1. You gotta start somewhere. Keep laughing at noobs though.

2. It says this person is new, and doesn’t have connections or inroads to get capital from “a big multi-manager”.

3. Sounds about right, but I disagree that the only way to go out on your own is by starting at an established shop. That doesn’t pass the sniff test.

Very likely won’t make a profit. Sure. Will it get him a job offer, connections, or experience. Absolutely.