Cost Plus Drugs

8 statements across 1 episodes · 4 bullish · 1 bearish · 1 people on the record · first statement Feb 8, 2022 by Mark Cuban · said 18 times in 1 episodes since 2022 · across every show →

Mentions by year

brought up most by Harry Stebbings (13), Mark Cuban (5)

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Everything said about Cost Plus Drugs, oldest first

Feb 8, 2022 positive
Assertion Open
Cuban: Cost Plus Drugs adds over 10,000 accounts per day
“We're adding 10,000 accounts Plus a day, and we're already past 50”
Mark Cuban Feb 8, 2022 ▶ 16:59 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 neutral
Disclosure
Mark Cuban: Cost Plus Drugs has no outside investors and is self-funded
“I didn't bring on any investors I'm financing it all myself”
Mark Cuban Feb 8, 2022 ▶ 1:29 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 bullish
Assertion Not checkable as stated
Cuban: Cost Plus Drugs prices beat market rates 99% of time
“And just the way the industry is set up, that price, not always, but 99% of the time ends up being lower than what you're probably already paying. And most likely, It's lower than your insurance copay.”
Mark Cuban Feb 8, 2022 ▶ 0:59 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022
Disclosure
Mark Cuban has invested tens of millions into Cost Plus Drugs
“It's, you know, it's tens of millions of dollars and growing.”
Mark Cuban Feb 8, 2022 ▶ 8:13 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 bullish
Prediction Not checkable as stated
Cuban: Big pharma will match Cost Plus Drugs' pricing as scale grows
“A lot of them will match. Some of them will ignore us. It depends on how big we get. You know, if we have ten million customers, they'll pay attention to us. If we have a million customers, maybe not. You know, and there'll be times when there'll be PR and, yo…”
Mark Cuban Feb 8, 2022 ▶ 3:54 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 positive
Assertion Partly supported
Mark Cuban: Cost Plus Drugs charges a 15% markup plus $8 fees
“The goal for us is to take generic drugs and be very transparent in what our costs and operation costs are and sell everything at a 15% markup. And from there, we add a three dollar handling fee and a five dollar shipping fee.”
Mark Cuban Feb 8, 2022 ▶ 0:38 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 negative
Insight
Mark Cuban rejects five-year planning, focusing on short-term business execution
“I don't look forward five years. I look forward a month. You know, I look forward two years, maybe in terms of what drugs are available or coming off a patent or that we can add, but I'm not like, okay, five years.”
Mark Cuban Feb 8, 2022 ▶ 22:07 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
Feb 8, 2022 neutral
Assertion Partly supported
Cuban: Cost Plus Drugs does not accept health insurance payments
“You can't pay using insurance on costplusdrugs.com. You have to, you know, put in your credit card and pay that way.”
Mark Cuban Feb 8, 2022 ▶ 3:34 Cost Plus Drugs: EXPLAINED | Mark Cuban Full Interview · 20VC with Harry Stebbings
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