I'm going to bundle them all together and sell them to this investment bank.

The amount of money you get.

They don't know what my job is, how likely I am to pay the loan.

Deception can cost billions.

So I want to funnel more and more money in here.

Investment

So I'm going to sell these loans.

Malibu Equity and Investments.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

So then even more money flowed in.

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Well the investors, they don't know who I am.

Malibu Equity and Investments. Roger Van Zant.

And I'll show you why that matters in a second.

Big investors.

Investment in what?

Now, who are they accountable to?

Harry went back to New York, asked his brother, an investment banker, to loan him the 3,000, and his brother's immortal words were,

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

I've essentially become the lender to the home owner, and so the home owner's morgage payment will now come to me the Investment Bank .

Did you know that 40 percent of the wealth created in Africa is not invested here in Africa?

They borrowed it from their local mortgage broker, who then sold it to a bank, or to an investment bank, who created the special purpose entity, and then they IPO the special purpose entity and raise the money from people who bought the mortgage backed securities.

And this is the important thing.

I just took the total NAV and I divided it by the shares.

So you can imagine, this is the actual amount of cash that

This is the total actual value.

Now how does that work out?

And if they don't meet what the bank's requirements are, they would never get a loan.

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

And so with patient capital from Acumen and other organizations,

By the way before we go forward, this is one point I want to mention.

EBlT in this case would be the operating profit plus this investment income.

(Laughter) Here's some advice from one of the largest investors in the United States.

He invested his money in stocks.

But he said you know Nempo...

We are now faced with these questions to answer.

isn't an unwise investment.

Peter Thiel just made an angel investment of half a million dollars.