And the few people that are selling them, they're usually selling them when they are distressed in some way.

So the first thing when you sell a widget is you make it and you just sell it.

And the reason why they're the sell side is because they're always selling you stuff.

Sell, sell, sell.

And then the next question, obviously, is who are they selling ads to?

The plot at 11235 Fibonacci Drive has a width of 50 meters and length of 20 meters.

Well they are.

The way the TV industrial complex works, is you buy some ads, interrupt some people, that gets you distribution.

It was called the Sinclair ZX80.

But this is, of course, an optimistic scenario. Let's think of other scenarios.

Your Majesty must pay. It must be bought.

Because when this last piece of debt came due, it couldn't sell its CDOs for enough money to pay off that debt.

He's like, you know what, we have to match his prices.

I'm just going to say that they can't sell any of these assets.

We first started distributing and making physical products cars, food, utilities, etc. and we distributed them through direct sales force that is people you shook hands with, look in the eye and met.

This is the boat that that lady was paddling around in, and this artisan makes the boat and the paddles and sells directly to the people who need the boat and the paddles.

You know, the average grocery store today offers you 45,000 products.

And then the bank sets up a special purpose entity.

But this time, we have resellers and the resellers don't work for us.

Frankfurters were first sold in the United States in the 1860s.

And then everyone quit on us. We have absolutely no distribution.

Apple did a great series of ads about this.

Is this a business? Are you selling Freedom Boxes to make money?

We will be coming through with Hazas which are available for purchase for 4 dollars.

It was pointed out to me that socks.com actually is not a fictional company.

The tickets for the concert are on sale here.

If it's not that favored of an IPO, maybe you might get a call as well.

The company issued another 2 billion shares.

We should be charging for it from day 1, or Wait a minute.

We are going to give all that stuff to companies and those companies will then sell these boxes.

This is telling us that if the selling price increases, then this will become a larger negative number so we're going to sell fewer, we're gonna sell a smaller quantity.

(Laughter)

Marketing, sales, and then G amp A you'll sometimes see.

Well, the first thing you might want to think about is, can I un bundle some of the stuff in my startup that I tried to package all at once.

And then this syndicate of banks, led by the lead underwriter, will then sell it to their brokerage clients.

They provide distribution and accounting, bill collection, etc.

And so this is what this looks like.

This scatter plot shows for Berkeley California for a period of time the data for each house that was sold.

He was entrusted with the sales of computers.

You can get anything you like for eggs in America.

Orange Cards are available from the conductor.

In a physical channel, a direct sales force are sales people that work for you directly and typically sell directly to the end user.

That machine is, today, about as fast as my iPhone.

In other words, how are we going to make money?

So what the bank will do is it'll take these shares and then it'll sell it to the general public.