The amount of money you get.

He valued what we already had at 5 million dollars.

Investment in what?

Investment

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.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Malibu Equity and Investments. Roger Van Zant.

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

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

Big investors.

Now, who are they accountable to?

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

That's it you are the person.

We've had a lot of experience.

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.

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

But as oil prices rose,

Seung Jo!

But now we actually built something.

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

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

And that seems like a pretty reasonable proposition.

While qualified persons qualified persons are interested in investing and have money to invest.

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,

Risk money refers to funds placed in investments that seek high return, although high risk, investments.

He invested a lot of money in stocks.

And that worked out pretty well.

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 invested his money in stocks.