They're valuing these assets at 1 million.

As investors flee

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

Big investors.

He valued what we already had at 5 million dollars.

This is the total actual value.

Just Manic Enough.

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

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

The amount of money you get.

And that seems like a pretty reasonable proposition.

If there are investors willing to finance

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

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

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

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

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

But now we actually built something.

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

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 of that share, we have 2 million shares outstanding.

Malibu Equity and Investments.

So let's say I have investor A.

That they're reducing volatility.

And that worked out pretty well.

Mmhm. It's a real estate investment.

He had originally given us 5 million.

They are just going alone! (Applause)

What's it like being an investment banker?

Now, who are they accountable to?

Yes, it's an enterprise.

Investment

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.

Foreign investors withdrew their money from America.

Foreign investors withdrew their money from the United States.

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

Someday, you maybe pitching to a really young VC.

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

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

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.

There you go.