I don’t think he even knows. As to the original story/post - I would pay $18K right now to trade places with this guy w/out a second thought. In fact, I’d pay $36K.
Anyone who wouldn’t isn’t very astute, imo.
There are thousands of people with concepts right now that would gladly take you money. So, what are you waiting for?
I’ve been involved with internet businesses for over 15 years now. I’ve started my own (and failed), worked for PPC companies and a small internet retailer and I’ve invested money in start-ups. The $220 million investment is probably smoke and mirrors. It just doesn’t happen for what, at this point, is nothing more than a concept. It would be a different story if there was a confirmed list of members and retailers signed up. Use common sense for crying out loud.