1 00:00:00,040 --> 00:00:03,600 Speaker 1: An illegal alien from Guatemala charged with raping a child 2 00:00:03,680 --> 00:00:07,480 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 3 00:00:07,720 --> 00:00:11,840 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 4 00:00:11,920 --> 00:00:15,840 Speaker 1: filming and selling child pornography in Michigan. These are just 5 00:00:15,920 --> 00:00:19,680 Speaker 1: some of the heinous migrant criminals caught because of President 6 00:00:19,720 --> 00:00:23,320 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 7 00:00:23,320 --> 00:00:28,120 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 8 00:00:28,160 --> 00:00:31,680 Speaker 1: crossings are at the lowest levels ever recorded, and over 9 00:00:31,760 --> 00:00:34,960 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 10 00:00:35,040 --> 00:00:38,920 Speaker 1: are here illegally your next you will be fined nearly 11 00:00:39,000 --> 00:00:43,000 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 12 00:00:43,040 --> 00:00:46,680 Speaker 1: never return. But if you register using our CBP home 13 00:00:46,720 --> 00:00:50,120 Speaker 1: app and leave now, you could be allowed to return legally. 14 00:00:50,479 --> 00:00:55,240 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 15 00:00:55,400 --> 00:00:57,840 Speaker 1: border and families will be protected. 16 00:00:57,920 --> 00:01:00,000 Speaker 2: Sponsored by the United States Department of Homeland Security. 17 00:01:00,280 --> 00:01:06,040 Speaker 3: Get your tickets to invest Vests. Sean Diddy COHMS has 18 00:01:06,080 --> 00:01:10,920 Speaker 3: been confirmed as a headliner. Congratulations to the great Robert 19 00:01:11,000 --> 00:01:18,480 Speaker 3: Smith who sold a company for four point four point 20 00:01:18,520 --> 00:01:19,840 Speaker 3: six billion dollars. 21 00:01:21,160 --> 00:01:21,520 Speaker 4: It was. 22 00:01:22,240 --> 00:01:30,319 Speaker 3: It was a cybersecurity I believe cybersecurity company name uh a. 23 00:01:31,880 --> 00:01:32,360 Speaker 4: Patio. 24 00:01:32,480 --> 00:01:33,360 Speaker 5: Microsoft purchased it. 25 00:01:33,360 --> 00:01:40,360 Speaker 3: Correct, IBM Mike Rossoft, No, IBM purchased it. 26 00:01:40,560 --> 00:01:44,240 Speaker 5: Four Uh. 27 00:01:44,680 --> 00:01:46,760 Speaker 3: He made a lot of money on that transaction. So 28 00:01:46,840 --> 00:01:51,200 Speaker 3: let's break this down how this work quickly. It wasn't 29 00:01:51,240 --> 00:01:53,120 Speaker 3: that he sold his company. I still a lot of 30 00:01:53,120 --> 00:01:55,520 Speaker 3: people that that was a little confused in the comments section, 31 00:01:55,680 --> 00:01:57,920 Speaker 3: saying like, you know, they know we shouldn't be selling 32 00:01:58,000 --> 00:01:58,560 Speaker 3: our companies. 33 00:01:58,880 --> 00:02:01,520 Speaker 6: So four billion, ye say it for four billion? Yes 34 00:02:01,560 --> 00:02:05,040 Speaker 6: you should, Yes you should. If somebody off of y'all 35 00:02:05,080 --> 00:02:07,480 Speaker 6: four billion, listen, you can sell a red pandem might 36 00:02:07,480 --> 00:02:10,000 Speaker 6: have two and a half. Right now, I'll even hit 37 00:02:10,120 --> 00:02:12,880 Speaker 6: at the table. Let me get my fifty slap tander. 38 00:02:12,919 --> 00:02:15,760 Speaker 6: We shouldn't sell companies. The purpose of buying a company 39 00:02:16,000 --> 00:02:18,040 Speaker 6: or building a company is to sell it so then 40 00:02:18,120 --> 00:02:21,880 Speaker 6: can enjoy time with your family, not to be slaves forever. 