Financial accounting records the financial transactions of a business and communicates this information to potential investors and creditors. The output of the accounting process are the financial statements. An income statement reports a business's profitability. The statement of retained earnings reports the change in retained earnings for a corporation. A balance sheet details the economic resources and the claims on those resources. Finally, a statement of cash flow summarizes the cash inflows and outflows for various business activities. The income statement, which is sometimes called a statement of operations or a P&L statement, reports how profitable a company is. On a simple income statement, there are just two categories of accounts, revenues and expenses. The difference between revenues and expenses is called net income. This occurs when a company has more revenues than expense. Net loss occurs when a company has more expense than revenue. Net income is one of the first things investors and creditors look for in the financial statements. The statement of retained earnings is prepared after the income statement. This is because information from the income statement is used in the statement of retained earnings. Retained earnings account, the name of it, represents exactly what it is. The portion of the earnings that have been retained by a company rather than being paid to investors in the form of a dividend. Net income from the income statement increases retained earnings and dividends decrease retained earnings. A balance sheet is sometimes called a statement of financial position. Meaning at any point in time, it tells us how many assets a company has, how many liabilities or debts a company has, and how much equity the stockholders have. The most common form of a balance sheet is the classified balance sheet. In this format, assets and liabilities are classified into two categories, current and long term. The easiest way to remember if something is current or long term is the one year cutoff. Less than one year is current, more than one year is long term. So current assets are those assets that will be collected in cash or used up in one year or less. You can see some common examples on the slide. Long term assets are those assets that are expected to provide value into the future more than one year. And you can see some common examples of those on the slide. Current liabilities are those debts that will be paid in one year or less. Again, there are some examples listed on the slide. And finally, long term liabilities are those liabilities that are expected to take more than one year to pay off. And again, there are some common examples listed there. Stockholders' equity reports the total amount of equity the stockholders have in the company. It is commonly divided into two categories or two sections. Contributed capital, which is the section that reports common stock, and retained earnings, which is the section that reports the ending retained earnings balance from the statement of retained earnings. The statement of cash flows reports the change in cash for a reporting period by reporting cash receipts and payments from three categories of activities. Operating activities section reports cash collection and payments from transactions related to the operations of a business, like buying and selling goods or services. Investing activities section reports cash receipts and payments for transactions involving long term assets. Financing activities section reports cash receipts and payments for transactions involving long term liabilities and equity. And that concludes this brief overview of the financial statements. You'll learn more about them and get a chance to prepare them in the future when we discuss the accounting cycle.


Feedback is most effective when it is given during the learning process and equips students to grow towards their goals. Let's learn how ongoing feedback is supported directly in CSAH. Students use feedback to grow in their skills, change thinking processes, and extend learning beyond the concept and skills being talked. The comment tool in CSAH allows teachers to give constructive feedback that supports students to meet their goals. When a student makes a post to their journal or completes an activity, before tapping approve, leave a comment to provide a guiding question, give a suggestion, or include specific feedback on the student work. Simply tap the speech bubble to leave a typed comment or tap the microphone to record a voice comment. Voice comments are a great way to support early readers and language learners. Voice comments are also a good way to make connections and personalize the feedback for students. When students receive feedback via comments, they will receive a notification in the notifications tab of their CSAH journal. The return work will also be sent back as a draft. Students simply tap edit draft on a returned post or add response on a returned activity. The comments open inside the CSAH canvas, allowing students to view and respond to the feedback while they are working without having to toggle to the notifications tab. To hide comments, students simply tap on the speech bubble and the comment will be hidden. Providing feedback via the comments feature in CSAH provides for a continuous learning loop which supports students to reflect on their learning and revise their thinking. Your challenge this week is to use the comment feature to provide feedback to your students. Share the creativity you capture on Twitter using the hashtag CSAH Mia Minute.


There's one thing that I'm very distressed about and I need some of your thinking and I don't want anybody to know it. I'm taking it up with you because I think it would hurt us instead of help us. Barbara Ward told me yesterday and I've had this report from several intellectuals around that in their judgment they're more thinking people, thinking about improving their land and their life than they have observed in America in any period that they've known it. That they find that the county judge and the mayor is really talking about poverty. That the hospital people are really talking about putting an extra wing on and having a better diagnosis, that they're concerned about natural beauty and getting rid of the cars. They laughed at the people when they said billboards a few years ago, but now they're really concerned. And they're fussing at the junkyards along the road and the pollution of the rivers and the whole natural beauty thing. There's been more editorials about it. There's more people about it, more garden clubs are getting interested in it. And I really feel that and I see it in my mail and I hear it in people I talk to, so I don't believe I'm being misled. Now if that's true, that's a good sign and something we want to build on. Well that's what Barbara was saying yesterday at launch here. That's exactly what we feel.


Well, this is Preeti, and I'm doing my MBA at Sloan School of Management. In the next set of sessions, we will be deliberating the various aspects of how to evaluate startups. First up is the billion-dollar question on how do you evaluate seed-state startups. We have with us here Kevin Colrin, who's the managing director of Slow Ventures. He's an early-stage investor in Pinterest and Perpac and many more such impressive companies. He's also one of the first 10 employees at Facebook and is a regular contributor to the Wall Street Journal. Joining him, we have TJ Parker, who's the CEO and co-founder of Perpac, the startup that's helping people across the companies get their medications on time. He's also named one of the 30 under 30 under Forbes, as well as in the Inx Magazine 30 under 30 in 2016. All of you join me in welcoming both TJ and Kevin. Hi, everybody. Let's make it awkward. Always keep your founders this far away. Investors and founders. I could lie down. You could lie down. Yeah. I want to talk to you about my dog. He died. Anyway, who here does drugs? Well, he's got a coupon code. So I am Kevin Coller and as mentioned, I worked at Facebook from 2005 through 2011. He's one of the first 10 employees. Started out of my apartment in New York and ended up staying with the company until it was about 5,000 people. When I left, I moved here, thanks to my wife being from here and my family as well. And with a couple of friends started investing, seed investing or angel investing in tech companies. A group of friends all from Facebook, we pooled about $15 million of capital and wrote 175 checks between 2011 and 2015 into a whole lot of things. This being one of them. Sorry, you. Thank you. You're not at this anymore. And then recently, beginning 2015, decided to institutionalize the fund and we raised about $250 million so far to invest larger amounts but focused mostly on seed stage companies. And who are you? I'm TJ from Pill Pack. So Pill Pack is a pharmacy that makes it really easy for people that take ongoing chronic medications. So we sort and deliver their, sort and package of medications based on when they take them throughout the course of the day, we then deliver them to their door and we manage all the coordination with their insurance company, with their doctors, do all the heavy lifting so that's super easy for folks that take medications. We started the company in early 2013 and we launched the product in early 2014. To date, we've raised about $115 million in capital, including from Kevin. And we are now servicing customers all across the country. We are located in Boston, our office is in Somerville, so right down the street. And we have pharmacies across the U.S. and then another office in Salt Lake. Companies about 600 people at this point. Before that, I was in school and did a lot of work actually helping run things like this. So helped run the 100K at MIT, helped start hacking medicine at MIT, so I was really involved in this community. And before that, I was in college. Keep going all the way back. All the way back. The whole story. How many people here have raised capital from institutional investors? How many people here see that as being something they may do in the future? Cool. So I was at a dinner with a bunch of MIT people the other night and many of them were either had just or were about to start raising seed funding. And basically, the questions were consistent of brilliant people doing brilliant things and not having much insight as to how the fundraising process goes, what you should do, should not do, et cetera. And so we figured we would take maybe 15 minutes or so to talk ourselves and then open it up to you guys. Happy to answer any questions. TJ obviously wants to talk about or is happy to talk about his experience of raising capital. As I said, over $100 million takes