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

The amount of money you get.

Investing in professional development is not a cost.

Malibu Equity and Investments. Roger Van Zant.

But this investment goes to everyone.

Let me put that.

Investment

Malibu Equity and Investments.

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

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

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

As investors flee

Investing.

Is that something that you are still invested in, that you still believe in the notion of investment?

And we're not just investing in the kids.

And right now I can't afford the attention.

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

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

Big investors.

Investment in what?

In a situation where you have growth, you put the new money into this.

And of course the pre money valuation is just you just take the pre money valuation plus the amount of cash they're giving us.

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

Someday, you maybe pitching to a really young VC.

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

Now, who are they accountable to?

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

That's it you are the person.

So let me delete this.

And then, what's the state of affairs in our city now?

But in any investment decision, the key question is,

In the general election, it's the citizens who get to vote, if you're over 18, in some states if you have an ID.

If there are investors willing to finance

And this too requires investment, investment for example, in places places where we can connect, places where we can participate, shared spaces, concert halls, gardens, public parks,

That you can't create wealth, all of a sudden, out of legislation.

It has to be investing in low carbon technologies and infrastructures.

Just Manic Enough.

Consider it a capital investment.

I want investment.

There's only 25,000 in this little pile of money that I'm collecting, but people think that there should be 35,000.

But everything that I said here tonight, or the commandments, are means, are ways, for us to govern cities invest in infrastructure, invest in the green, open parks, open spaces, integrate socially, use technology.

TEDx is different to other conferences.

If what we had before is worth 5 million and there were a million shares initially, then the pre money valuation

He had originally given us 5 million.