Mark Cuban's Advice: Save Your Baby's Umbilical Cord Blood

Mark Cuban, the billionaire entrepreneur and owner of the NBA franchise Dallas Mavericks, has some very interesting advice for new parents - Save the umbilical cord blood from your child's birth so they can reap the rewards of the upcoming advances in technology and medicine. Read on below:

Mark Cuban Save Cord Blood

Want Your Newborn to be an Athletic Superstar? By Mark Cuban:

Well I have no idea how to make sure he or she gets there. But what I do know that is if you have any such aspiration for your soon to be bundle of joy, then there is one thing you must do:
You must save the cord blood from your child’s birth.
At the Dallas Mavericks we have been diving into any and all advances in medical science that can give us a competitive edge. (The new advanced metrics that will impact the game). I’m not talking performance enhancing drugs, I’m talking proactive analysis and advanced recovery methodologies.  One that is obvious is the use of Stem Cells.
I’m not going to go into the science or offer any insights into what we are doing,  but what I will tell soon to be and future parents is that your doctors and your children will thank you in 20 years when they are relieved to find out that they can utilize the latest in medical technologies because mom and/or dad had the foresight to save their cord blood
Let me clear here. This is not a cure all. The use of cord blood cells in regenerative applications is still in its infancy (See the joke I made there :)). But what I do know that is medical science is advancing rapidly. What will be available to your newborn child in 20 years will be vastly different than what is available today. By banking the cord blood in a private cord bank, while relatively expensive (Do your homework PLEASE before making a decision which bank to use), you will have given your child a unique option that could lead to the latest recovery techniques being available to him or her.
You want to know what the next big thing is? It’s personalized medicine. This is one baby step towards the future for your family
And let me be crystal clear again, DO YOUR HOMEWORK. Not everyone agrees with me. It’s not cheap. It’s not a cure all. It’s an option. One that I have used with my children. But you have to make your own decisions.

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