Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

The amount of money you get.

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.

He valued what we already had at 5 million dollars.

And now, what percentage do each of us own?

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.

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

Big investors.

Investment in what?

These funds are to philanthropy what venture capital, private equity, and eventually mutual funds are to investing, but with a twist because often a community forms around these funds, as it has at Acumen and other places.

But communities are doing it.

Now, who are they accountable to?

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

The stories that we want to know, and the stories that do exist about positive tales.

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

So these people, their financial planner, and their siblings, and their friends at work say, oh, your balance sheet is so inefficient, why don't you take some of that equity and invest it or put it to work.

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?

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

The last two examples I gave contribute to the collective wealth society, some of which you share, and that is your return on the investment.

And so with patient capital from Acumen and other organizations,

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

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

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

He invested his money in stocks.

But he said you know Nempo...

We are now faced with these questions to answer.

isn't an unwise investment.

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

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

I guess you can't quantify charisma and good looks.

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.

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