SHAQUILLE O’Neal only needs to know when thing when he’s making an investment decision.
If Mark Cuban is buying into something, Shaq wants to be involved too.
Shaquille O’Neal is following in Mark Cuban’s investment footsteps[/caption]
Shaq has joined in on many of Cuban’s business ventures[/caption]
On Saturday, Shaq made an appearance at Big Pod event in Las Vegas to discuss his business ventures.
Among his most recent investments was BeatBox, a company that Mark Cuban invested in on Shark Tank.
He spent $1 million in one of the largest deals in the history of the show.
Cuban learned of the drink on his show, and Shaq later found out about it at his DJing shows.
“I thought it was Capri Sun, and then I tried. I was like, ‘This is pretty good,’” O’Neal told PEOPLE.
Shaq said he had a call with Cuban to discuss the brand before he invested in it.
“I’ve always learned that in order to be great, you have to have conversations with other great people,” he said.
Shaq said he basically plays follow the leader with Cuban and his investments.
“Whenever Mark is investing in, I’m investing in,” he said.
“Mark could say, ‘Hey, I got a toilet tissue brand coming out.’ I’m doing it.
“He’s been very successful since he sold [Broadcast.com].”
Shaq isn’t only investing in companies for the money though.
He says he wants to be a “teammate” in companies’ growth.
“My spiel to everyone is being a teammate,” he said.
“I’m going to be the one to help take it to the next level.”
2025 NBA Draft picks
- Cooper Flagg – Dallas Mavericks
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- Jeremiah Fears – New Orleans Pelicans
- Egor Demin – Brooklyn Nets
- Collin Murray-Boyles – Toronto Raptors
- Khaman Maluach – Phoenix Suns
- Cedric Coward – Memphis Grizzlies
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- Derik Queen – New Orleans Pelicans
- Carter Bryant – San Antonio Spurs
- Thomas Sorber – Oklahoma City Thunder
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- Kasparas Jakucionis – Miami Heat
- Will Riley – Washington Wizards
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- Asa Newell – Atlanta Hawks
- Nique Clifford – Sacramento Kings
- Jase Richardson – Orlando Magic
- Ben Saraf – Brooklyn Nets
- Danny Wolf – Brooklyn Nets
- Hugo Gonzalez – Boston Celtics
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- Yanic Konan Niederhauser – LA Clippers
Shaq has invested in numerous companies ever since retiring from the NBA, but only buys into products he likes.
“I’m just fortunate and lucky enough to have good friends and have really smart people around me,” he said.
“I’ve been in business since ’92. Had a lot of failures, had a lot of success. That’s just business.
“Every company that I’m with, I definitely have to like the product.
“I get a lot of opportunities to do business, but if I don’t like your product, I can’t take your money and sell something I don’t like to the people. I just can’t do it.”
