Billionaire investor Mark Cuban is no stranger to the headlines. He owns the Dallas Mavericks, he's Mr. Shark Tank and now he's got a new app, Cyber Dust.

The new messaging app is being described as a cross between WhatsApp and Snapchat. Cyber Dust deletes your text messages seconds after you read them and the screen doesn't show who the messages are from, just in case a friend who is up to no good has plans to take a screen shot.

Caption: Cyber Dust Alerts You if Your Friends take a Screen Shot.

Cuban said his app was created out of necessity after a battle with the Securities and Exchange Commission.

"Every message that I had, they created a new context for it, if I said the sky was blue they took this message and brought it in the court and said no, you didn't really mean the sky was blue, you meant the sky was green."

One of Cuban's most admired traits is that he turns problems into opportunities.

After winning the battle with the SEC, Cuban flipped his legal troubles into a solution for anyone wanting more privacy with their texts.

Cuban explained in an interview with ABC News' chief business and economics correspondent Rebecca Jarvis: "We've been beating it into kids that you have to be careful what you put online, any picture you post on Facebook, Twitter or Tumbler could be used against you with a future employer."

Then Jarvis put Cuban in the hot seat. She asked him some rapid-fire questions, such as who he'd rather be in business with - Mark Zuckerberg or Jeff Bezos? Or whether college athletes should get paid.

Take a look at his never heard before answers.

1. Apple or Samsung?

Samsung, but when questioned why he has an iPhone, he said Cyber Dust is currently only available on the iPhone. The app will be available on Android soon, he said.

2. If you had to go into business with Mark Zuckerberg of Facebook or Jeff Bezos of Amazon, who would it be?

Jeff Bezos

3. Bigger torture: Dinner with Donald Trump or watch a rerun of Benefactor?

"Oh, Donald Trump, no question."

4. Should the NBA season be 65 games?

"No, because we won't make as much money. People come to the games because they like them."

5. Should college athletes get paid?

No

6. How many hours of sleep do you get each night?

Five

7. What is the best piece of advice you ever got?

Grind

8. Worst piece of advice you ever got?

"Follow your passions." Instead, you should follow your effort.

9. If you could be anyone other than Mark Cuban, who would you be?

Mark Cuban