some work. And as I mentioned, we've invested now in over 250 companies. And so I'm happy to talk about things that have and have not worked. Why don't you start, so going back to that point when you were doing things here to the point of actually having a company that has 600 employees and $100 million plus raised, there were probably a few steps along the way. So going from the, you have this idea, maybe even talk about, I mean, your backgrounds in terms of being a pharmacist and seeing the opportunity and then actually committing to an idea and deciding, you know what, I'm just going to go be a CEO and start this thing instead of the typical career path that you had planned on. Yeah, so as Kevin alluded to, I am trained as a pharmacist. I didn't actually go to MIT. I went to Mass College of Pharmacy across the river. And during school, my dad had started this new kind of pharmacy that actually sorted and packaged meds, very similar to POPAC, but delivered to nursing homes, assisted living facilities, sort of long-term care facilities. And I always knew I wanted to start something or be working at a startup or do something entrepreneurial. I spent probably three or four years running around here trying to understand how this whole thing worked. Like how do you raise money? How do you meet a co-founder? How do you start a company? How does all this stuff work? Was in a lot of the sort of 100K judging sessions where you'd have oftentimes venture capitalists and angel investors watching someone pitch their ideas, oftentimes a student pitch their idea. And I sort of observed that whole process. And by the time I was on the other side of the table, I had a little bit of insight into how investors think about evaluating an idea. And then we first pitched the idea of POPAC at a hackathon, that MIT Hacky Medicine Hackathon. And we got a good response from that. We won the hackathon, but we started the hackathon. So it was a little bit of a misnomer. Is there a conflict there? No conflict. I think it was a $1,000 prize, which was a big deal at the time. And then ultimately that sort of started the snowball and we would get together once a week as a team to work on what the company would be, if we'd actually build a pharmacy, if we'd build a platform, how much money we'd need to raise. And within three or four months, it applied to tech stars, got into tech stars, which was early 2013. And from there, the whole thing kind of snowballed. So it was a lot of sort of build up of understanding how investors think about writing checks, to just pitching it for the first time at a hackathon to four months later, I think we had 120K from tech stars. And then within about five months of that, raised the first thing, 400K and then three and a half millions, about $4 million. But really the biggest thing was really just pitching it the first time and getting feedback and then people around to you that really helped. How did you decide how much, I mean that's a large round for that soon, right? So the way, the trajectory we usually see is there, it used to be the seed round was the first round that's now kind of turned into the second round. So there's this angel round that happens first, which from my experience, probably the average is $500 to $750,000 being raised. Usually it's friends, family, and some strategic people, it's 50K and 100K checks, that usually gets you somewhere around a year worth of operating. Then there's the seed round, which now you have a year of under your belt. You've got some metrics to show, you may have a prototype, you may be already in market. I think the average usually we see is probably a million and a half dollars raised for a seed round, which then gets you another, should be 18 months. So now you're two and a half years in when it's a series A, which we typically see as being $5 million fund raise or so. So it seems like you did that pretty accelerated. Yeah, I mean I think compared to a lot of startups, we are asset heavy. So we had to build an actual distribution center. We had to buy automation to do the packaging. We had to get licensed nationwide. So there's a lot of baking costs at the beginning. We followed that trajectory somewhat, it was just really accelerated. So we raised the 500K about two months into Techstars. And then tactically what happened was that in Techstars you have to sort of build up to demo day or any of these accelerators just build up to demo day. And it's all sort of on some level operating off of FOMO. And by the time demo day happened everyone felt like they missed the first sort of pre-seed round and then that parlayed into it. I think we were going out for $3 million and we ended up closing $3.5. And the primary reason for raising that much again was that it was, there's just a lot more infrastructure we had to build to even go to market. We couldn't sort of test the idea with just a piece of software or half a dozen engineers. Did you find your investors as a result of the Techstars experience? Some of them. We found our first two angel investors as a result of the 100K and Hacking Medicine. There are actually two of the judges that I used to recruit to help judge. So the first, the first people which often- More conflicts of interest. More conflicts of interest all over the place. I think the first couple investors are always the hardest and it was nice for people that I sort of knew. I didn't know them super well. And then the first institutional investor, my co-founder had worked at Founder Collective so he knew them well. So conflicts of interest all over the place. So work at the 100K, work at Founder Collective and then you're good. Yeah, it's just start a business plan competition. Win that business plan competition. Stack the deck with judges who will then invest in your business. Find a co-founder that works at Adventure. Get a co-founder that works at a VC firm and it's easy. Off to the races. Really, all these people talking about it being so difficult. So we struggle with this because we've seen the trends. It used to be that there were very few accelerators, incubators. Then there all of a sudden were hundreds of companies a year, Y Combinator and Techstars in multiple cities and so many more. And I think there's been points of view on both sides as to whether it makes sense to go into one of those accelerated learning environments, rapidly 90 days typically go from idea to some sort of prototype, try to raise as much money as possible afterwards. What do you think about, I mean obviously your experience was a little while ago, but do you think that you being a first time founder at that time, being coming out of a pharmacy school, not being an entrepreneurial or business trained person was, do you think that experience helped? It definitely helped for me and for the company. I think every instance is different, so for some companies it's been a good experience, some it hasn't been. I think being really clear about why you're doing accelerators, so for us we did the accelerator primarily to accelerate the process of raising capital. And that's what we hope to get out of it and we got that out of it and I think in the process met a lot of folks in the community that we didn't know before. So for us it was worth it. I think for us the decision point of the time was do we do one of these healthcare specific accelerators, do we do a rock health or a health box or something like that, or do we do a tech specific and we found the capital raises typically go better at the Techstars type accelerators. But that was four years ago. I don't know if the market has changed. At the time it was a pretty no-brainer decision at this point. Why a combinator feels like a no-brainer decision and then I think all the other ones are very dependent on the company and whether it makes sense for them. So one of the questions I was getting the other night at that dinner was, which was surprising to me, is we my fund has a policy against doing uncapped notes. So typically a seed round, instead of having to go through the hassle paperwork and legality of creating a true equity round, there someone will use the Y Combinator safe agreement if you're familiar with that, or kind of a simple dead instrument. And the only thing that really needs to be determined is what is the cap of the valuation, which is not really a true valuation now, it just means when we raise again in the future, as we will be adjusted to that valuation with usually some sort of discount for having come in early. And it was interesting that the students, or not students, but the alumni that I talked to from here had said that the lawyers that they had worked with and the ecosystem that they'd worked with around here told them never put a cap on the note. And basically what that means for me as an investor is it's a little bit, it's been too hard for me to overcome that because if you're gonna come in early, usually a year before other investors are and take much more risk when the idea is still just an idea and there's really no infrastructure or business, the idea of just getting kind of a 20% discount to the next person that may come in a year or more later when there's so many more proof points, so much of the idea has been de-risked. It doesn't make sense to me unless there's some sort of cap on the upside and basically my concern, the reason why we've pushed forward is the misaligned incentives I feel between an investor and a founder if there's an uncapped note is significant because the founder wants the valuation to run as high as possible before that first investor that believed them first gets their equity and of course the investor wants the lowest possible valuation which means that should I be as helpful as I can, should I make as many introductions as I could, et cetera, cause reverse incentives. So you guys, how did you- You may not have the ability to put on the valuation in the future. So how did you guys handle figuring out how to, being first time, I mean I assume Techstars taught you certain things about that, but figuring out what your valuation should be and how to set up valuation along the way so that it didn't become a problem either between your relationship with your investors or a problem with your ability to raise money in the future if you didn't achieve certain goals because a down round is perceived to always be a bad thing. Yeah, I think we got very lucky not just with Techstars but getting a really good experienced early stage investor involved, that's not Kevin. Just kidding, you're great as well. There's good investors and there's not. We had, so the first institution of money in was David Frankel at Founder Collective and we navigated all these, do you do an on cap note? Do you do a party round? Do you