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Epstein bank, i would say probably deutsche. that seems to be their clientele. the fact they took him out as a client, keep in mind, he was looking for a bank because jpmorganchase wouldn t be business with him. the fact that deutsche took him on said something and they ignored the suspicious activity. the positive element is when you read the story, it s very clear that this story is coming from people inside the bank who don t like this aspect of their own bank s business. no. this is what happened. the banking compliance folks do their job. these are hardworking americans who are carefully dratrained. they tried to raise the concerns. what happened? the upper crust people at the bank decided it was worth it to them to take on this business, to do business with any rich person whether he was involved in lawful activity or really unlawful and immoral activity like mr. epstein. i think this should hearten us ....
Diligence the deal and he can reach out to the company and engage in a conversation and what we re seeing is those conversations will start on the platform and they ll be taken offline. right. if he decides to invest he can invest in the company in under 15 minutes. that means that he s going through banking compliance he s going through accreditation, he s signing his documents in the platform linking the bank account, transferring money. this is all stuff that used to be done by a securities lawyer and by a paralegal that would cost $250 an hour for a good paralegal and five $500 an hour for a good securities lawer. this can be done at a fraction of the cost. you had to spend a lot of money and time so congratulations. yeah. thank you. it s not a lot of time to deal with fnra but it s fun. thanks so much for coming on and talking to us. thank you for having me, j.j. it s been awesome. ....
And what we are seeing is the conversations start on the platform and will be taken offline. right. and if he decides to invest he can invest in a company in under 15 minutes. that basically means he s going through banking compliance he s going through accreditation and signing his documents on the platform linking a bank account, transferring money. this is all stuff that used to be done by a paralegal that would cost $250 and $500 for a securities lawyer. we do it at a fraction of the cost. right. i know you had to spend a lot of time and money in order to launch your company. so congratulations. yeah, thank you. it s not a lot of fun sometimes dealing with but it s very important to do it right. consider flashfunders creating an industry standard. thank you for coming on to talk to us about it. thank you for having me jj. it s been awesome. still to come the small business question people keep asking. how do you monotize social ....