Just kind of give the stats and what it's going into and what and what investors who might be considering this find out about this fund.

Yeah, so on KUDO, what we do there is we lend working capital to small businesses.

So average funding amount is call it 90K, give or take.

These are all factoring, so merchant cash advances.

What we're doing there effectively is we're buying their future revenue at a discount.

So maybe we're buying 6% to 10% of their revenue for the next 10 months of time to go give them really quick funding.

So the money is expensive, but you can look at it of a net number.

What's that all about?

Why don't you talk about what you're working on right now?

Yeah.

So, you know, when I first started in this space, I got into like most people.

I went out and started buying single family homes.

You know, I first got into sales.

In sales, you quickly can jump up your income.

Like I think I went from making $37,000 one year to a half million in like three or four years.

How did you land on that? Were you doing kind of everything before? How'd you get there?

What drove you towards a strategy like that?

Yeah, so what I found was that I didn't have a desire to go build a massive real estate portfolio.

Like I know a good mutual friend of ours, Rob, right? Like I didn't have a desire to go build that business myself.

Great business, right? They'll do really well.

But for me, not a business I wanted to go pursue.

And, you know, I realized, okay, there's...

in my opinion, ways I can differentiate myself in this space.

How do you think about managing that, what I just outlined, and then the relationship implication of what that might mean?

you got to sell

knowing sales is the lifeblood of any organization right if you have a great idea a great operation you have to be able to go sell otherwise there's no revenue coming in So I was in sales for a while, and in sales is a great path because it's meritocracy.

So what that means is that if I perform well, I can make more money really quickly.

So my income doubled every year for a handful of years.

In turn, I got into real estate in terms of buying single family homes.

And I was going one by one.

And what I realized quickly, at least for me, was that the operational lift to go do each single family home to go make two or three hundred dollars a month per home was a big tradeoff relative to what I can earn in my day job.

Talk about what's the why? What's the push?

What are your thoughts on that?

So there is a concentrated pool of skilled bagel makers that exist in New York City and very few other places, and this is a craft that's been passed down from generation to generation, back from the days of the Bagel Bakers Union, Local 338, which was established in the early 1900s to standardize and promote the craft.

Uh, many of the bagel rollers in New York, in the city, can trace their bagel knowledge and skills directly back to the Local 338, and they're freelancers that will move around from shop to shop to shop, uh, in the five boroughs to make all these amazing bagels.

They don't tend to spend much time in Westchester or outside the city.

What say you?

So Apollo is the hottest, trendiest shop in New York City.

They do a sourdough bagel, markedly different from the traditional yeasted New York bagel that we know and love.

Uh, and importantly, they serve it open-faced.