41 00:02:22,919 --> 00:02:24,480 Speaker 5: Or perhaps create more companies. Yeah. 42 00:02:24,520 --> 00:02:27,760 Speaker 3: Well the thing with his so his business is private equity. 43 00:02:28,200 --> 00:02:33,000 Speaker 3: So they what they do is that they purchase companies. Right, 44 00:02:33,000 --> 00:02:35,600 Speaker 3: They invest in companies, but they pretty much like purchase 45 00:02:35,639 --> 00:02:37,960 Speaker 3: the company they they own. Majorities take in the company. 46 00:02:38,400 --> 00:02:41,520 Speaker 3: So they'll buy X, Y and Z company and they'll 47 00:02:41,639 --> 00:02:44,600 Speaker 3: pay one hundred million dollars to have fifty one percent 48 00:02:44,639 --> 00:02:48,639 Speaker 3: ownership of the company. And the reason why the owner 49 00:02:48,680 --> 00:02:50,840 Speaker 3: of the business will do that is because you know, 50 00:02:50,880 --> 00:02:53,200 Speaker 3: they feel like they have taken it to the point 51 00:02:53,200 --> 00:02:56,840 Speaker 3: where they can't take it any further. And now you 52 00:02:56,919 --> 00:02:59,919 Speaker 3: know they need they need to scale it, they need resources, 53 00:03:00,080 --> 00:03:03,520 Speaker 3: they need money. What did with the hope and the 54 00:03:03,560 --> 00:03:08,040 Speaker 3: attention that the company is valued at one hundred million today. 55 00:03:08,080 --> 00:03:09,480 Speaker 3: By the time that they sell it, they might sell 56 00:03:09,480 --> 00:03:12,120 Speaker 3: it for a billion, right, and then everybody eats because 57 00:03:12,160 --> 00:03:13,680 Speaker 3: now you're going to make money on that on that 58 00:03:13,760 --> 00:03:17,200 Speaker 3: side as well. So that's actually what he does for 59 00:03:17,280 --> 00:03:20,000 Speaker 3: a living. He buys companies and then he sells them. 60 00:03:20,680 --> 00:03:25,040 Speaker 3: Paul Judge just texts me, that's ironic, Paul, So. 61 00:03:26,080 --> 00:03:28,399 Speaker 2: We need your Paul on the show. And Rashan Williams 62 00:03:28,440 --> 00:03:28,840 Speaker 2: my brother. 63 00:03:28,919 --> 00:03:30,800 Speaker 6: I know you're not doing interviews, but if we can 64 00:03:30,840 --> 00:03:32,359 Speaker 6: get you and Paul on the show together, that would 65 00:03:32,360 --> 00:03:33,000 Speaker 6: be great. 66 00:03:32,960 --> 00:03:35,240 Speaker 2: For the culture. I bet rasa go ahead. 67 00:03:35,640 --> 00:03:38,240 Speaker 4: Gotta put it out there for sure. 68 00:03:40,160 --> 00:03:44,480 Speaker 3: So it's his, it's it's his business model to buy 69 00:03:44,520 --> 00:03:47,680 Speaker 3: companies and to sell them. So we just have to 70 00:03:47,800 --> 00:03:52,560 Speaker 3: educate the public to understand that he didn't sell out. 71 00:03:52,880 --> 00:03:55,960 Speaker 3: It's not like he you know, sold his company, and 72 00:03:56,400 --> 00:03:58,000 Speaker 3: he could. He could sell his company if he wants. 73 00:03:58,000 --> 00:04:01,760 Speaker 3: That's his that's his right, but that's not actually what happened. 74 00:04:01,920 --> 00:04:04,240 Speaker 3: So he sold and he sells companies all the time. 75 00:04:04,400 --> 00:04:08,400 Speaker 3: This was just a very big sale. So, yeah, he 76 00:04:08,480 --> 00:04:12,040 Speaker 3: sold the company for four point six billion. Everybody made 77 00:04:12,080 --> 00:04:14,200 Speaker 3: a lot of money in that transaction. It's not like 78 00:04:14,240 --> 00:04:16,520 Speaker 3: he gets four point six billion obviously, because he has 79 00:04:16,560 --> 00:04:20,960 Speaker 3: partners in the company and you know, the owner original owners. 