so many networks all in one place. get live tv whenever you want. the xfinity tv go app. now with live tv on the go. enjoy over wifi or on verizon wireless 4g lte. plus enjoy special savings when you purchase any new verizon wireless smartphone or tablet from comcast. visit comcast.com/wireless to learn more. scott walker is now raising money based on what he sees as dumb and intrusive questions from reporters saying in a fundraising pitch that he wants to fight back against the clueless and mindless journalistic herd. it sparked a debate over what is it being called the gotcha debate. there does seem to be a double standard.
to beat president obama? reporter: 20 years ago, incumbent president george h.w. bush apologized after referring to the clinton-gore ticket as the two bozos. he told me he was conjuring the voice of democrats who don t take romney serious enough and added he regards romney as formidable candidate. john: there was an unusual fundraising pitch by the president today. what can you tell us about that? reporter: he was aboard air force one friday night returning to the capital. he used a special phone that the campaign pays for to speak to group of prior donors. the truth is that the early money is more valuable than late money the president told the donors. it s fair to say if we wait to the last minute we could be in for a rude surprise. i have gray hair, he added. people are disappointed because they had a vision of change happening immediately and turns out it s hard. one of the callers recorded
money. ed henry is live at the white house with more. ed, governor romney raising a lot of money well, the president raising a lot of money. it looks like governor romney is going to outspend him. that s right, shep. president on a two day fundraising swing. he was in boston last night. today down in atlanta as well as miami right now. the bottom line is that he put out a fundraising pitch to his supporters today in writing the president saying in the modern history the first president outspent by his challenger. some of his aides think that mitt romney may raise $100 million this month alone on top of republic super pac money swamping democrats right now. that s why the president at a fundraiser in atlanta said this will be uphill battle. theyal say, you know the economy is bad and it s obama s fault. [ laughter ] and because times are tough and because they re spending these ungodly sums.
most used to, is revenue sharing. you actually get something back if you choose to invests in a company. okay. how do you do that? there s a web site? it s called pro-funder.com. there aren t a lot because of regulatory reasons. they only deal with incorporated businesses. second, come up with your idea. i have an ecodry cleaner, i want to go to five locations. you want to write up your fundraising pitch to put on the web site. one of the big things you have to sort out is a term sheet. and basically that s what do i give you? you give me $1,000, what do i give you? in this case it s a portion of revenue. the maximum time period is five years. i could say, if i raise $10,000, i m going to give 10% of my revenues to my investors for three years. and that s how it works. when i say i m going to take money from you, i say, okay, you re going to get 2% of my revenue from 2012 to 2014? there s the risk for the investor, right? there could be no revenue. this couldn t be might no
recovery. a new fundraising pitch by a former president involves a trip to new york. we explain in the grapevigrapev. straight ahead, president of afghanistan gets the red carpet treatment in washington. [ female announcer ] sometimes you need tomorrow to finish what you started today. for the aches and sleeplessness in between,