Did you read it? And this is something you do know. His own family cannot give him funds because they do not pass the criteria of being an accredited investor.
typical institutional bullshit... "Will Graves and his team succeed? The odds are certainly against them. Without a five-year track record and at least $50 million in assets, not to mention a manager with a more traditional background, Caelum is likely to attract few (if any) institutional investors at this stage in its development.: As if that is what defines success in this business. Hopefully this kid forgets all this nonsense, runs his own money and retires by 30...that doesn't seem the path he is looking to go down though.