By the way, the richest people have companies worth over double your company. You should have gone for higher, as long as the company hasn't sold all assets for you then you do not own the money and you are not the richet.
Exactly what I was thinking... But if you think about it, technically you cannot have unlimited money here as neither can you have infinite shares, nor can you sell any individual share for infinity, and definitely not both together. So Unlimited Money Limited sounds about right. Also, it could be that the name "Money Un" was already registered... So there's that.
@@brandonnitro4029 Nah bro really, bro it’s understandable if bro doesn’t like being called bro but bro you come down to the comments and bro that already your first mistake bro then bro says he’s tired of bro’s calling each other “bro’s” like bro who are you to telling bro what bro can or cannot say bro it’s rude bro. Hope bro learns that bro isn’t a Anomaly cause bro we’re all stuck on this planet 🌎 together bro, not saying bro’s special or not just saying bro needs to know cause bros might think bro is trying to be a rude guy my guy but bro you don’t need to be that guy my guy you’re probably a cool guy my guy no need to send bro hate you know and if you know you know…you know
Kind of the stock market since forever. That was the problem in 1929. Don't blame it on the people buying stocks on credit, the issue was companies issuing too many stocks. And the issue persists, where technically almost every corporation is a major owner of its own stock
@@brandondavidson4085 that’s not really what the video is about tho. This guy created a fake company and sold shares to try and make money in public offering. That’s was the 90’s tech bubble. People making internet companies and declaring they are worth $5milliom dollars when they have no earnings at all. That’s different from the 1929 crash which was a simple over inflation of stock prices due to cheap credit put in place by the federal reserve which allowed riskless speculation. Same situation we are in now technically.
At the end of the day that's economy in a nutshell. Rich can equal poor. Poor can equal rich. The line is very blurred. Money is such a weird concept lol.
He did give back the 50 when he shut down the company. It kinda reminds me of the fairy tale where a golden fish gave a man and his wife three wishes, but over the course of the three wishes, they canceled each other out and were left off exactly how they were beforehand.
I wondered about that - turns out she's a Wallstreet lawyer and she will sue him for everything he has because he shut down the company without asking the outstanding investors.
Mainly just the valuations part of finance. Every time a business magazine puts out a story about the richest companies and richest people and order by valuation, I now have a video to link to instead of having to explain all this every time. His non-short version of this video doesn't cover everything, but it does enough to demonstrate what I want whenever someone says something dumb about valuations
@@BOLDnorth072709 It's not tho, many companies with publicly traded shares don't base their value on 1 person buying their share at 50£ and extrapolating from there. Unless it's heavily influenced by a founder, highly unlikely that the company leadership will own more than 10%. So more than 90% of their shares have been at some point traded near that point or up to the market valuation. Google, Facebook and Apple buy plenty of companies on their face value market cap. Elon Musk bought Twitter at a per share price a bit higher than the market. So on and so on.
@@farhanaditya2647 If someone buys a share at $50, that assigns a value of $50 to _all_ of the issued shares. It's _very_ much a technicality. Think of it like this - if I sell a printout of a painting I made for $5, and then make 1000 copies of it, I _technically_ have $5,000 worth of paintings. Even though I'd never actually see any of that money.
He didn’t inflate it due to the company being worth 500 billion but they wasn’t any 500 billion printed out in cash meaning on paper he had the money but in actuality he has nothing
Max is the type of guy to work up the ranks in the criminal underworld just to change the name of the Mafia to something goofy like "The Peachy Blinders"
Pressure politics If he took out a loan on 500 billion he would be busted But if he took a loan for less then 10M it's all good according to UCC so long as he makes a remittance on that money, discharges the debt or pays it off 🤷♂️ Money is more of an idea, so "stealing" isent stealing from the bank, unless you never intended to participate in the market Then it's illegal
If he made a working LLC, taxable income With a small "fraudulent" loan. But paid it off The government is happier with the tax revenue then shutting the business down. Till he breaks a serious law
*could POTENTIALLY be a serious crime. Said "paper pusher" had little info. about the "company" and therefore didn't know for sure if it was fraudulent/a scam, just that it was very likely to be investigated and get into legal trouble...
