No major investor will consider us.

They're valuing these assets at 1 million.

As investors flee

They have investors, they have shareholders. Shit like that.

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

Big investors.

Just Manic Enough.

He valued what we already had at 5 million dollars.

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

This is the total actual value.

CA What's the bottleneck preventing this stuff getting from scale?

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

Need investors for the server farm they are going to build.

On the equity side of the equation we just have four million shares.

If there are investors willing to finance

And we start getting to the negotiation.

So this is my slice down here, 200,000.

So let's say he convinces investor B to join in.

I think it was at 7.50 a share.

And we allow entrepreneurs to share a percentage of their revenues.

And of that share, we have 2 million shares outstanding.

Or are you trying to get an intuition for helping to become a better investor?

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

He had originally given us 5 million.

They are just going alone! (Applause)

But now we actually built something.

What's it like being an investment banker?

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

I like that, too. Anyway, I know Chris told us not to do pitches up here, but since I have all of your attention

The amount of money you get.

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

And of course the investors would care that the money that they're essentially giving because they're giving money to the investment bankers who are giving money to

CA And now you're a big investor in that and bringing that to market?

And then, let's say, we have several time periods.

So let's say I have investor A.

That they're reducing volatility.

There you go.

In this corner, you have created something that's not valuable and not unique.

And that worked out pretty well.

They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

And then this syndicate of banks, led by the lead underwriter, will then sell it to their brokerage clients.

So if I don't put the 150,000 down deposit on the home, and

You can get investors through equity, and we've done several videos on that.

I'm legitimate.

But the total perceived value, let me write that down another