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Mohammed asked 3 years ago

I’d like to order some foreign currency long term loan in mo I think investing in a restaurant is much more of a lifestyle type of decision. We’ve invested in half a dozen restaurants, maybe more. Maybe close to a dozen restaurants and on the portfolio of investments we’ve made we will get our money back. But that’s not why we’re investing in the restaurant. We’re investing in the restaurant because we believe in the chef or we believe in the operator or they’re opening in our neighborhood and we want them to open in our neighborhood and we will be great customers. It’s a lifestyle investment. The founders of Kickstarter always say Kickstarter is so people can help make the things they want to see in the world exist. It’s an example of that. It would be irrational of us to do it if we knew we were going to lose money but if we do it across a diversified portfolio of investments and we’ve gotten our money back on a few already, and we’re close to getting our money back on a few others, so I have a fairly high degree of confidence that on the bucket of them we’ll get our money back but the financial returns are not going to be the same as the venture business. There are other kinds of returns, karmic returns or whatever you want to call them, that are quite substantial.
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