard Crimson, Harvard’s Divinity School, Boston Globe, Harvard Jewish Alumni Alliance, Globe, Department of Education, Jewish, Harvard Jewish, Alliance, Sunday . Locations: New York

☆ Baylor tops Ivy League schhols in endowment rankings
▼ + stars: | 2024-02-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBaylor tops Ivy League schhols in endowment rankingsOver the past 3 years, Baylor's endowment fund has beaten the Ivy League schools in performance. Two of the endowment fund's managers, Dave Morehead and Renee Hanna, join us to describe their strategy.

Persons: Dave Morehead, Renee Hanna Organizations: Baylor, Ivy League

☆ Mark Cuban got the idea for a $5.7 billion business in a California Pizza Kitchen
▼ + stars: | 2024-02-22 | by ( Megan Sauer | ) www.cnbc.com time to read: +3 min

That's where Mark Cuban and his college friend Todd Wagner were in 1995, eating lunch and talking about Indiana University basketball. "There's got to be a way that we can listen to Indiana University basketball ... over the internet," Cuban recalled the two of them saying, during a MasterClass course released Thursday. Cuban and Wagner sold the company to Yahoo for $5.7 billion in stock in 1999. It remains Cuban's most lucrative entrepreneurial endeavor, topping the $6 million sale of his first company, software business Microsolutions, in 1990. Disclosure: CNBC owns the exclusive off-network cable rights to "Shark Tank," which features Mark Cuban as a panelist.

Persons: Mark Cuban, Todd Wagner, There's, Cuban, Wagner, Broadcast.com, he's Organizations: Ivy League, Indiana University basketball, Yahoo, Hoosiers, Cost, CNBC Locations: Dallas, Bloomington , Indiana, Broadcast.com, Cuban

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