do like a strong lead in your next round? And leaned very heavily on David for advice through that period as well as the folks at Techstars. Katie was super helpful working through all of that. But I think getting an early stage investor that both knows other folks in the community that will be a good fit for your next round helping sort of educate and walk you through what makes sense and doesn't make sense. I think we wrestled with this, it was four years ago we wrestled with doing an on cap note or sort of pricing the round or doing a cap note and Dave and other folks pushed pretty hard on the fact that you want to align it with all of your investors and especially we're seeing this even later stage now you're seeing on cap notes and we're dead instruments that seem great at the time but then have all sorts of potential for downside. And that was really just leaning on people that were super helpful whether that was early investors or folks at Techstars. At what point did you decide a board of directors was necessary and it sounds like Dave Frankel probably operated in that capacity whether he was officially one or not but how did you go through that decision? Yeah so we didn't do a board on the first half a million which I think is pretty normal. The capital in the timing of the business that oversight didn't feel necessary and we had one institutional investor which was David and I think he acted in that capacity but it didn't need to be formalized. We raised the priced round that was three and a half million and it made sense to put a board together. I think you're not always but oftentimes with that amount of money you're gonna get pushed by the investors and it's a pretty standard thing to do and it made sense for us. We I think made a five person board at the time that was myself and my co-founder and then the two that we basically split that three and a half million dollar round between Atlas and Founder Collective and they each got a board seat in that process. Oftentimes I think it's more normal to have two plus one lead. For us I think five was a nice size. I think five is a good size in perpetuity and it was nice to have more than one personality on the board so they get some balance and some different opinions. But I think you experience a breadth of this in a way that I don't but for us at that capital amount it was pretty logical. What have you seen from, is it dollars in? Is it timing? Yeah I mean we I would say the majority of company first of all at that angel round the 500, 750 there's no reason to have a board. Fast forward a year now you're a year in you're going out for the seed round. As I said usually a million and a half dollars or so. I have seen it go either way. We typically don't ask for a board seat when we write one of those checks and if we do do it it's usually with the incentive of getting off the board as soon as possible. Kind of taking the seat in order to be a mentor advisor to make connections to be helpful but in reality we want to just be there until the bigger funds are around the table. The people who, our models we write a lot more checks than a typical VC. We will do probably 30 or 40 investments a year among five of us and a typical venture capitalist will write one or two checks a year which allows them to be on boards. A typical VC is on 12 boards usually at any given time. That's kind of the max when you can do it but for us we were much more interested in making more bets without having to make the long term kind of decade long commitment of the board seat and we don't think our strength is being part of your series B or C and preparing for an IPO, et cetera. We think it's really to get you the initial capital you need to get the business started and to make the introductions to who will likely become your first board member being your series A lead investor. Conflict between founder and board or founder and investor. I think has a lot to do with who you choose as investors and vice versa. I think ideally you have the same people that are willing to write checks you actually like which is always helpful. I think a lot of board and investor management is really just keeping folks in the loop in a very sort of real time manner. There's lots of mechanisms to do that but I think no one likes significant surprises. And for me that's been less about formal monthly or bimonthly investor updates and more ongoing sort of short snippets and text or hop on the phone or just keep people in the loop about what's going on. It's not like everything has been rosy and everything's been great news but I think in the process as things are developing keeping people in the loop and not obfuscating stuff and being as transparent as possible has limited conflicts but I think if you choose the wrong investor you're sort of starting off in a really bad place. So it's really about people that you can get along with and be real with. I think different people have different personalities and then really sort of ongoing communication about what's going on in the business. And I think that there's two sides in terms of founders who just really want the dollars and want the dollars at the highest valuation versus founders who actually want the mentorship advice of a true partner. What are the ways in which, and then there's the pitch that me as a VC and that I see, the pitch that the VC's make to founders especially founders in competitive rounds as to why their firm is better than the others. You know, Jason Horowitz is now famous because of the mass, mass infrastructure that they have to do, they'll handle your legal and your CFO responsibilities, they'll do your recruiting for you, et cetera, versus other funds that completely focus on we are just a small group of partners and we are here for advice and mentorship but we don't have infrastructure tools. What do you think makes sense and how have you seen other than a source of funding and a source of quarterly meetings, investors playing an active role? I think one of the benefits of being a first time entrepreneur with an experience that'll lead investors that you truly want the advice, you want the perspective and I think choosing the right investor that can help with that is really paramount. But I think most of the time that for me has really just been about personality and obviously there's lots of things that go into who you pitch and whether they've done similar companies before and things like that but it was really came down to personality. There was two instances of funds that delivered really specific things. Kevin was one of those, was super helpful at one point in time getting us sort of approved on Facebook and helping us work through that process but it is a general rule that was more choosing a generalist and a personality that I thought I could actually learn from and truly wanted to learn from and if that wasn't the case it probably just wasn't the right fit but I wasn't looking at things like interest in infrastructure or first rounds like founder portal but those were all things that were pitched I think it really became who do I want to actually spend time with and deal with when things are good and when they're bad. So 10 minutes left, any questions? We can, real life scenario, yes. Did you raise money from university endowments? You're asking me I assume. I did not, no. Yeah, so slow, we are. Sort of, indirectly I think. Yes, you did. Not directly. Most VC dollars you get come from university endowments. So we tried, our kind of philosophy for slow is much different than a typical fund because it was started as the personal capital of about 10 friends that all worked at Facebook when we expanded to become larger we ended up raising money from about a hundred other individuals who were all CEOs of tech companies. Founders, CEOs, key executives at tech companies and our request to them was we wanted everyone to play an active role in the investment process and the reason for that is we think that you can take money from universities but the university is not going to play much of an active role in helping you find investments, diligence investments, et cetera and we felt that at the seed stage the most important thing is getting expertise and network and we thought okay if we have the CEOs of companies from social media companies to payment processing companies to virtual reality companies, et cetera when we see stuff that seems really interesting we then ask those LPs to meet the company on our behalf and so we can kind of be generalists and our kind of rule is I don't necessarily as the investor have to be a master of understanding the business that's being pitched to me as long as someone in our ecosystem which is usually one of those 100 LPs is an expert in that ecosystem and they can say listen, usually we see this all the time is most founders are so busy being founders that they likely don't really have time to be angel investors also but just through the day to day of running their business amazing people come into their office and they say wow like if I actually had the time or bandwidth or interest in doing the paperwork I would totally invest in this company because you're building something incredible but I'm so busy running my business and so our request is basically 100 of people that see those types of founders come into their office and we say when you get that inkling that like man this person that just came in for that meeting is incredible if I actually had a little bit more time I would have written to check myself into this company we ask them to forward it to us and call that out in the subject of the email and so basically we do now have only now in the most recent fund we brought in a couple university endowments but other than that it is this group of kind of these 100 individuals and then what we also did is we brought in VC firms which is not very typical we've got a couple dozen VC firms that have invested either their own partner capital or fund capital in too slow because we see stuff much earlier than they typically want to invest and so we'll do the seed round and then we'll make the introductions to those people to lead the series A or series B and what we find is when you can tell a founder at the very beginning the reason why you should take money from us is not just because it's money but because you're getting now the access to these 100 so he mentioned we helps him with Facebook we have a lot of ties to Facebook they had a problem there we were able to rectify that problem which most other firms may not have had the direct path to helping with that and we try to and we have that with basically a hundred different companies and what we say to most founders you don't know who you're going to need help from at