@@daniflorin5350 bcs I'm not english fluent, that explains everything 🥰. Yeah I meant "in despair", but I dont knew that it makes less sense without the "in", now that I read my comment I can see why, but when I wrote it I dont noticed
Doesn't make sense. It's a load of fake nonsense. For simplistic sake, if you had a car worth £10,000 and five people paid each £2,000. Equaling five shares. For some reason this individual is saying that since everyone has a share in the car that is worth £10,000, that it is now somehow worth £50,000. 10,000,000,000 shares of £50 = £0.000000005 per share. Price of a share is calculated by the value of the company. If the man sold a share of his company for £50 using company accounts, then the company is worth £50. A company's value and the value of it's shares is determined by it's assets and it's projected share price, not the actual share price. It's like a car company who is selling a car priced 100 gajillion pounds, and thus valuing it's company as such, it is indeed fraud, but definitely not legitimate. The fact everyone is passing this off as legitimate: worries me about the intelligence of mankind.
@@SCARRIOR Your math is way off on this. If there are 5 shares worth £2,000 each, then the car is worth 5 x £2,000 = £10,000. Same with the company, if there are 10,000,000,000 shares worth £50 each then it’s worth 10,000,000,000 x £50 = £500,000,000,000. What you seem to be missing is the lady didn’t purchase every share, she only purchased one. The iffy part about this is claiming that every share is worth £50 just because one share was purchased for that amount. However, the valuation advisor did agree that the projected value of each share could be set to £50 because of that purchase. Of course, this is in fact obvious fraud, a fact absolutely nobody argued with. But technically it’s legit until someone shuts it down, whether it’s the government or the guy himself lol.
@@SCARRIOR dude before you make such statements, make sure you pass the 6th grade. 10 bln shares with 50 pounds per share are infact 500bln in shares. 5 ppl paying 2k are 10k, where are your 50k coming from? are you drunk?
I love this guy! He hired a private investigator to follow him around , then hired another private investigator to follow around the private investigator who was following him around 🤣
No, this one is different from other youtubers. I kind of like him as he makes impossible things possible sometimes. You should see his content nothing like the usual youtubers. He is quite a legend in his works.
![เปิดบ้านสุดหรู "เเจ็ค the ghost" ลั่นถ้าป๋องกพลลำบากผมเลี้ยงเอง!! l [Nickynachat]](http://i.ytimg.com/vi/1xbW4vULqGc/mqdefault.jpg)
Watch the full vid here: th-cam.com/video/iHfJRON3b-w/w-d-xo.html
First reply
max fosh is the best
By the way, the richest people have companies worth over double your company. You should have gone for higher, as long as the company hasn't sold all assets for you then you do not own the money and you are not the richet.
Wtf
Question, did you pay her back?
He should have named the company
Money Un so he can call it as
Money Un Limited
idk why I thought of Kim Jong Un Limited after seeing this
Exactly what I was thinking... But if you think about it, technically you cannot have unlimited money here as neither can you have infinite shares, nor can you sell any individual share for infinity, and definitely not both together. So Unlimited Money Limited sounds about right. Also, it could be that the name "Money Un" was already registered... So there's that.
@@NK47k you know why
Why
ÜN ÜN ÜN
Elon looks up from his desk,
"must have been the wind..."
Mission accomplished, Gave me a good laugh 😂
I mean that is pretty much his way to make money 😅
It's not Elon since quite some time it's Français Bernard Arnault
Not any more with Tesla stock dropping by a little under 8%(outdated)
Bayek!
Bros side quests are crazy 💀
Your pro File Picture ☠️
@@ayman8548 never seen Texas flag?
@@ayman8548whats wrong with that
@@ayman8548 I love Texas what can I say lol
@@Lonestarman7188 ok
“How to owe 250 billion in income tax”
There's no such thing as Income Tax 🗿
@theinfamoustucodepends where you are, im in the U.S and theres no income tax
It's unrealized gains until actually sold
Even in the USA you wouldn't pay income tax unless you sell your shares.
Income tax doesnt apply to unsold stocks and bonds
Silliest fraud case in the world
1K LIKES 0 replies
@@antonjust 1 reply*
@@AlbertaFireSpotter 2 reply*
@@howtoplayroblox1236*3 reply btw this is 4 reply
Max is a silly little critter if there ever was one.
