Quote SitnonDfence wrote: View Post
Who is gonna bankroll a 19 year old kid 1.9 million dollars?
Larry Tanenbaum's bankers. Likely interest free or at some nominal rate. In exchange for handling JV's business going forward. Also, as a favour to ol' Larry. That's how stuff like this usually works. I suspect other firms would also be happy to lend $1.9m to a person who is guaranteed, what, like $10mm dollars over the next 4 years? More? This isn't like lending money to 19-year old making $7/hour.