They're valuing these assets at 1 million.

As investors flee

Foreign investors withdrew their money from America.

Foreign investors withdrew their money from the United States.

It could be a whole set of people.

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

Big investors.

My recommendation is that you invest in government bonds.

Just Manic Enough.

He valued what we already had at 5 million dollars.

So you can imagine, this is the actual amount of cash that

This is the total actual value.

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

That assets, A for assets, is equal to

I feel secure when I invest in stocks but not bonds.

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

If there are investors willing to finance

And we start getting to the negotiation.

So this is my slice down here, 200,000.

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

I think it was at 7.50 a share.

And we allow entrepreneurs to share a percentage of their revenues.

And of that share, we have 2 million shares outstanding.

I created a company in America called Gonofone, which in Bengali means people's phone.

Or are you trying to get an intuition for helping to become a better investor?

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

He had originally given us 5 million.

They are just going alone! (Applause)

But now we actually built something.

What's it like being an investment banker?

So first, a little bit of definitions.

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

You got plenty put away.

The amount of money you get.

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

And of course the investors would care that the money that they're essentially giving because they're giving money to the investment bankers who are giving money to

They're telling me that this is AAA, which means the highest level of debt.

CA And now you're a big investor in that and bringing that to market?

And then, let's say, we have several time periods.

So let's say I have investor A.

That they're reducing volatility.

There you go.

In this corner, you have created something that's not valuable and not unique.

And that worked out pretty well.

No major investor will consider us.