Jeff Bezos felt a disturbance in the cash flow for a moment
like a disturbance in the force 😂
@@lewfarkyy bruh just explained the joke lmao
@@lewfarkyy 😐
@@lewfarkyy 😐
like a million shares cried out and suddenly were silenced
"Eventually, I found Hope"
*Hope proceeds to enter stage right*
😂😂😂
“ For 7 minutes”
*mails something
Mail takes 1-3 business days to arrive
After he got the confirmation he was the richest man in the world, it took him 7 minutes to shut down his company.
Being so critical of something you haven't a clue of 😂
@@lemmedie98It was a joke..... Have you ever enjoyed humor in your life?
@@parkernicholls4216 I thought jokes were supposed to be funny, guess I was wrong.
@@extrage3061 ooooo, BURN. You showed me! Damn, that was clever! 🙄
"Ferb, I know what we're doing today"
There’s a hundred and four days
@@sharkawy1998 in summer vacation
And school comes along, just to have ended
So the annual problem for our generation
Mom, phineas and ferb doin something crazy at backyard
this is the type of guy to make a black hole for 5 minutes
😂 That is possible. I've seen it in The Flash!
"I created a black hole for 5 minutes and nearly got in trouble for it!! (gone wrong)"
lol because all it would take is 5 mins.
@@ahmed1261ae It wasn't for 5 minutes, it was IN 5 minutes, and from random shit from a junkyard.
Regular show behavior lmao
He's the literal embodiment of that unemployed friend at 4:17 pm on a tuesday
Pyshichs teacher:It’s psychics lesson!!
Max Fosh:What’s psychics
What
Pyshichs is wild 😭😭
Did you mean physics? psychics?
@@prodpho3nix bro wth is this guy trying to say
I’d frame that piece of paper 😂
2.5k likes and no comment? Lemme fix that.
Same like imagine getting a company worth 500b
@@The_Patriot473 i corect you: 8739 likes and only two coments lemmy fix that
@@minecraftletsplayer04458 let me correct you 9000 likes and 3 comments let me fix that
@@ahmedgadad5405 doesn’t fix anything
Bro has the cleanest resume
I'm sick and tired of these bro comments
@@brandonnitro4029 cool story bro
@@brandonnitro4029sick and tired of these monkey biting comments on this monkey biting comment section.
@@brandonnitro4029 Nah bro really, bro it’s understandable if bro doesn’t like being called bro but bro you come down to the comments and bro that already your first mistake bro then bro says he’s tired of bro’s calling each other “bro’s” like bro who are you to telling bro what bro can or cannot say bro it’s rude bro.
Hope bro learns that bro isn’t a Anomaly cause bro we’re all stuck on this planet 🌎 together bro, not saying bro’s special or not just saying bro needs to know cause bros might think bro is trying to be a rude guy my guy but bro you don’t need to be that guy my guy you’re probably a cool guy my guy no need to send bro hate you know and if you know you know…you know
@@brandonnitro4029 nobody cares bro
Whenever max says "Technically I became..." At the start of a video you know its gonna be a banger
When are the devs gonna nerf this dude 💀
it dont actually work like this blud
They nerfed your mom
Resume: “Temporarily owned and directed a multi-hundred Billion dollar startup and exited while at peak evaluation.”
You're a genius!
This is why taxes and US dollar is a scam
"How long do you mean by *temporarily?"*
"Se-seven minutes"
"Huh?!"
"Yeah."
@@Qwty163 "...so when can I start this job?" lol
Linkedin Bio
You just explained the us stock market in the 90’s
@Noxti! Ukrainian stock market
@@Noxti haha exactly
Kind of the stock market since forever. That was the problem in 1929. Don't blame it on the people buying stocks on credit, the issue was companies issuing too many stocks. And the issue persists, where technically almost every corporation is a major owner of its own stock
@@brandondavidson4085 that’s not really what the video is about tho. This guy created a fake company and sold shares to try and make money in public offering. That’s was the 90’s tech bubble. People making internet companies and declaring they are worth $5milliom dollars when they have no earnings at all. That’s different from the 1929 crash which was a simple over inflation of stock prices due to cheap credit put in place by the federal reserve which allowed riskless speculation. Same situation we are in now technically.
Or the federal reserve now LOL
He needed hope and found hope-💀
love the end to start transition tho, nearly watched it twice without realising
He went from richest to most wanted real quick
should have gone for third richest.