some point when you're building your business there is going to be you're gonna need help getting onto Facebook or getting on to getting becoming a beta test of some sort of product of a big company that's being tested or whatever it may be finance help et cetera we say we have all those introductions and so think of us much more as a network rather than a pool of capital and so that's kind of how we do so yes in order to grow now in further the other individuals do have a natural kind of threshold as to how much they can invest into a VC fund continuously and so as we want to grow the fund we do start taking outside capital from VCs but we are sorry from endowments but we do keep that network of those hundred individuals and those VC firms and those are the ones who play an active role yeah what's your median size of investment and you said that you don't do uncapped so what's your maximum cap in the notes how do you do that I wonder to learn on the product what we see in the seed round again so typically we are the second time a founder is raising and they have been doing their business for a year and they've been doing that on this angel money that they've raised from friends and family or kind of angel investors so they are further along then and this is very different than what it used to be so it used to be the seed round was two kids in an idea and there was nothing more than that idea now I think because the opportunity to make progress without much capital whether it's through because of Amazon web hosting or just other things we really want to sit back and see how scrappy were you and how far did you get on either the money in your own pocketbook or the money from friends and family and so for us typically that is a one and a half million dollar, two million dollar seed round it's typically at some sub 10 million valuation so it's one and a half on a seven million cap note or an eight million dollar round and we will write a check of any size from the full amount down to usually $500,000 the difference that we have for most funds is most VC funds want to get 20% ownership of a deal for you know because that as I mentioned because that founder is only doing you're sorry because that VC is only doing one or two deals a year he or she needs to have enough equity to make sense that they're gonna spend so much time on it with us we're doing five, six, seven, eight deals a year and we are fine being the second largest check which is very different than most so a lot of times it's a zero sum someone is going to win the lead position to write the lead check of a company and the other people will have lost the other VC firms will leave and then you'll fill whatever's left with strategic we say listen you can choose us to lead or choose someone else to lead and we'll just take whatever's left because we'd much rather be part of this company going forward instead of saying we couldn't convince that founder back on day one and so we now have no ownership and so it's different and time will tell as a result we end up doing probably three times more investments per fund and we probably have one third the amount of average ownership per company but we think the quality of all of the companies is higher because we don't have to actually win zero sum we can kind of be in all of the things that we see that we think are great yeah so you'll find so our policy and this is basically we ask as many investors do for pro rata rights so if we're buying 7% of your company at the beginning we want to be able to maintain that going forward with a small seed fund you there's usually a limit to that you know if you get into a company that becomes a rocket ship just maintaining your ownership is going to be a $10 million check when our whole fund is not much bigger than that so and so we ask for the ability to do it and then it allows us to at some point say okay you know the valuation is too high we are happy with our ownership we're gonna get diluted down a little bit but we still own enough that we're happy so typically you know if we start at the seed we'll do one more round so we will do our pro rata at the A and then by the time it gets to a series B or C we usually are just you know kind of on the sidelines cheering for the company but not actually writing new checks in the back you know a lot of the experience that you guys have been talking about has been fairly positive have you ever invested in someone and for TJ have you ever taken capital from someone where after the fact you realize oh crap like I don't actually want to work with this person and sort of how does the situation play out because you already have capital invested in them? Yeah he tried to send ours back about three times I think it was until we had to hire a lawyer and it got pretty nasty. No. I don't even think you would participate in any of our rounds after the first one. Well that was our old model. We are fortunate that the amount of capital we are putting into a company as a percentage of the entire fund is pretty small it means usually less than one person almost always less than one percent and so if things don't go well we can kind of part ways and be okay with it you know it's we're never going to you know sue or try to fight legal you know it's like you kind of you try to diligence a founder as best you can and you try to make sure that it is a match and you trust that they are going to do the right thing and if you find out that they didn't or that for some reason it's not working you know we will politely say hey you know we're happy to just forego our pro rata rights and we wish you best of luck to continue raising you know capital from other investors but clearly this relationship you know we're not being helpful to you or you're not you know receptive to that help and so for us you know it's absolutely and we have 250 investments there are certainly founders that we said wow that person didn't do what we thought they were going to do or didn't behave in the way that we hoped they would have behaved or there's been some signs that make us think that we probably shouldn't put more money in this business but you know again when you're only when you've only invested $500,000 or a million dollars it's a lot easier than if you are a later stage investor and you just wrote a 50 or a hundred million dollar check and then find out that. How about you? I have not I mean I think a lot of it is diligence in your investors and spending enough time with them and being super transparent about the business so luckily so far have not had any sort of bad relationships or things at one self but my breath is not the same as Kevin. I know we're out of time but it also helps when you have a company that many investors are trying to get into. I think you know when you have choice you can do that process. I think it becomes much more difficult when one you know one investor is willing to actually take a shot on you and you don't seem to be you know feeling a great vibe but it's like well I'm either going to have a business that's funded or not and those are the tough scenarios and you know if you can have choice among investors at each stage of your company I think your likelihood of success goes up dramatically because it gives you the opportunity to do some diligence or make an A versus B choice and not have to kind of you know you're getting married right? Like especially if it's a person that's going to be on your board for 10 years you know potentially like that is it's really hard to be in that position with someone that you don't necessarily get along with. It's also I think why not just choosing to do a deal because it's an uncapped note of the valuations meaningfully higher than the others becomes more and more important. I think if you work with these folks for hopefully a long time. Yeah do not try, this is always the investor to say this. Do not try to optimize for the deal terms or the valuation. If some relationship feels a lot better and they're offering you something a little bit less attractive monetarily but it's a person that's going to be able to help your business or that you think you can scale with like it's crazy to me when you find out and that's actually a big indicator like red flag for a founder. It's like you know you're the right person they've already told you you're the right person and because someone else that may not for whatever reason came in with over the top offer and they choose that if they even though saying that's probably not the right VC for me but the offer was so good and it's like that's when you say, you know, few like I'm glad we didn't end up getting married because your incentives may not have been aligned. Cool, thank you very much everybody. Appreciate it.


you're about to hear is true. Only the names have been changed to protect the innocent.  A man is pulled from his car on a deserted street. He's robbed, beaten viciously, his car is stolen. A criminal makes good, he's escaped. Your job, find him. Dragnet, the documented drama of an actual crime. For the next 30 minutes in cooperation with the Los Angeles Police Department, you will travel step-by-step on the side of the law through an actual case transcribed from official police files. From beginning to end, from crime to punishment, Dragnet is the story of your police force in action. It was Monday, July 9th. It was warm in Los Angeles. We were working the day walks out a robbery detail. My partner's Ben Romero. The boss is Thad Brown, Chief of Detectives. My name's Friday. It was 9.55 a.m. when we got to the Stacey Hollywood Department Store. Personal Department. Stacey Hollywood. That would be the Yardish Department. Yes, ma'am. I'll connect you. Yes, sir. Can I help you? Police officer. Yes, sir. I'd like to speak to one of your employees, Harvey Kimbrough. Just a moment. I'll page in for you. You got a match? Yeah. Here you go. Thank you. When I was a kid, I never could figure out what that was. What's that? The auto call system. Call employees to the phone. It rings all over the story, you know? Yeah, I know. Office. Yes, Mr. Kimbrough. There are two policemen waiting to see you on the 10th floor. All right. That was Mr. Kimbrough. He's on his way up. Thank you very much. Did I give you the crime report on this thing? No, I think you kept it in. Let's see. Stacey Hollywood. Oh, yeah. Here you go. Oh, say. What do you got there? They call them Pepto pals. They're good. Call them. But what are they for? They go to Stomach. For Stomach, that's not good. Well, I haven't got a Stomachache. These gentlemen here, Stella? Yes, that's right. You, Harvey Kimbrough? Yes, sir. That's right. I sure appreciate you people coming over here. I don't like to take time off from work. It makes it