The amount of money you get.

Malibu Equity and Investments.

Mmhm. It's a real estate investment.

Now, who are they accountable to?

Investment

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

Malibu Equity and Investments. Roger Van Zant.

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.

And that seems like a pretty reasonable proposition.

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

Big investors.

Investment in what?

That assets, A for assets, is equal to

And this is the important thing.

This is the total actual value.

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

Let me put that.

Just Manic Enough.

Consider it a capital investment.

I want investment.

And so with patient capital from Acumen and other organizations,

We are now faced with these questions to answer.

But we'll do a whole playlist on that.

Now we have 3,000 apples being produced, because these were really good investments.

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

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

But he said you know Nempo...

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

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

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.

From my point of view I liked the idea of the world's biggest site.

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

Now how does that work out?

I ran to my computer to send it to the IMF official.

less capital intensive that there's less money that's required

It should start to make a little bit of intuitive sense

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

If there are investors willing to finance