At the end of the day that's economy in a nutshell. Rich can equal poor. Poor can equal rich. The line is very blurred. Money is such a weird concept lol.
I don’t think it’s illegal idk tough
He was never the richest
Google Jacob Rothschild’s net worth
Eeeee
Bro did the unlimited money glitch irl
That's what he should've named the company "unlimited money glitch" 😂
Except he didn't… A £500B estimated value =/= £500B value…
@@louisrobitaille5810 🤓
@@louisrobitaille5810 🤓 (chain)
@@louisrobitaille5810 🤓
Bro's dad lore boutta be crazy
Max got the most insane dad lore.
When the country’s net worth spikes up for 7 minutes
gdp**
edp***
*OPP
Bruuuuh said the _countries_ “net worth” 😂😭😂😭
@@gkrees9509 country's*
Max Fosh is the kind of person to attempt to be the legal world ruler for a short period of time.
Don’t give him ideas
@@Jendaga i totally agree, dont give this british man any ideas
@@Nimpp and that's why my friend always said "fucking hypobrits" 💀
@@spideycoolguy2178 💀
And succeed.
England's most famous con artist
Your honor, my client pleads "Just being a lil silly"
bro has the best resume now. "I once owned a $500b company 😆
Or worst. Note the "once owned".
sir this is mcdonalds
£
@iotku no he sold 1 share for 50$ and commitment fraud 💀
Okay yeah and what happened
she lost 50 quid but became the only investor of the richest man's company 😂
He did give back the 50 when he shut down the company.
It kinda reminds me of the fairy tale where a golden fish gave a man and his wife three wishes, but over the course of the three wishes, they canceled each other out and were left off exactly how they were beforehand.
Haha
"I invested in a company that closed with a valuation of 50billion pounds."
Use it to get a job in the share market lol
@@Incrementium *500billion
I wondered about that - turns out she's a Wallstreet lawyer and she will sue him for everything he has because he shut down the company without asking the outstanding investors.
Max fox in the future " I technically bought the earth for 5 minutes"
The girl is only the one who give Fosh a hope
Bro has cracked the matrix 💀
It’s just embezzlement
@@freddy7304 what
@@WolfyRed google it
@@WolfyRed embezzlement, a federal crime
@@freddy7304 this is not embezzlement lmao
Homeboy single handedly added 500 billion to the British economy in record time.
😂😂😂😂😂
It has nothing to do with the economy. )
@@mrbasfed1948 its pun intended😋
"Homeboy" 🤓
so, u have just legally stolen 50 quid
Pile 3 hail the nail on the head
Its like you just gave me a tldr on everything going on in my love life
bro takes every side quest and never progresses
Billionaires been real quiet since this came out
Those fucking pussies
@Rit Very silent
i wonder when this will get patched
@@RealMoai incredibly mute
@@seanycuts7644 Damn, took the most common word: incredibly. But I have:
Absurdly noiseless
He LITERALLY found hope
Yes I liked my own comment
@@IanCYC😂😂
Same.
And again.
Okay, that‘s enough.
Bro's got the biggest buck list ever 💀
That short tie is the cherry on top 😂
max really woke up that day and said “I’m gonna be the richest man in the world for 7 minutes”
*history
@CollabGaming5850 I thought it was like 400b whoops
@CollabGaming5850not I dollars but in goods
@CollabGaming5850genghis khan had 100 trillion
@@billszodiacno LOL the richest man ever had 400 billion dollars bro really said 100 trillion
The best part of this video is that it makes you realize how extremely theoretical and speculative our modern idea of wealth really is.
Mainly just the valuations part of finance. Every time a business magazine puts out a story about the richest companies and richest people and order by valuation, I now have a video to link to instead of having to explain all this every time. His non-short version of this video doesn't cover everything, but it does enough to demonstrate what I want whenever someone says something dumb about valuations
He didn’t have liquidity, no one was willing to pay £50 for the rest of the company, so it wasn’t really worth what he was claiming…
@@lopadova_ That's a good description of many existing corporations with million-dollar-plus valuations today... and thus the point...
Hell, not even cash is backed my Gold or any sort of real world valuable any more.
Money hold value *solely* because we trust that it does.