tough on my partners, Clive and Warren. Yes, we understand. January work in a big store like this keeps you hopping. You haven't got any idea who the holdup man are yet, have you? No, sir. We haven't. We'd like to get a little more information on what happened. Can't you talk to the two officers in the police car? Yes, we did. But it's customary for us to make a follow-up for any additional information. You fellas are plain clothesmen, is that it? Yeah, we're from Central Robert. Oh, I see. Well, I never knew I'd get this much service. Yes, sir. Wonderful. We might step outside the officer. I don't imagine you want to discuss your personal business here in the office. Yes, very considerate of you. Thank you. Fine. I wonder if you'd mind going over to again, force, Mr. Kimbrough? Maybe something you didn't think of when the other officers talked to you? I believe I told them everything. I was on my way into work this morning, about 5 a.m. You live out now, Hammer? Yes, sir. That's right. I take the free way in. It was on Commercial Street that you were held up? That's right. Commercial, right near Alameda, almost to the corner, where they're tearing those buildings down. Man flagged me down, looked like his car was installed. Yes, sir. I always make it a habit to stop when I see somebody in trouble. I know how it is that time in the morning. No gas stations open. Maybe the fellow needed a shove or something. So you stopped to give him a hand, is that right? That's what I had in mind. I'd no more stop the car. He came over, pointed a gun at me and told me to get out. What'd you do? Well, I asked the fellow what they want. I told him I didn't have any money. Told him it was on my way into work. What'd you say to them? Didn't say anything. He just opened the car door, grabbed me by the arm and pulled me out. I wasn't prepared for it and I kind of fell out onto the street. Yeah. I still didn't know what he was after. Thought at first he might have been crazy. He was going to kill me. Why'd you think he was going to kill you? Did he threaten you? No, but the gun and all and the way he pulled me out of the car. I just couldn't make it out. I see. Would you go on, please? Well, he took my wallet from me. All the money I had, $14. And then he said, don't bother to get up and stay right there for five minutes after I leave. And then he bent down and he hit me in the face. When did he hit you with? With his fist. Me right here in the mouth. You can see the car right inside of my lip here. I know. You see the blood pretty heavy. Yeah, it's a nasty cut. What's better now? A man who came in the ambulance, they put something on it. It'll be all right. Well, did he knock you out when he hit you? No. I saw him get into my car and then the car parked up ahead, took off and this man who held me up, he followed my car. Do you have anything more on the description of the hold-up man or his car? No, I think I told the other officers everything I can remember. Would you recognize a man if you saw him again, Mr. Ambrose? Yes, sir. I think I would. Your car is a blue 1948 Dodge sedan, right rear fender damage. Is that correct? Yes, sir. Any other identifying marks at all? No, sir. That's about the size of it. And the other car looked to you like a late model Chevrolet, is that right? 49 or 50 anyway, two ton green. Yes, sir. That's what we have. Did you see the license number on that? No, sir. I didn't. This, uh, this witness who's listed here, Mr. Sidney Ferguson. That was the fellow that stopped and picked me up, brought me into work. Did you talk to him yet? He might be able to help. Well, we're going to see him as soon as we leave you, 800 block on Saddlecoy. Yes, sir. That's right. I sure hope you get that, Thief. My car, too, awful hard to get around Los Angeles without a car. I don't do it, man. I was just wondering, Mr. Kimbrough. Yes, sir. What's that? Well, you say that when the man hit you, he didn't knock you out. You weren't unconscious. No, sir, it was not. Well, did you try to locate a phone, call for help? I didn't have to. This Mr. Ferguson pulled up and stopped right away and then the officers came. Besides, I figured I better do what I was told. How's that? I was afraid. I was going to wait five minutes. Ben and I left the department store, picked up our car in the parking lot next door and drove out to the San Fernando Valley, the 800 block on Saddlecoy Avenue. Citizens' homes have been ridden one more time. Come back through the gate, then, on the driveway. This way, I guess, huh? Yeah. This is the Ferguson house. Yes, sir. We're looking for Sidney Ferguson. Surely, I'm Sidney Ferguson. Police officers, Mr. Ferguson. About that hold up this morning. I'm on commercial stream. Yes, sir. That's right. This is Sergeant Romero. My name's Friday. Happy new year. Excuse my wet hand. Been cleaning out my tanks. Yes, sir. You fellas work out at City Hall? Yes, we do. You wouldn't have to know of John O'Grady down there. Narcotics Division. My tightline. No, I don't believe I know him. Ben? O'Grady? Yeah. Call fellow, kind of blonde, wavy hair? Yeah, yeah, that's right. Good-looking fella. Yeah, I think I've seen him around. Good friend of mine. Wasn't that a shameless morning at the Kimbrough guy? Yeah, it was a rough one. The reason we came out to see is that we thought that maybe you could give us some additional information on it. Glad to give you all the help I can. Glad to see you get that hold up, man. Mind giving us a rundown on what happened this morning? I don't know. It's around five o'clock this morning. I'm not usually up that time in the morning, but I was on my way back from Monterey Park. Then I tried to make it down there at least once, twice a month. Go down to see Jack Robinson and the choirs friend I have down there. We swapped fish. Yes, sir. I was on my way back, coming down Commercial Street, and I saw this man sitting on the Saturday curb. It looked like he was hurt to me, sir. Wouldn't have noticed it, probably. It was pretty dark, but those two cars pulled out, one right after the other. It seemed to be in a big hurry. You pulled up to give Kimbrough a hand? Yes, I did. Of course, when I got close enough, I could see the guy had been kicking the teeth, bleeding pretty bad. Offer to take him to hospital, but he said he didn't want to be late for work. After the officers came and talked to him and the ambulance men treated him, I drove him up to Stasis, Hollywood, dropped him off there.  Well, the report says here that you got the license number of the getaway car, but you couldn't find the paper that you'd written it on when the officers interviewed you then. Yes, I did. And that doesn't beat them all. What's that? Well, I had the piece of paper a few minutes before the officers got there. I guess I was more rattled than the Kimbrough fella. When I got home here this morning, there was a slip of paper right on the floor of my car. A little bit of a break, isn't it? Yes, there it is. I wonder if we could have it. You bet you can. Let's step inside. All right, thank you. Come on, the fish officers. It's my hobby, tropical fish. Sure got a lot of them. Yeah. Let's see. Now, where did I put that piece of paper? I really wrote it down. Believe me, I just misplaced it someplace here. I'm trying to get rid of some of the algae off the glass of the tanks. Joe, look at these. You ever seen a thing prettier in your life? Yeah. Those are what they call clown fish, saltwater fish. Do you keep all tropical fish in saltwater? Oh, no. Most of them are freshwater. That is ones that breed good in captivity. Where do you get all these fish, catch them? Oh, no. A place called Aquarium Stock Company on Under Everly. Look there, Joe. Down in the corner. See them over there? Yeah. That's a seahorse, Joe. Yeah, that's rain. They're also kept in saltwater. Sure is interesting, huh, Joe? Yeah. How do you fellas really like to see something you haven't seen before? What's that? Look in this tank here. Pop the chromis multicolor. That's a scientific name, commonly known as the Egyptian mouth breeder. That's a fae. It's a little female, eh? She's one of the most sacrificing mothers in aquarium history. One of the strangers, too. How's that? Well, she lays her eggs in a small depression in the sand down there at the bottom of the tank. How many eggs would that be? Usually 80 to 90. Now, here's the strange part. As the eggs are fertilized, she scoops them up in her mouth. She eats them? Oh, no. They remain in her mouth while they hatch. Well, how long does that take? Over 14 days. Well, how does she eat? That's just it. She doesn't. She doesn't touch food in any form for this two-week period. Seems to just waste away. And what happens then? Finally, the eggs hatch after 14 days, and the little fry comes swimming out of the mother's mouth. Yeah. And while the fry are growing up, first you know you can hardly see them. They're so tiny. While they're growing up, if anything frightens them, quick as a flash, they're back in the mother's mouth. That's certainly amazing. Yeah? Yeah. Pop the chromis multicolor, commonly known as the Egyptian mouthbreeder. That is big as ever again? Yes, sir. One inch to an inch and a half. It's hard to believe. The bedders are almost as strange. The male builds a bubble nest on the surface of the water. That's the reason this tank. Oh, here's that paper. The one I wrote the license number on. Oh, that's fine. I wonder if I could see that, please. Here you go. Thank you. I'm pretty sure of this number, Mr. Ferguson. Yes, I am. I got a good look at it. Well, thank you so much, sir. Yeah, thank you. Not at all. Wish could come home and spend a little time. You seem kind of interested in tropical fish. Yeah, well, maybe I'll do that sometime. Bye. Bye. Bye, sir. Thanks very much. That's a good break if this license number checks out, huh? Yeah. That Ferguson's a nice fella here. Say, Sergeant Lamarro. Yes, sir? You almost forgot. I meant to ask you. What's that? About five weeks from now. Yeah?  