I think I originally set in the original video that we have 500 million shares.

And just as an example, I said well let's say that Bank A is a public company.

And the links represent the shareholding relations, so shareholder A has x percent of the shares in company B.

And we also assign a value to the company given by the operating revenue.

So in both of these situations they have 10,000 shares

let's say this is a publicly traded company.

He's a stockbroker.

SCOTT Inc.'s stocks are blue chip stocks.

So here the nodes are companies, people, governments, foundations, etc.

It is a customary contraction like our

'Company.' It is a customary contraction like our

It's actually horrible.

goodness.

Stockbroker.

Stockbroker?

And all of that's great, and it's fine.

But 99 of the time, when you buy a share, it is not going to the company.

They've never made money.

Preserve owner

So... what do we need to make this work?

And you?

It could split the Special Purpose Entity into a million or ten million shares and then sell those shares to investors.

So instead of 160, he now has 110 and he has a share of IBM.

These young boys are in Nepal.

And there are different models which allow you to compute the control you get from ownership.

I think they're CFC.

And equity securities you're probably familiar with.

What do you know about his personal life?

Before cutting these jaws, Andrew notes that unlike our previous part, the finish on this material is very rough

(Laughter)

So essentially, whoever lent Loan C, all of these shares are now their shares.

And what does that mean?

Well, what's the market cap?

And maybe this guy's even growing faster, so maybe they're being conservative by only giving this guy a 10 price to earnings.

And they can say like, this VC can say oh, you know what?

Yesterday's turnover on the stock market was 500 million shares.

let me draw the shares, so there is one, two, three, four, five shares.

let's say you owe 800,000 on your loan.

It's dubai.The market is just opening there. I'm sorry.Excuse me,please.

The investment bank at least starting off with all of the shares of the Special Purpose Entity.

If I buy a share of IBM a lot of people say, oh, I saved I saved my money,

And then what's left over, which is essentially so this is 2 million of equity, and then you'd have 2 million of equity here this 2 million of new equity, right?

Our liabilities are still 3 billion.

And going price on those exchanges

So let's say this company has let me do it in mauve so this company's shares, let's say it has 1 million shares.