80 00:04:21,000 --> 00:04:23,080 Speaker 4: So let's say he made a hundred million. No matter what, 81 00:04:23,120 --> 00:04:24,320 Speaker 4: he made a lot of money, right. 82 00:04:25,400 --> 00:04:31,160 Speaker 3: So this is something that very important piece of news. 83 00:04:31,720 --> 00:04:34,960 Speaker 3: And of course he will be headlining invest FST. So 84 00:04:35,680 --> 00:04:37,560 Speaker 3: it's crazy because that came out and then at the 85 00:04:37,600 --> 00:04:42,240 Speaker 3: same week our other headliner, Diddy made news. It came 86 00:04:42,279 --> 00:04:45,240 Speaker 3: out that Diago parted ways with him. And that's a 87 00:04:45,240 --> 00:04:49,000 Speaker 3: big deal as far as the the tequila brand that 88 00:04:49,080 --> 00:04:53,600 Speaker 3: he has and really understanding the business side of that. 89 00:04:53,640 --> 00:04:55,839 Speaker 3: And he enlightened us to a variety of different things 90 00:04:55,839 --> 00:04:57,520 Speaker 3: that we weren't aware of when We spoke to him 91 00:04:57,520 --> 00:05:01,719 Speaker 3: about the the liquor industry and why he sued and 92 00:05:01,760 --> 00:05:04,680 Speaker 3: why he felt that it was it wasn't fairly done, 93 00:05:04,720 --> 00:05:07,359 Speaker 3: and he was saying, like, you know, the information is 94 00:05:07,400 --> 00:05:10,320 Speaker 3: important for entrepreneurs to know when you're dealing with corporate 95 00:05:10,400 --> 00:05:12,080 Speaker 3: like how they take advantage of people and how they, 96 00:05:12,120 --> 00:05:14,320 Speaker 3: you know, play off with your ignorance. So he's the 97 00:05:14,320 --> 00:05:18,359 Speaker 3: headline as well. And then the other key headliner in 98 00:05:18,400 --> 00:05:23,440 Speaker 3: this situation is Richard Paul And it came out that 99 00:05:24,760 --> 00:05:29,919 Speaker 3: on the first day, on the first day of NBA 100 00:05:32,640 --> 00:05:37,800 Speaker 3: Free Agency, three hundred and ninety million closed in contracts 101 00:05:37,680 --> 00:05:40,480 Speaker 3: for three of his clients and he will be at 102 00:05:40,480 --> 00:05:41,440 Speaker 3: invest Fest. 103 00:05:42,080 --> 00:05:44,480 Speaker 7: And that was just in the first day. He has 104 00:05:44,560 --> 00:05:48,120 Speaker 7: since added more to that portfolio. We just saw, uh, 105 00:05:49,360 --> 00:05:52,200 Speaker 7: Anthony Edwards just signed an extension for over two hundred 106 00:05:52,200 --> 00:05:52,799 Speaker 7: and sixty million. 107 00:05:53,880 --> 00:05:56,159 Speaker 5: They are there, they're Richard. 108 00:05:58,560 --> 00:05:59,680 Speaker 4: But here's the best thing. 109 00:05:59,680 --> 00:06:02,680 Speaker 3: There's a bunch of other people that we can't announce it. 110 00:06:04,120 --> 00:06:08,000 Speaker 4: We announced my line up out of practice patience. 111 00:06:08,040 --> 00:06:10,400 Speaker 7: There was a text that came through two days ago 112 00:06:10,680 --> 00:06:12,920 Speaker 7: that you don't even know about that we I'm gonna 113 00:06:12,920 --> 00:06:16,360 Speaker 7: have to text you about. That's been added, it is 114 00:06:18,880 --> 00:06:23,679 Speaker 7: historic is an understatement. Monumentous is an understatement. What's gonna 115 00:06:23,680 --> 00:06:26,360 Speaker 7: happen here is something that is going to be beyond legendary. 116 00:06:26,400 --> 00:06:28,920 Speaker 7: When you have this level of talent, this level of 117 00:06:29,560 --> 00:06:31,120 Speaker 7: brain capacity, this level. 