I called communications and had them check the license number Ferguson gave us through DMV. They called back and told us that the car was a 1949 Chevrolet four-door sedan. The registered owner was a Jack B. Grant 19-112 Beacon Street. He's in the southwest part of Los Angeles. Was a large old-fashioned residence that had been converted into a rooming house. We checked with the landlady of Mrs. Ida Fisher. He's been with me here about eight months. What time did you say Grant left this morning, Mrs. Fisher? Well, it was pretty early. Must've been around 4 a.m. when I heard him go out. He came back in again about 8 o'clock this morning. Parked his car and then he drove off with some other man. Would you happen to know the other man? No, I wouldn't. I just saw him drive off. Where does Grant park his car, ma'am? Around back in the garage. What if you'd mind if we take a look? I know. That's all right. You just go right around the back there down the drive. Thank you very much, ma'am. Now, there's two cars parked in there. The black Ford belongs to Mr. Spencer. Yes, ma'am. Thank you. And the 1949 Chevrolet, that's Mr. Grant's. We checked the car and the license number. It matched the description given us by the victim Harvey Kimbrough and the witness Sidney Ferguson. Together with Mrs. Fisher, we checked Jack Grant's room. We found nothing of importance. His clothing and personal effects were all there. Nothing to indicate that he wouldn't be back. We told the lady that we're placing the house under surveillance, and if Grant should return, not to say that we've been there. She agreed and offered further assistance. She said she'd signal us by raising a lowering or front window curtain when Grant returned. We parked down the street, called the office, and advised them we were on stake out. Two men were sent out, and they covered the back entrance. Ben and I covered the front. By six o'clock that night, Grant had failed the show. Nine p.m., still nothing. Eleven p.m. What time did they say that relief team was coming out? Around eleven sometime. Chandler and Wreckett, huh? Yeah, I guess so. Oh, I sure am stiff.  Been about twelve hours, ain't it? Yeah. Just like driving up San Francisco. Wife always makes me drive all the way. When I climb out of that car, I'm as stiff as a board. Car pulling up down the street there. Yeah. Mm-hmm. Thanks, Wreckett. Hi, Jack. Roddy, who's that you got with you? Same guy that bought you your lunch yesterday. Stop bragging. That's the house right up there. Yeah, that's right. The green and white one there. No sign of him at all, huh? No, nothing. Well, you guys want to take off? Yeah. I guess you'd make out, Rick. It's you got Chandler with you. I feel sorry for you Friday drawing this guy for a partner. Well, after seven years, he kind of grows on you. I'd like to check out the land lady before we take off. Our name's Ida Fisher, Jack. Right, Joe. Let's go, Jim. Yeah. See you later, Jack. Say hello to Chandler. Right, Ben. Have to break it. Sure is her ribs taken. Yeah. Front room lights are still on. I guess she's sweating it out with her. Who is it? Police officers, Ms. Fisher. Who? Sergeant Friday. Oh, yes. Sorry to bother you again, ma'am. That's all right. I just couldn't see who it was. My porch lights burned out. Yes, ma'am. Mr. Branch? I want to get out of his room. I don't see why he hasn't come in. I got a partnership! I got a partnership! All right. Done. He made me hide him. Lady, will you call an ambulance? Hurry. Yo. He's not dead, is he? Lady, get the ambulance, please. When did July 9th, 1128 p.m.? The ambulance arrived when Joe was taken to Georgia Street receiving hospital. His condition was critical. Despite the fact that the other men on the stakeout at the house had closed in as quickly as possible, Jack Grant somehow succeeded in jumping out a side window and making good his escape through a maze of neighboring backyards. The men at the scene began a search of the immediate area. I called in and communications got out of broadcasts on an A-B-B. A spatial detail of men and cruiser cars was rushed to the scene and a blockade's run up around the area. I stayed on and worked with Ricketts and Chandler. Under questioning, the landlady, Mrs. Fisher, broke down and admitted that Grant had given her $10 to keep his presence in the house a secret. He told us that when we'd searched the suspect's room earlier, he had hidden in the cellar. She was taken into custody. 1.30 a.m. I got a relief and I went downtown of the Georgia Street receiving hospital. Being there forward, we removed one slug from the upper thoracic region. Another one from his right shoulder looked like they could have been 38 caliber. They've been marked for evidence. How's he doing? As well as can be expected. What does that mean? It's hard to tell. Depends on how it goes the next four hours. Can I go soon? No. No, we're not admitting anyone in there. Under said it has lost quite a lot of blood. It's pretty weak. Do you need anybody for transfusions? No, it's all taken care of. His relatives have been notified. Yes, sir. Justice Mother, she's visiting relatives up in Renton, Washington. I sent them a wire. They'll break the news to her. It's not all we can do for now. Oh, wonder if I couldn't sneak in and leave this cart in a cigarette spot? I'm afraid it's going to be some time before Sergeant Prada can use them. Just leave them. I'll have the nurse take care of it. All right, Doctor. Thank you. Is there anything I can get for him? Anything he needs? No. We're doing everything we can for him. You don't think I could just look in for a minute? No, I'm sorry. Must be something I can do. You got a good prayer handy? 2 a.m. I left George's street receiving the hospital and drove back to the scene of the shooting. The search for the suspect Jack Grant was still going on. The neighborhood was checked and rechecked. Everything possible was done to find the man who had shot down Sergeant Joe Friday. It's been said that a police department goes all out, doubles its efforts to run down a criminal who attacks a police officer. It's true, but most people aren't aware of the reason. Certain elements you'd have believed that the police officer places the safety of his fellow officers above that of the citizen. This isn't true. His first day at the academy, the cadet peace officer has taught this basic fact.  I finally located Lieutenant Jack Ricketts at the corner of Coronado and Beacon Street, seven blocks from the scene of the shooting. How is he? Not too good. Depends on the next four hours. What are his chances? I didn't ask. We're not getting any place here. Nothing at all? Nothing. Something's gotta break. Chandler's still downtown and they're combing through Grant's Package down at the Eye Bureau. Did they come up with anything? Not the last time I checked, about 40 minutes ago. Got any ideas? Fresh out, you? Couldn't have gotten far. Not this soon he couldn't. Bus depots, train terminals, and airports are all covered. Iowa patrol's been alerted. Nothing so far. He's someplace close. He's got to be. I think he's holed up in town too, but where? Yeah. He's in a jam, he's had good publicity. A lot of his friends are gonna hide to welcome that. Maybe that narrows it down a little. Maybe. Let's find him. 3 30 a.m. Jack Ricketts and I got back to the city hall. We went directly to the Eye Bureau. Chandler and Powers had sifted through Jack Grant's Package. They'd drawn up a list of all Grant's known friends and associates. There were 22 names on the list. Three of them were in San Quentin Penitentiary. Two of them were doing time at the Cali Work Forum. That left 17 names on the list. Further checking showed that five of them had out of state addresses. 12 names. The list was split down the middle. Ricketts and I took six names, Chandler and Powers six. Of the 12, with the exception of one, all names had appeared in police blotter in the past eight years. Raymond Weller, Peter Denton, Horace Phillips, Henry Breen. Ricketts and I checked them. Some were in bed. Some hadn't been to bed. We were reasonably sure none of them knew that we're about to the suspect. I called Georgia Street to find out about Joe. They told me no change in his condition. 4.55 a.m. After this when we get a quick bite to eat, huh? You don't look so good. I'm not hungry. What's this one's name? Anthony Baxter, Room 23. This is it. Anthony Baxter? Yeah. Police officers, we want to talk to you. That's a fine hour to get a guy out of bed. You always sleep with your clothes on? I'll just step back there in the room. What's going on? You a friend of Jack Grant's? Why? Do you know Jack Grant? Why? Jack Grant's a friend of yours. I'm not going to tell you anything until I know why. You want to talk here or downtown? I got a right to know what it's all about.  You just want to know if I know Jack or Grant. Is that all? You want to get that code in there? I know Grant. Where is he? I don't want to get mixed up in anything. You're mixed up in it already. You know him. You know, that's a trouble, you guys. Guy tries to walk the street now and you guys come around and try and push him into a corner. Where's Grant? Look, I've been in jail and I did my time. You haven't got anything on me. Baxter, let's get this straight. We're not after you, we're after Grant. We didn't come here to push you around. We don't want you to push us around. Then where is he? I'm going to tell you something. I don't like being talked to this. When I'm not going to stand for it, I've got certain rights and I'm going to stand on them. You listen to me. A friend of mine is lying in the hospital because of your pal Jack Grant. He put two bullets in him. Now I'm tired and I'm out of his work. Where is he? All right, Ben, it's all right. It's the last time around, Baxter. Tell us where Grant is or we could go downtown. Come on, quick. Hotel Filbert, room 605. 527 a.m. We located the Filbert Hotel on North Crocker Street. On the way over, we called in and told him what we'd found. Chandler and Powers met us outside the hotel. They took up their position. Ricketts and I checked with a desk clerk and confirmed that the suspect was in room 605. He was registered under an alias. We took the elevator to the sixth floor. Room 605 is directly across from the elevator. What is it? Police officer. Watch your pants. Now keep your hand out of that pocket, Grant. I wouldn't want to shoot you. 542 a.m. Ricketts and Chandler took the suspect into custody. It was 603 a.m. and I got to Georgia Street receiving hospital B&F ward. Sergeant, how is he? He can go in. He's been staying too long. Hey. Hi, John. You look tired. How are you feeling? All right, little. How'd it go? I'm good, Glenn. You've been working straight through, aren't you? Yeah. Anything I can get you? No.  Why? Well, we still got that stolen car to find. Only the names were changed to protect the innocent. On November 7th, trial was held in Superior Court, Department 89, City and County of Los Angeles, State of California, in a moment the results of that trial. Jack Grant was tried and convicted on one count of assault to commit murder. He and his accomplice were convicted on several counts of first-degree robbery. Assault to commit murder is punishable by imprisonment for from one to 14 years. First-degree robbery by imprisonment from five years to life. The landlady, Ida Fisher, was placed on probation. You have just heard dragnet, a series of authentic cases from official files. Technical advice comes...


