Derek Capo

But these things just kept on losing.

I mean, people were shorting in 2006 and they just lost tons of money.

Not this fund specifically, but people in general.

Yep.

Yeah, well, you couldn't make such a big, bold move in 2006 when you'd have to wait it out for like literally almost two years.

Yeah, yeah, makes sense.

Actually, so the fintech startup is actually what I'm doing now.

But when I went to China, I was to study Chinese, study Chinese for a year.

And then I basically started a study abroad business.

The study abroad business was to help foreigners go to China to study Chinese, do internships and teach English.

And I did that.

I'm still kind of doing that for about seven something years.

Uh, so not that much.

It was actually a few hundred thousand dollars, but then, uh, in cumulative, we did about $2.4 million over seven years.

Yeah.

Well, seven years.

300, more than 300.

So yeah, our business was pretty simple.

It was basically, you know, we'd help you set up, go to the university.

If you want to study Chinese, you know, we'd have clients that were from 12 years old to like six years old.