So the big difference open ended fund when an investor wants their money back they have to deal with the fund itself the fund will buy back their share

Every single Harvard employee is now automatically enrolled in a lifecycle fund.

This is the angel investor.

Hedge Fund 1.

Pete's mutual fund.

We went to an angel investor.

Investor C thinks he has 40,000.

No major investor will consider us.

Bigg Bunny Deenz is Finn's investor?

Then you could have another pension fund, Pension Fund 2.

The big investor bought up the stocks.

Our investor, President Yoon, is waiting downstairs.

TBP Well you say a big investor.

So let's say I have investor A.

And investor D thinks he has 200,000.

So, each of these is an investor.

This angel investor has this million shares.

Singapore's Central Fund provides pensions.

He's good at fund raising.

They'll fund anything these days.

And a closed end fund

So that's me, pension fund.

I am a pension fund.

Supported by JAPAN ARTS FUND

In the previous example, I had Pension Fund 1, that was my pension fund.

Why wouldn't everyone want to be an equity investor?

So think of yourself as almost their venture investor.

So this investor, who knows, it could be the

IMF stands for International Monetary Fund.

So now the fund has 500.

It could be a hedge fund.

And this is Pension Fund B.

He has a fund for orphans.

My rainyday fund. Sixtyeight thousand, okay?

So let's say we go to an angel investor, and we say hey, angel investor, don't you think this is a great idea?

So let's say he convinces investor B to join in.

Oh, and I forgot to put investor D's deposit here.

So they can be a cash, or a cause, investor.

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