118 00:06:30,920 --> 00:06:32,920 Speaker 5: Of earners, what's up. 119 00:06:33,000 --> 00:06:35,480 Speaker 7: You ever walk into a small business and everything just 120 00:06:35,640 --> 00:06:38,800 Speaker 7: works like the checkout is fast, the receipts are digital, 121 00:06:39,320 --> 00:06:42,320 Speaker 7: tipping is a breeze, and you're out the door before 122 00:06:42,320 --> 00:06:46,479 Speaker 7: the line even builds odds are they're using Square. We 123 00:06:46,640 --> 00:06:49,200 Speaker 7: love supporting businesses that run on Square because it just 124 00:06:49,200 --> 00:06:52,440 Speaker 7: feels seamless. Whether it's a local coffee shop, a vendor 125 00:06:52,480 --> 00:06:54,760 Speaker 7: at a pop up market, or even one of our 126 00:06:54,800 --> 00:06:58,480 Speaker 7: merch partners. Square makes it easy for them to take payments, 127 00:06:58,680 --> 00:07:02,440 Speaker 7: manage inventory, and run their business with confidence, all from 128 00:07:02,520 --> 00:07:05,919 Speaker 7: one simple system. If you're a business owner or even 129 00:07:06,000 --> 00:07:09,520 Speaker 7: just thinking about launching something soon, Square is hands down 130 00:07:09,560 --> 00:07:11,920 Speaker 7: one of the best tools out there to help you start, 131 00:07:12,280 --> 00:07:15,840 Speaker 7: run and grow. It's not just about payments, it's about 132 00:07:15,880 --> 00:07:18,320 Speaker 7: giving you time back so you can focus on what 133 00:07:18,480 --> 00:07:22,120 Speaker 7: matters most ready. To see how Square can transform your business, 134 00:07:22,400 --> 00:07:27,040 Speaker 7: visit Square dot com, backslash, go, backslash eyl to learn 135 00:07:27,080 --> 00:07:32,280 Speaker 7: more that Square dot com backslash go backslash eyl, don't wait, 136 00:07:32,560 --> 00:07:35,400 Speaker 7: don't hesitate. Let Square handle the back end so you 137 00:07:35,440 --> 00:07:41,760 Speaker 7: can keep pushing your vision forward. This episode is brought 138 00:07:41,760 --> 00:07:43,680 Speaker 7: to you by P and C Bank. A lot of 139 00:07:43,680 --> 00:07:47,280 Speaker 7: people think podcasts about work are boring, and sure, they 140 00:07:47,360 --> 00:07:51,240 Speaker 7: definitely can be, but understanding a professional's routine shows us 141 00:07:51,240 --> 00:07:54,880 Speaker 7: how they achieve their success little by little, day after day. 142 00:07:55,880 --> 00:07:58,360 Speaker 7: It's like banking with P and C Bank. It might 143 00:07:58,480 --> 00:08:01,920 Speaker 7: seem boring to save plan, make calculated decisions with your bank, 144 00:08:02,400 --> 00:08:04,840 Speaker 7: but keeping your money boring is what helps you live 145 00:08:05,000 --> 00:08:09,000 Speaker 7: or more happily fulfilled life. P and C Bank Brilliantly 146 00:08:09,080 --> 00:08:13,640 Speaker 7: Boring since eighteen sixty five. Brilliantly Boring since eighteen sixty 147 00:08:13,640 --> 00:08:16,920 Speaker 7: five is a service mark of the PNC Financial Service Group, Inc. 148 00:08:17,400 --> 00:08:20,800 Speaker 7: P and C Bank National Association Member FDIC. 149 00:08:22,560 --> 00:08:26,240 Speaker 1: An illegal alien from Guatemala charged with raping a child 150 00:08:26,240 --> 00:08:30,040 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 151 00:08:30,280 --> 00:08:34,440 Speaker 1: accused of murdering a Texas. Man of Venezuelan charged with 152 00:08:34,520 --> 00:08:38,400 Speaker 1: filming and selling child pornography in Michigan. These are just 153 00:08:38,480 --> 00:08:42,240 