Foreign investors withdrew their money from America.

Foreign investors withdrew their money from the United States.

And the more fake positive returns you get, the more people that want to put their money in.

The textile industry is incredibly mobile.

Why are you helping him?

Seung Jo!

They're valuing these assets at 1 million.

As investors flee

He valued what we already had at 5 million dollars.

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

Big investors.

Just Manic Enough.

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

I think it was at 7.50 a share.

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

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

This is the total actual value.

I created a company in America called Gonofone, which in Bengali means people's phone.

I do, there's a particular pebble in my shoe, who represents my investors.

But now we actually built something.

We need to put money where it can productively grow.

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

They buy people they can trust or believe they can.

And that worked out pretty well.

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

Let's say it gets bigger every time because that's usually how these things go, you know, you normally don't don't have just three investors, you'll have hundreds of investors.

If there are investors willing to finance

And we start getting to the negotiation.

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

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

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

But we know that's not going to happen, because people think I'm such a good investor, they want their money to ride as long as possible.

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

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

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.

It's a choice between a nation that slashes funding for our schools and guts Pell grants or a nation that invests more in education.

He had originally given us 5 million.

They are just going alone! (Applause)

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.

Don't talk like that. All right.

Of course it's a huge fee.

The amount of money you get.