@@BOLDnorth072709 It's not tho, many companies with publicly traded shares don't base their value on 1 person buying their share at 50£ and extrapolating from there. Unless it's heavily influenced by a founder, highly unlikely that the company leadership will own more than 10%. So more than 90% of their shares have been at some point traded near that point or up to the market valuation.
Google, Facebook and Apple buy plenty of companies on their face value market cap. Elon Musk bought Twitter at a per share price a bit higher than the market. So on and so on.
Why is bro completing all the achievements 💀
This was the first max fosh video i watched
That one unemployed friend on a Tuesday.
^ underrated comment
@@mell_mania😆 agreed! 😆
He doesn't need to be employed anymore
😂😂😂😂
😂😂😂😂😂😂😂😂😂
"So, what is your proudest moment?"
"I was the richest man in the world for 7 entire minutes"
Im pretty sure that's what he said.
🔥🔥🔥🔥
That is a good flex
7 minute in heaven
Best father lore ever
bros dad lore is going to be crazy
Jokes aside, this honestly is a legitimately good way to explain the difference between cost and value in finance.
Hi
@@khj15mar77 やれやれだぜ
I can't even understand the video. How does her buying a share triple the total shares into 500 billion?
@@farhanaditya2647 If someone buys a share at $50, that assigns a value of $50 to _all_ of the issued shares.
It's _very_ much a technicality. Think of it like this - if I sell a printout of a painting I made for $5, and then make 1000 copies of it, I _technically_ have $5,000 worth of paintings. Even though I'd never actually see any of that money.
@@hunterfaima8023 bro thinks he Jotaro
That lady sure invested wisely
lmao
the company is shut down lmao
He could do a stock buy-back.
On the one hand she's out 50 quid, on the other hand, for about a day she was the majority shareholder of the richest company in the world XD
@@z-beeblebrox you know nothing of share holding do you ? The unsold remains with the guy so he's still the majority stake holder
silly max, always getting into legal trouble
That girl for sure got her money back i hope
Man almost gave up, then he found Hope. He literally Found Hope.
Been there, done that but I found freedom and my chains were broken in Christ! Thank God for me being born again by His grace alone! Amen!✝️
"what's your fundraising strategy?" "oh I'm totally relying on Hope"
@@tedtod4489 jeez man its a joke
Finally a “literally” being used in the correct context! 🙌🏻
@@Aloverofthefinerartz No no, he’s got a point
Bro single handedly inflated UK’s economy
He didn’t inflate it due to the company being worth 500 billion but they wasn’t any 500 billion printed out in cash meaning on paper he had the money but in actuality he has nothing
@@TH-camWealth114bro didn't get the joke💀
@@Careditinghubsilence lil bro
@@Careditinghub If the joke makes absolutely no sense and isn't related to the vid it is not funny so alot of ppl wont get it
@@TH-camWealth114cause they want to make/already made (idk) money digital in the uk
A bunch of people:
This is imposible!
Max Fosh:
Nuh uh
I love how he always does something dumb like *I blew up a house and then says and almost got into a lot of trouble
When this guy was born, he congratulated his mother and drove her home.
Damn son, U smooth
Santa sits on his lap.
He sleeps under the monsters bed
@@namhii1358 😍
Oh my god this is the hardest I've laughed in a while. You're a poet.
Max is the type of guy to work up the ranks in the criminal underworld just to change the name of the Mafia to something goofy like "The Peachy Blinders"
Dont give him any ideas
@@joematthews8221 best if we don't talk about it
So funny
Dr. Pepper, we advise you to change your name and profile, as they might be revealing to the sites existence. Or lack there of.
@@O5-1_ SCP-001 has breached containment.
He always gets in trouble...😂😂😂
this guy has the best dad lore i’ve seen in a while
I love that some poor paper pusher looked at what you were doing, agreed with you, then noted that its a very serious crime if you kept it up.
Pressure politics
If he took out a loan on 500 billion he would be busted
But if he took a loan for less then 10M it's all good according to UCC so long as he makes a remittance on that money, discharges the debt or pays it off 🤷♂️
Money is more of an idea, so "stealing" isent stealing from the bank, unless you never intended to participate in the market
Then it's illegal
If he made a working LLC, taxable income
With a small "fraudulent" loan. But paid it off
The government is happier with the tax revenue then shutting the business down. Till he breaks a serious law
Exactly how billionaires are treated by government 😅
*could POTENTIALLY be a serious crime. Said "paper pusher" had little info. about the "company" and therefore didn't know for sure if it was fraudulent/a scam, just that it was very likely to be investigated and get into legal trouble...