Guys, never guess what I just sneaked into. Guess where I am? You just put on this white thug thing and they... Asalaamu alaikum brothers and sisters, welcome to another episode of the upper-minded thinker show. Please like, share and subscribe to support our growth. For some time now, many non-Muslims have been entering Mecca and in particular the Kaaba zone where they create videos claiming to have conquered the most sacred Islamic site in the world. Initially, it was an Israeli journalist who managed to sneak into the holy land and produce videos proclaiming that he had accessed the site without fulfilling the prerequisite of being a Muslim first. This video went viral all over the world and faced criticism from Muslims and others who emphasized the importance of respecting a country's laws. Despite the backlash, the journalist neither issued an apology nor faced any legal consequences for his actions. I was here in Mecca. The dream came true. Just last month, an African-American non-Muslim infiltrated the Masjid Al-Haram, asserting that he had conquered the holy site in the name of Jesus. He achieved viral fame, but similar to the previous incident, he faced no arrest or persecution for, you know, deception or what have you. I am a god. I am the Prince of the Kings. These instances contribute to a growing list of individuals who perceive the Kaaba as a means to attain fame. However, what does these specific videos signify? How was this man able to enter the Masjid Al-Haram with a phone and other items? Let us hear from him directly. Guys, never guess what I just sneaked into. Guess where I am?  I think it's called Heram and they just let you in. No one knows that I'm here. No one checked my ID. Don't worry guys. I'm joking. I'm just about to do Oma. As-shahadu an-la, ila ha, ila Allah. As-shahadu an-la, ma-hamda, ma-sallallah, an-am-muslim. To my surprise, just like Yas, he eventually revealed that he's, in fact, a Muslim. Initially, I felt a sense of nostalgia for non-Muslims seeking fame using the holiest side of Islam. However, that sentiment gave way to joy as he concluded with the shahada, affirming his status as obviously a Muslim. Guys, never guess what I just sneaked into. Guess where I am?  I think it's called Heram and they just let you in. No one knows that I'm here. No one checked my ID. Don't worry guys. I'm joking. I'm just about to do Oma. As-shahadu an-la, ila ha, ila Allah. As-shahadu an-la, ma-hamda, ma-sallallah, an-am-muslim. Despite this good news, there are lessons we must learn from this incident now coming within the precinct of the Kaaba I. The incidents described highlight the significance of respect and sacred sight, such as the Kaaba and the cultural sensitivities associated with them. If these crucial for individuals, regardless of their religious beliefs, to understand and honour the sanctity of these places too, the videos created by non-Muslims claiming to have conquered the Kaaba for fame, obviously underlying the need for responsible use of social media platforms, such acts of deception, not only disrespect the religious sentiments of millions of Muslims scattered all over the world, but also contribute to misinformation and misunderstanding. Three, the revelation that the British non-Muslim who entered the masjid al-haram was in fact a Muslim serves as a reminder of the importance of sincerity in embracing Islam. It demonstrates that true faith cannot be built upon deception or insecurity. Both Muslims and non-Muslims should recognise the significance of genuine belief and respect for the teachings and practices of Islam rather than exploring them for personal gain or fame. Let's live it right there, ladies and gentlemen. Don't forget to be part of the show next time. Please like, share and subscribe to the channel to help us grow. Until next time,


My name is First Lieutenant Shod Feevy. I am the Executive Officer of Alpha Battery 3rd to the 265th ADA. So today we had our departure ceremony. It's really just a tribute to the soldiers and their families as we prepare to deploy overseas and it's just our way of acknowledging them and having senior leaders come out and acknowledge them as well. We are going to Europe in order to support the European Command's mission and strategic interests. We are supporting them through air defense assets. The Lease Soldiers is mostly about safety to me. It's just the idea that every soldier is going to come back in the same condition if not better than the way they came. I just want everybody to be able to come home to their families to celebrate and to be able to know that they had a purpose for what they did, that their sacrifice was not in vain and everything that they're doing has a purpose for the greater good of the world. Home and country.


