$120m Local S.E.C. seizure & some 'dumb-money' kitchen product ideas

IN THIS EPISODE

The S.E.C. took $120m in assets (first position performing owner financed real estate notes) from the founders, shut down the private equity fund I used to work at, and handed them over to a specialty law firm to divest... giving the fund's investors pennies on the dollar. Here's the formal S.E.C. complaint for you legal nerds out there 

Butter Knights hold butter knives upright over the butter tray (with flair!) so that your messy knife doesn't have to be awkwardly balnaced on the butter tray edge, or unnessesarily washed a million times.

Silicon Suction Stir-Spoon Suspenders is a rip off of a common way to hold a tooth brush. Instead, someone should make tens of thousands of these in China and sell them as spoon-holders that would suction to the side of the fridge or coffee pot, etc. I liken it to these fancy toothbrush holders on Bespoke.

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