The Fink…
Hillel Levine had known David Kavitz since childhood. They had been friends for a long time but Hillel sometimes thought that it wasn’t a very mutually beneficial situation. Hillel was always trying to involve David in positive situations, but David didn’t act the same way. Hillel was a lawyer who specialized in Real Estate and Corporate Commercial work. David was the Chief Executive Officer of his family’s hedge fund.
There was an incident that happened five years earlier that still bugged Hillel. It had to do with a stock deal. David was an early supporter and investor in a company that created a new gadget. It would revolutionize life in the kitchen. It was a device that used a laser to open cans but was safe to the human touch. It had never been seen before for home use. The other applications for the laser technology was very exciting. David had looked for investors to get the manufacturing process started and he talked to family and friends but didn’t say a word to Hillel. In return for putting in ten thousand dollars, the investors were promised a four percent stake in the company. Ten guys had invested and the hundred thousand dollar stake started the ‘’Kitchen Laser’’ roll out.
The Kitchen Laser became the hottest commodity on the market and within six months it was bought out by a multinational that had a listing on the New York Stock exchange. The stock soared and within the year the ten…