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#46 I Love Capitalism: An American Story
Founders
Investing - I'm Not Going to Waste Any Time
He found Kenner products, a company that was planning to do an IPO. The firm he's working for has no standard set of procedures how to bring it in. And so he sells them on the idea of letting him sell $5 million bonds. If this deal goes through, he would net $100,000 from the deal. But the firm he's Working for would net $ 100,000 fromthe deal. So it's not a normal, what he's doing is brand new.
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