Speaker 1: some of the heinous migrant criminals. Caught because of President 154 00:08:42,280 --> 00:08:45,880 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 155 00:08:45,880 --> 00:08:50,680 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 156 00:08:50,720 --> 00:08:54,280 Speaker 1: crossings are at the lowest levels ever recorded, and over 157 00:08:54,320 --> 00:08:57,520 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 158 00:08:57,600 --> 00:09:01,480 Speaker 1: were here illegally, your next you will be fine nearly 159 00:09:01,559 --> 00:09:05,600 Speaker 1: one thousand dollars a day. Imprisoned and deported, you will 160 00:09:05,600 --> 00:09:09,240 Speaker 1: never return. But if you register using our CBP home 161 00:09:09,320 --> 00:09:12,679 Speaker 1: app and leave now, you could be allowed to return legally. 162 00:09:13,040 --> 00:09:13,840 Speaker 1: Do what's right. 163 00:09:14,440 --> 00:09:15,240 Speaker 7: Leave now. 164 00:09:15,600 --> 00:09:20,400 Speaker 1: Under President Trump, America's laws, border and families will be protected. 165 00:09:20,520 --> 00:09:22,800 Speaker 7: Sponsored by the United States Department of Homeland Security of 166 00:09:22,880 --> 00:09:26,200 Speaker 7: excellence in the same place at one time. 167 00:09:26,400 --> 00:09:28,360 Speaker 5: What's about to happen for our community is going to 168 00:09:28,400 --> 00:09:29,040 Speaker 5: be life changing. 169 00:09:29,120 --> 00:09:31,640 Speaker 3: Man, get your tickets to a beside. This is something 170 00:09:31,679 --> 00:09:33,600 Speaker 3: that's never been done before, ever in history of the world. 171 00:09:34,160 --> 00:09:36,319 Speaker 3: And get your hotel. We have a hotel block. It's 172 00:09:36,360 --> 00:09:37,000 Speaker 3: on a website. 173 00:09:37,160 --> 00:09:37,960 Speaker 4: Do you now watch to the. 174 00:09:38,000 --> 00:09:41,880 Speaker 6: Last minute or you'll be staying in Tennessee trying to 175 00:09:42,040 --> 00:09:42,520 Speaker 6: drive over. 176 00:09:42,920 --> 00:09:43,120 Speaker 5: Yeah. 177 00:09:43,200 --> 00:09:45,720 Speaker 7: So the first hotel block is going, but I think 178 00:09:45,800 --> 00:09:48,240 Speaker 7: they have the second one at the higher regency the regency. 179 00:09:48,280 --> 00:09:51,200 Speaker 7: So if you're trying to get a hotel tap in 180 00:09:51,200 --> 00:09:53,559 Speaker 7: at the High Regency, go to our website investments dot com. 181 00:09:53,559 --> 00:09:55,960 Speaker 5: Get all the information. Make sure y'all get your rooms. 182 00:09:56,240 --> 00:09:58,319 Speaker 5: Y'all want to be there in person. Be there early. 183 00:09:58,400 --> 00:10:00,200 Speaker 5: We're going to be there about a week early. We're 184 00:10:00,200 --> 00:10:01,480 Speaker 5: gonna be doing a couple of other things that we're 185 00:10:01,480 --> 00:10:02,840 Speaker 5: gonna announce, but make. 186 00:10:03,360 --> 00:10:04,760 Speaker 4: But I want to say something too about it. 187 00:10:04,960 --> 00:10:06,520 Speaker 3: A This is a lot of people say all the 188 00:10:06,559 --> 00:10:08,440 Speaker 3: time where it's like, well, if he sold it for 189 00:10:08,480 --> 00:10:11,120 Speaker 3: four billion, then it was worth twenty eight They get 190 00:10:11,160 --> 00:10:14,400 Speaker 3: this from this master P thing when master P was like, well, well. 191 00:10:17,360 --> 00:10:17,680 Speaker 4: For sure. 192 00:10:17,760 --> 00:10:20,160 Speaker 3: But I mean, yeah, it's kind of common sense if 193 00:10:22,040 --> 00:10:25,920 Speaker 3: just