I lost $1.5 million investing with Ty Lopez. And recently it came out that the SEC is

investigating his company for Ponzi-like activity. In this video, I'm going to share with you

why I invested. I'll tell you what the terms were. I'll tell you when I realized that something

was wrong. I'll tell you when things started to fall apart and ultimately

I'll answer the question, is Ty Lopez going to jail? I don't want to make this video. I already

know that people are going to tell me that I'm an idiot for investing in Ty Lopez's company.

My friends have already told me that I'm an idiot for making

these investments. It also brings me no joy to throw shade at someone that I have known for a long

time. It brings me no pleasure to tell you about the dark times that I went through as a result

of losing my largest ever investment. But as a

result of this very dark chapter of my entrepreneurial career, I learned what not to do when

evaluating a deal. I learned that I too can get caught up in hype. I learned that I too can get blinded by short-term interests

at the expense of what makes sense long-term. I learned that I can ignore red flags. And I hope that as

a result of making this video for you, I help you avoid some dumb decisions in your future.

Let me start with what might be the most controversial part of this entire video.

I think that Ty Lopez is a kind person.

Even after losing my entire investment in his business, I still think that he is a good

heart and has good intentions. I met Ty Lopez way back in 2011,

back before he was famous, back before here in my garage. I met him at a diner in Los Angeles in

2011. And I did not like him at first. I thought he was brash and kind of arrogant and did not like him.

But over time, he won me over. He was present with me. He was genuinely curious.

He genuinely went out of his way to help me. He took an interest in me. He was supportive of my

...