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

The amount of money you get.

They'll say, well, you got a 50,000 return on investment.

Is that consumption or is that an investment?

Investment

Malibu Equity and Investments.

So let me delete this.

He valued what we already had at 5 million dollars.

They're valuing these assets at 1 million.

Investing in professional development is not a cost.

As investors flee

Investing.

Here in this situation, I actually make money.

Malibu Equity and Investments. Roger Van Zant.

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

Big investors.

Investment in what?

Now, who are they accountable to?

TEDx is different to other conferences.

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

Right, integrity. The key thing.

Let's say that we end up lucky.

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?

AG No. It's not that it didn't work.

So you have tons of investors.

You should at least plead for something.

Or if they see that fully utilization is down the road,

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

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

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.