think about this logically, right, if you're selling something 194 00:10:26,000 --> 00:10:29,520 Speaker 3: to me and I'm buying it from you, I think 195 00:10:29,640 --> 00:10:32,600 Speaker 3: that it's more valuable than what you're selling it for, 196 00:10:32,760 --> 00:10:33,600 Speaker 3: or I wouldn't buy it. 197 00:10:34,640 --> 00:10:37,240 Speaker 4: That's just that's just that's just the common Yeah. 198 00:10:37,280 --> 00:10:39,360 Speaker 3: And it's supply chain for them to make it's a 199 00:10:39,559 --> 00:10:42,240 Speaker 3: it's the system only works if there's a buyer and 200 00:10:42,280 --> 00:10:44,520 Speaker 3: a seller. There has to be a seller for the 201 00:10:44,520 --> 00:10:46,560 Speaker 3: system to work. If there's no if there's no seller, 202 00:10:46,840 --> 00:10:48,600 Speaker 3: it's not going to work. So this is like the 203 00:10:48,640 --> 00:10:52,440 Speaker 3: original barter system right where it's like, if you're selling 204 00:10:52,480 --> 00:10:56,880 Speaker 3: me something, I think that I'm going to pay for 205 00:10:56,960 --> 00:11:01,280 Speaker 3: it right now, but it's worth more than that, or 206 00:11:01,320 --> 00:11:05,400 Speaker 3: I wouldn't buy it. So that's not the best way 207 00:11:05,400 --> 00:11:06,959 Speaker 3: to go about it. To think like, well, if he 208 00:11:07,040 --> 00:11:10,760 Speaker 3: sold it for four billion and hel much, because it 209 00:11:10,800 --> 00:11:12,560 Speaker 3: might not be in his interest to keep the company 210 00:11:12,600 --> 00:11:14,600 Speaker 3: for twenty years and nurture it, and he got a 211 00:11:14,640 --> 00:11:17,559 Speaker 3: bunch of other he's buying a hundred companies in that timeframe, right, 212 00:11:17,640 --> 00:11:20,360 Speaker 3: Like his model is to buy it, build it, and 213 00:11:20,400 --> 00:11:23,480 Speaker 3: sell it. IBM's model might be to groom it, grow it. 214 00:11:24,000 --> 00:11:28,280 Speaker 3: Neither one of them are bad, but we have to 215 00:11:28,320 --> 00:11:31,400 Speaker 3: be careful because we just we're repeating narratives that we 216 00:11:31,520 --> 00:11:33,640 Speaker 3: fully don't even understand ourselves. 217 00:11:33,559 --> 00:11:37,680 Speaker 2: And maybe that didn't work for other people. Yeah, you 218 00:11:37,720 --> 00:11:38,440 Speaker 2: can hold. 219 00:11:38,240 --> 00:11:41,040 Speaker 6: On to like So, if you're an entrepreneur and you 220 00:11:41,160 --> 00:11:44,160 Speaker 6: sell to or have an angel invest, there needs to 221 00:11:44,200 --> 00:11:46,160 Speaker 6: be room for the angel to invest and take it 222 00:11:46,200 --> 00:11:46,680 Speaker 6: to venture. 223 00:11:47,040 --> 00:11:48,319 Speaker 2: Venture needs to be able to take it to. 224 00:11:48,280 --> 00:11:50,920 Speaker 6: Private equity or go public once the IPOs It needs 225 00:11:50,960 --> 00:11:53,400 Speaker 6: to be room for the retail investor to have room 226 00:11:53,440 --> 00:11:54,000 Speaker 6: for it to grow. 227 00:11:54,080 --> 00:11:55,640 Speaker 2: Also, you should know what that multiple is. 228 00:11:55,960 --> 00:11:58,360 Speaker 6: So if I take Randpanda and sell it to Schwab 229 00:11:58,840 --> 00:12:01,839 Speaker 6: for two and a half, I need to know how 230 00:12:01,880 --> 00:12:04,080 Speaker 6: long it take them to get to a multiple sixteen 231 00:12:04,400 --> 00:12:06,800 Speaker 6: for it to be worth it in a down economic 232 00:12:06,880 --> 00:12:08,600 Speaker 6: environment over a four or five year period. 