@@donovanulrich348 good to know. haha
The best story to tell your kids: "I was the richest man for 7 minutes"
And boy will he have many stories for his grandchildren too
How I wasted my potential for TH-cam likes
Nah because if I was a kid hearing that, I’d ask for a bigger allowance
@@nekkoskrilla6750 Jesus saves
@@nekkoskrilla6750 How I got an occupation where I get paid to do silly things on camera.
he’s gonna have so much stories to tell the grandkids 😂
Man’s going for the unlock all categories achievement
FREE YOUNG THUG 🗣️💯💯🔥🔥🔥🔥
you cant shut down a firm without shareholders agreement, so he bought it back
@@skuggu4514 she only bought a tiny fraction of the shares. He only needs 75% of the shares to make such a decision an he has more than 99%
She was a fan for sure
He now has to repeat 10 billion times amd he'll reach 500b
Facts 😂😂
You forgot to say “Don’t try this at home.” And I am now wanted by the IRS
Atleast you got 500b pounds company
i'd say its wprth it
HMRC is the UK for those wondering its his majesties revenue and customs
@@just_a_dead_dude you cant sell it because no one would buy a useless company
Wat did u do!?
Looks like someone was in trouble
Bro commited an "Opsss!" In economy...
Bros dad lore will be crazy
Bro just took Hope's 50$ and skidaddled
And the fact that her name was “Hope” 😂
I think it was all on paper like “I, Hope, agree to purchase 1 share for 50” and no money actually exchanged hands
Haven’t heard the word skidaddled in a long time
Never realized he was chill like that
He did refund her
him: i found hope
me: woohoo
him: here’s hope
me: .
What
What
What
What
What
Factsmoss really said "i becamethe worlds richist man" calmly😂😂😂
Max 2 days later : I became the dictator of the world for 53 seconds
Bro speedran billionaires
💀 underrated comment
@@kentheengineer592thx
Bro failed 3rd grade grammar
Yea lol
@@omhh1986 My apologies, english isn’t my native language so I sometimes I lack of grammar.
That fact that he read the paper and completely deleted the company in 7 minutes just show us how in despair he was
Do you mean “desperate?”
@@Pinebox-vo9te no, he means in despair...
@@RG-bv7ec if he means that why didnt he add an "in"?
@@daniflorin5350 bcs I'm not english fluent, that explains everything 🥰.
Yeah I meant "in despair", but I dont knew that it makes less sense without the "in", now that I read my comment I can see why, but when I wrote it I dont noticed
@@Harry_crypto_investor3634 "don't knew"
This is basically how most people lost money in crypto
yoo gaurichess!
Take a shot everytime someone says
"Bro is doing every sidequest 💀" on a max fosh video
found an actual person named Hope, I'm dead
Hi dead, I'm dad
I know someone called peculiar
@@shambosaha9727Hi dad I’m cousin
I know someone whos name is hope
@@shambosaha9727 nope you're Shambo not dad
im gonna do the same for 51 pounds
:O he gonna be richer than mr youtube man for a short time also
I'm gonna do the same with 69 pounds(I become one with god)
@@DogeSargeant i will do one for 420 pounds
500 £
@@troller8574 I HAVE THE GODLY 21 POUNDS
Next eps: I became the very first super saiyan
I wonder what would happen if Max Fosh and Mark Rober come together
So they just like lost £50
No he returned the money ( watch the full vid)
@@KalebPrentice he uploaded it a while ago
Edit: Wow 217 likes I’ve never gotten this much
@@KalebPrentice came out months ago
@@KalebPrentice tf it’s just a bit older
@@KalebPrentice he might have deleted the vid cuz I saw it a long time ago
I love how it felt like they said “okay gg well played fun times and all but do cut that shit out immediately” 😂
Elon: “I sense a disturbance in the force”
bros in camden square out side the train station💀
fish fash fosh, I just got arrested for fraud 😅
dosent rhyme
It doesn’t rhyme 🫤
Fish fash fod I just got arrested for fraud. (See was that so hard)
Fish fash fosh, i am wanted for several of my war crimes back in 'nam
@@mafall3333 the original text also doesn't rhyme - "fish fash fosh, let's get london to the max!"
