They're valuing these assets at 1 million.

As investors flee

He valued what we already had at 5 million dollars.

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

Big investors.

Just Manic Enough.

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

This is the total actual value.

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

And then they give the mortgage to the investment banker, which packages them up and then sells them to investors.

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.

I guess we seem to be doing at least a few things right.

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

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

Good morning.

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

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

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.

I hope you invested if you can't invest in your own thing, why should I?

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.

You boys give him a hand.

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

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

And that seems like a pretty reasonable proposition.

So then they funneled even more money.

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?

3.Global Movement GlobalBEM will initiate and act as a facilitator for a global community.

Give him a hand, Tony.

Here, let me give you a hand.

Yes, it's an enterprise.

These are one million shares total, or shares outstanding.

Of course it's a huge fee.

The amount of money you get.

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.