233 00:12:09,040 --> 00:12:10,480 Speaker 2: Otherwise no deal. 234 00:12:11,840 --> 00:12:15,640 Speaker 6: That's why you have to study every market, every swath 235 00:12:15,679 --> 00:12:18,320 Speaker 6: of investor, whether it's small, large. 236 00:12:18,040 --> 00:12:18,800 Speaker 2: Private equity. 237 00:12:18,960 --> 00:12:21,800 Speaker 6: And that's why if you come to market mondays or investment, 238 00:12:21,800 --> 00:12:23,640 Speaker 6: that's like you need to listen to all the not 239 00:12:23,760 --> 00:12:25,640 Speaker 6: just if you're in real estate, you need to listen 240 00:12:25,640 --> 00:12:28,080 Speaker 6: to more of the private equity and publicly traded side. 241 00:12:28,080 --> 00:12:29,360 Speaker 6: If you're in stocks, you need to go listen to 242 00:12:29,440 --> 00:12:32,600 Speaker 6: pe in venture and media because you need to. Even 243 00:12:32,600 --> 00:12:34,480 Speaker 6: when we talk about celebrities, a lot of times people 244 00:12:34,679 --> 00:12:37,880 Speaker 6: say why the celebrity is also the marketing engine for 245 00:12:38,000 --> 00:12:40,400 Speaker 6: the company for it to go public. Going back to Diddy, 246 00:12:40,559 --> 00:12:43,559 Speaker 6: there's no way in hell they shouldn't have offered him 247 00:12:43,679 --> 00:12:46,160 Speaker 6: equity and they're offering him royalty on products. But when 248 00:12:46,280 --> 00:12:48,120 Speaker 6: Jay said I wanted to buy this to one point 249 00:12:48,160 --> 00:12:50,520 Speaker 6: five after they said it was one point five. 250 00:12:50,840 --> 00:12:51,920 Speaker 2: Why wouldn't you sell it? 251 00:12:52,120 --> 00:12:55,360 Speaker 6: Because it is worth way more and you don't want 252 00:12:55,440 --> 00:12:57,400 Speaker 6: him to get control and interest. But if you're not 253 00:12:57,960 --> 00:13:01,000 Speaker 6: having these conversations in your own reading the headlines on 254 00:13:01,040 --> 00:13:03,559 Speaker 6: Instagram and Twitter, it may not make sense. 255 00:13:04,000 --> 00:13:06,440 Speaker 2: It's been you want to talk Ponzi schemes. 256 00:13:06,800 --> 00:13:09,520 Speaker 6: That entire liquor market and how they've been using us 257 00:13:09,520 --> 00:13:12,720 Speaker 6: for branded and marketing for the last thirty years is 258 00:13:12,800 --> 00:13:16,440 Speaker 6: fucking egregious. No one would have been buying that product 259 00:13:16,480 --> 00:13:17,640 Speaker 6: if it wasn't for Diddy. 260 00:13:17,640 --> 00:13:20,079 Speaker 7: M And I mean the part that people got to 261 00:13:20,120 --> 00:13:21,760 Speaker 7: realize is that the amount of time that it took 262 00:13:21,800 --> 00:13:23,719 Speaker 7: for him to even get to that point, Right, he's 263 00:13:23,760 --> 00:13:26,520 Speaker 7: been trying to have his own spirits for twenty years. 264 00:13:26,679 --> 00:13:28,559 Speaker 7: Like we're watching it over the past ten like this 265 00:13:28,600 --> 00:13:30,760 Speaker 7: is great, Like we started seeing those so rock commercials 266 00:13:30,800 --> 00:13:32,720 Speaker 7: and maybe in O eight on nine when he's you know, 267 00:13:32,760 --> 00:13:33,760 Speaker 7: they're doing the Oceans eleven. 268 00:13:33,800 --> 00:13:34,600 Speaker 5: That's O eight on nine. 269 00:13:34,600 --> 00:13:37,960 Speaker 7: But like he's fighting that since the early two thousand, right, 270 00:13:38,040 --> 00:13:41,080 Speaker 7: And what he's fighting for is not just for himself, 271 00:13:41,559 --> 00:13:43,920 Speaker 7: it's for what's coming after that, for the next person 272 00:13:43,960 --> 00:13:45,319 Speaker 7: who wants to have their own spirits. 