TECH - Mark Cuban Vows To Defend DEI's 'Positive' Impact On Business Because They Are 'Opposite' Of Elon Musk And Others: 'My Arguments Are Not Abstract' | Benzinga
“Shark Tank” investor Mark Cuban took to X, formerly Twitter, to assert the tangible benefits of diversity, equity, and inclusion (DEI) in the business world and vowed to continue vouching for it.
What Happened: On Tuesday, Cuban, who owns and invests in hundreds of companies, shared his firsthand observations of DEI’s positive impact on profitability, challenging the theoretical critiques of his opponents.
Cuban’s statements were made in response to comments from Christopher F. Rufo and Jordan B. Peterson, who have been vocal about their differing views on DEI. Cuban emphasized his focus on results over theoretical arguments, stating that even if every Twitter user disagreed with him, he would still follow the evidence presented by his portfolio’s performance.
“First of all my arguments are not abstract. I own or invest in hundreds of companies. I know DEI is a positive because I see it’s impact on bottom lines. That’s been reiterated by many CEOs,” he wrote.
He also acknowledged the entrepreneurial efforts of Rufo and Peterson, despite disagreeing with their positions. Cuban pointed out that Twitter does not reflect the real world and pledged to continue voicing his ...