Hey everyone shaper 1000 here monkey 1000 monkey 1000 Have an unboxing today This is from Brian My cousin well, he's married to my cousin, but he's part of the family. You always will be So let's open this up. Let's see what he sent us. Okay? Okay. Okay. Okay. Got an engine running today Yes, you're good very good free engine locked up Yeah Might be going on the mini bike might be You might want to keep it down Now if if I was going to keep it, I would put that big I got a Bigger Brags and stratton out there. I think the five or six horse Yeah, but I'd have to buy clutch for it because the clutch I have won't set it. It's for three horse But they're cheap. Yeah 25 bucks But anyway, let's open this out and see what he has sent us All right, let's open this up We're going to use the Corvette knife today You see that I Don't know what this is She's been waiting all day. It's a case micro case series Pelican 1010 Pelican products. That's out of towards California, USA Let me read this real quick. Okay, so I'll read this to you kind of a story time, but it's Brian's story time It says greetings from the Buckeye State. Yes, they are in Ohio or of course, I'm originally from Here's a quick YouTube friendly story for you. I Went to pick up a mower. I was buying on Facebook marketplace And when I got there come to find out the guy does estate sales and buy storage units so He was getting set up for a yard sale Had a bunch of stuff for sale in cheap Ended up getting the mower a bowling's weed eater brand new for 40 bucks way to go Joey's family, right? Yeah, and a bunch of movies I did or those the movies you put on Facebook because I did see those if those of them says I saw these and Thought these would be handy for you monkey to pack camera gear or other stuff when you go camping or out on the boat Since I was buying the other stuff he threw these cases and a few other odds and ends in for free So consider this kind of a free stuff video, which it will go under free stuff video. Yeah, and I'm boxing So Brian and Marla. Thanks guys. I appreciate it and yes, we will get some use out of these won't we? Yes Mm-hmm I think these are waterproof. Are they? Yes, these are water proof. Wow. Wow. Thank you guys. Yeah, these are gonna come in Yeah, these are definitely waterproof looks like a light down it It's not though. No Maybe it keeps the silicone in there. See the hole there. I Don't know if they're cool. Yeah Excuse me Yeah, awesome. Thanks guys. Yes, we will use these and that that is a great idea for dinner equipment especially on the boat Cute I bet these will float and find out when we take the boat out and that sinks That hasn't sunk yet, but I was scared one time down in Crystal River Some of you guys don't know this, but I have mentioned it before that we went up to Crystal River Whenever we go on the boat like Around Crystal River not so much out here on the lake because we can get to shore in five minutes Anywhere from that lake or the river, you know, but we went out So whenever we go up to Crystal River, you know, we go out of good ways and so And I always check the weather weather reports fine. Everything's good Great day for boating boaters head on out. It's gonna be a great day. We're out. We're doing some fishing Is that the day I lost my rod? Fish took my fishing rod. It wasn't the difference. We've we've been the same day so We went down like the channel and and it started while we went got something to eat We boated to a restaurant got something to eat remember You don't remember. Yes, we did. Yes That was a cross from that big huge house that was up for sale. Yeah We went to a restaurant and so Yeah, we you know, we ate and we're heading back and well We was going to head out farther and I was like the sky didn't look good and here in Florida, man It's it's worse in Ohio.  I have actually filmed it Raining in the backyard went out front. The sun was shining. Yeah, no kidding I mean pouring out rain in the backyard front yard drives by the sun now. Yeah, I was heading that way You know a few seconds later came but Yeah, that's weird.  I said no. No, I said, but let's get closer into shore, right? and we're coming in and we was just getting ready to come into a no wake zone and It just don't it just started dumping out didn't the wind started blowing and come find out later We had three-foot swallows, which doesn't sound like much, but when you're on a 14-foot John boat Yeah, that was pretty good swell So I mean it was getting bad and so I had to throttle up I couldn't if I let off the throttle I mean it was gonna swamp the waves are gonna swamp up over The bow of the boat and then you can't go too fast because then you'll hit the next one in swamp So I had to hold it steady and man. We were jumping three feet near just boom boom boom And she's up there Bernadette was having fun and there was people on some pontoons and and they had you know They're awnings up and stuff and they're all filming and they're giving me yeah Thinking I meant to do that I didn't mean to do that, but I had to do it because I had no other choice I mean cuz if I if I was stopped with a swamp, you know, I mean it's just Boom I would have hit the next wave and I would have been hit for a little boo and Man, that was scary man. I didn't have a camera rolling in cuz I had this wrapped up plastic and I was scared Good show she's trust me She loves to get that thing that things been out of water more than it's been in the water when we're on the water You've done it by yourself out here on the life and got pretty good. Yeah Wait for me.  Yeah, this I mean they just kept coming the swells kept coming and coming there You can't stop it. It's nature You know, and then finally it just eased up and just got to where it just Got really bad and we stopped I was like, man, she was like, can we do that again? No Yeah, she's like first of all, you know, I said I can't control that that that was mother nature That wouldn't be that was swells we were jumping But yeah, but yeah, I've had it real high out of the water before jumping people's wakes and Yeah, it's a lot of fun. In fact, that's when that piece of glass came out. I jumped above myself For the last time when the hole. Yeah, spring leak. Yeah, I jumped a big I Don't have the jump on video, but I do have it where I was like, oh god, look I did put that in there, but I didn't get it because you know this thing I don't want this thing flying out of the boat But yeah, so I yeah, I love jump. She's seen me jump it before. It's pretty cool. That'll be your next project in the boat Next project will be the boat and then the Toyota Yeah, well, I figure if we got the boat first then we can enjoy the boat Why you're working on the Toyota when you want a break week Yeah, I know I told him that That was my plan and we got There's a little little projects in between like the mini bike, but That's not really a project. That's a selling thing I could probably sell it right now for $200 with no problem. Yeah, because it is a running bike But uh But yeah, I ordered a couple things like the twist throttle it needs it no matter what engines won't be on you know You have to have a throttle right instead of that little break cable But it was good enough to try it out. Yeah These are cool, Brian and Marley Thanks cuz appreciate it. Thank you. Yes. Thank you very much. Yes. These are awesome sturdy Yes, these these are going to be awesome Good idea, you know to put I like the bright ones too. Yeah See it These little ones Got rubber on top too We put our mics in Or whatever, yeah, these are these are gonna handy Camry equipment like yeah, that's a good idea. Yeah Happy Easter everyone. Thanks. Happy Easter, Brian and Marla appreciate it. Love you guys and I miss you and to everyone I said hello and and happy Easter for me and Everyone else happy Easter. Do you guys too? We color nigs tonight. I Didn't get that thing That's the gonna be two years in a row.  Do you?   This one. I don't know. So I just factory reset it I forgot to turn this light out. Oh, yeah. Yeah So had something about the dropping maybe I dropped it the other day. Yeah, well When I was I was pulling the tractor it do the tires I was pulling the tractor around when I stopped and got off one if you guys saw that video I was over at the side of the house and and I had to move some stuff. I had to move that bike my sickle Well, I moved it and then I went and did something else and I heard bump bump I just set this thing on it was on the tripod But I had it just laying on the seat of her tractor and I just left the tractor idling and Her tum tum I come back and my camera was laying on the running board. So I Don't know if has anything to do with it or not. So I factory factory reset it to see if that'll help do anything, but I don't know. We'll see hopefully the Do you see I'm looking at the I Look up here a lot. You guys see me looking in the screen a lot It's not to see if I'm centered. It's to see make sure it's got analogs To make sure I'm you know, my audio is working. So that's why you'll see me looking over here. See it mama Check check check see it. Yeah analogs So anyway This is a record light.  They are late. So this one kind of Gives off like more light over here in this corner.  You know, there's a camera. There's a camera There's a camera. There's one out back. There's three out front Yeah, more don't you have another one coming? Supposedly I got a company who's wanting to send me one. I don't know if I'm gonna send it or not So I don't know if they forget or what? but I Do have a company got a hold of me kind of wanting the sponsor Sponsor me and I told him well, you know, I got to try this stuff out before, you know, I Put it on my channel, you know, so yeah, they're gonna send me a Sample thing that should be fun. Yeah, that would be fun. So yeah, we've got a lot of coming videos and More camping videos and we want to get out before it gets too hot. No, we do It's been nice. It was in the 50s last night. I'll know more on Tuesday and then we should be fine I'll set it up for next weekend Because what I want to do is get two nights because that way she came out with me for one night And I can do a solo like we always do I wanted to go check the park because I wanted to see if maybe you might want to do a solo or we could camp there one night Yeah, it costs money, but you got to call them. It's cheap enough, but you have to call you can't do it on Well, we could check it out one day. We'll check it out. We were gonna go there today. What happened? I don't know. You didn't ask. I forgot all about it. But will you ask me? What are you doing? I said, well, I'm gonna go work on an engine I said why is there something you wanted me to do or you said no go work on your engine? Why didn't you say what was gonna go to the park thing? I just thought you wanted to do your engine for Cooper. Yeah, we were gonna go to fork over We're trying to go there for a few times now a lot of time every time something happens It was probably best I stayed here today. Anyways Yeah, but anyway, so Stay tuned for more videos Give her channel visit. Happy Easter everyone. We'll see you soon. Bye. Bye. Take care mom My sister out by y'all have a great day. She better the met the man a legend. I Forgot that. I forgot one Excuse me on a recent video, I forgot to say that Thanks again, but why are you holding that blue one so tight over there? She's got both hands on it. It's cute You want the blue? Yeah I Can have the blue one. Thank you. You're welcome. Yeah, we'll share the other two He's got a twins. He's got a good idea though camera equipment So it's a great idea. Yeah, what are you gonna put in yours? When we go somewhere like on the bow, and I don't have to take that big thing over there Yeah, and I can put my camera in here It's a little fit that might We can check it out. Hey hang on guys. She wants to see if her camera will fit Okay, let's see if it'll fit You can probably put your mic in there hang on Here we go, let's see if it'll fit. Ah, you look I can take it out take it out of the case We can take these out And we can lay them in there cases just for charging but you don't need that case to charge because you can use there you go There's your mic and your camera.  Oh Thank you, thank you, thank you Thanks guys, we'll see you in the next one. Bye guys. Take care