273 00:13:45,400 --> 00:13:47,160 Speaker 5: Right, So you're not gonna you're not. 274 00:13:47,160 --> 00:13:50,240 Speaker 7: Just gonna treat him away and set a bar in 275 00:13:50,280 --> 00:13:53,160 Speaker 7: a standard for everybody that comes behind him. He's trying 276 00:13:53,200 --> 00:13:56,200 Speaker 7: to make sure that everybody makes profit and makes it 277 00:13:56,320 --> 00:13:59,480 Speaker 7: a situation that it benefits both parties, not just the 278 00:13:59,520 --> 00:13:59,960 Speaker 7: one side. 279 00:14:00,120 --> 00:14:00,960 Speaker 5: And that's what we've seen. 280 00:14:01,000 --> 00:14:05,439 Speaker 6: So once again, these companies like hedge funds are owned 281 00:14:05,440 --> 00:14:08,640 Speaker 6: by small families. Yeah, and often they won't let other 282 00:14:08,720 --> 00:14:10,880 Speaker 6: families and of a certain hue. And we have to 283 00:14:10,920 --> 00:14:13,560 Speaker 6: have a coalition to figure out away how to be 284 00:14:13,720 --> 00:14:15,080 Speaker 6: able to do so. 285 00:14:16,120 --> 00:14:17,960 Speaker 7: And still we brought up the Asia when we would 286 00:14:18,040 --> 00:14:20,040 Speaker 7: and market money is live in London, right, we're gonna 287 00:14:20,040 --> 00:14:22,000 Speaker 7: be talking about company and we talked about over the 288 00:14:22,000 --> 00:14:24,200 Speaker 7: percent since nineteen ninety three has been up twelve hundred. 289 00:14:25,120 --> 00:14:28,880 Speaker 7: Has a lot to do, say the marketing from people 290 00:14:28,920 --> 00:14:29,560 Speaker 7: from our culture. 291 00:14:30,440 --> 00:14:33,000 Speaker 4: Oh well, mind to the situation. 292 00:14:34,800 --> 00:14:40,040 Speaker 3: My graduates from my school being forced back drop bag drop, 293 00:14:40,680 --> 00:14:43,120 Speaker 3: Mike drop back drop drop. 294 00:14:53,440 --> 00:14:57,040 Speaker 1: An illegal alien from Guatemala charged with raping a child 295 00:14:57,120 --> 00:15:00,920 Speaker 1: in Massachusetts. An MS thirteen gang member from Al Salvador 296 00:15:01,160 --> 00:15:05,280 Speaker 1: accused of murdering a Texas man of Venezuelan charged with 297 00:15:05,360 --> 00:15:09,280 Speaker 1: filming and selling child pornography in Michigan. These are just 298 00:15:09,360 --> 00:15:13,120 Speaker 1: some of the heinous migrant criminals caught because of President 299 00:15:13,160 --> 00:15:16,760 Speaker 1: Donald J. Trump's leadership. I'm Christy nom the United States 300 00:15:16,760 --> 00:15:21,560 Speaker 1: Secretary of Homeland Security. Under President Trump, attempted illegal border 301 00:15:21,600 --> 00:15:25,120 Speaker 1: crossings are at the lowest levels ever recorded, and over 302 00:15:25,200 --> 00:15:28,400 Speaker 1: one hundred thousand illegal aliens have been arrested. If you 303 00:15:28,480 --> 00:15:32,360 Speaker 1: are here illegally, your next you will be fined nearly 304 00:15:32,440 --> 00:15:36,440 Speaker 1: one thousand dollars a day, imprisoned, and deported. You will 305 00:15:36,480 --> 00:15:40,120 Speaker 1: never return. But if you register using our CBP home 306 00:15:40,160 --> 00:15:43,560 Speaker 1: app and leave now, you could be allowed to return legally. 307 00:15:43,920 --> 00:15:48,640 Speaker 1: Do what's right. Leave now. Under President Trump, America's laws, 308 00:15:48,840 --> 00:15:51,280 Speaker 1: border and families will be protected. 309 00:15:51,360 --> 00:15:53,520 Speaker 2: Sponsored by the United States Department of Homeland Security.