This is exactly what most startups do 😂
Exactly
💯💯
Article 3 in a LLC
"Expected Duration of LLC"
You can make a overnight company, and it's legit. So long as you pay the associated fines
@@donovanulrich348 ...wait...so you're telling me we could have been doing this all along? 0_o I'm gonna need more info about this. lol
Lmao
“QUICK! SPEND ALL THE MONEY BEFORE THE GOVERNMENT SENDS US TO JAIL!!”
-me if I ever did this too
The valuation advisor probably had quite a chuckle😂😂😂
Resume woulda been on fire after this job opportunity 🤣. “Sir it says you’ve been the Founder of a £500 Billion company”
“Yes”
Doesn't make sense. It's a load of fake nonsense.
For simplistic sake, if you had a car worth £10,000 and five people paid each £2,000. Equaling five shares. For some reason this individual is saying that since everyone has a share in the car that is worth £10,000, that it is now somehow worth £50,000.
10,000,000,000 shares of £50 = £0.000000005 per share.
Price of a share is calculated by the value of the company. If the man sold a share of his company for £50 using company accounts, then the company is worth £50. A company's value and the value of it's shares is determined by it's assets and it's projected share price, not the actual share price.
It's like a car company who is selling a car priced 100 gajillion pounds, and thus valuing it's company as such, it is indeed fraud, but definitely not legitimate.
The fact everyone is passing this off as legitimate: worries me about the intelligence of mankind.
@@SCARRIOR Your math is way off on this. If there are 5 shares worth £2,000 each, then the car is worth 5 x £2,000 = £10,000. Same with the company, if there are 10,000,000,000 shares worth £50 each then it’s worth 10,000,000,000 x £50 = £500,000,000,000. What you seem to be missing is the lady didn’t purchase every share, she only purchased one. The iffy part about this is claiming that every share is worth £50 just because one share was purchased for that amount. However, the valuation advisor did agree that the projected value of each share could be set to £50 because of that purchase. Of course, this is in fact obvious fraud, a fact absolutely nobody argued with. But technically it’s legit until someone shuts it down, whether it’s the government or the guy himself lol.
@@SCARRIOR Bro you really typed all of that to be wrong. Retarded behaviour
@@SCARRIOR dude before you make such statements, make sure you pass the 6th grade. 10 bln shares with 50 pounds per share are infact 500bln in shares. 5 ppl paying 2k are 10k, where are your 50k coming from? are you drunk?
@@SCARRIOR also last nail in the coffin, market worth of bugatti.
I love this guy! He hired a private investigator to follow him around , then hired another private investigator to follow around the private investigator who was following him around 🤣
Wait what 😂😂
@@MAKEUSLAUGHMAN lol I went a lil bit heavy on the “private investigator “ 😂
@@sluglow6357 😂😂😂 I just seen the video you’re talking about tho
@@MAKEUSLAUGHMAN 😂😂
Oh did he actually do it
He lives to troll the world.🙏
This dudes next video: I became the us president for 10 mins
Government: "You raised from zero to 500 billions. Where is our taxes?"
Why would he need to pay taxes?
@@itsmoam only on the £50
no
💀@@garymathe9863
I'm sure that the government would be 100% fine with him having £50,000,000,000 if he could pay the taxes for them
@@LazoLad what taxes? He never had that money that was just what he was worth
Bro just explained how to commit fraud bruh I’m dead 💀💀💀
I wanna watch a two parter from him being caught for all the “sketchy” things he has done and the sec part is him escaping prison kewk
Bro was about to be Richer than Mansa Musa.
This is literally how startup valuations work lol
They just don't pull the plug if they're caught red handed like this, they keep lying and keep getting away with whatever they can.
I swear youtubers will run the world by accident
Prolly sounds like foreshadowing to me!
"Here's how I accidentally overthrew the British Empire and coincidentally, got declared president of the United States"
They already do LOL
No, this one is different from other youtubers. I kind of like him as he makes impossible things possible sometimes. You should see his content nothing like the usual youtubers. He is quite a legend in his works.
@@potato1341 Niko omilana was the highest ranking independent candidate and reached 5th in the London mayor election, and he did it for a joke
This song brings me trauma since the last time i played it