What's also interesting, if you look at products that have a high component of what you might call messaging value, a high component of intangible value, versus their intrinsic value

They are worth more than we are.

Some of them have a lot, some of them have a little bit.

Up rounds are when your pre money valuation of this round is more than the post money valuation of the last round.

In this case, you're saying that the equity in this company is worth 189,000.

Why is that?

Because I am much older, much cleverer, and much less valuable

So, this is not something pretty and nice to do.

But the market value or assets is essentially, what is the market saying the assets are worth?

I strongly encourage you to make a rendezvous with Rama.

I don't care what the actual share price is.

I'm not able to tell you what is moral or immoral, because we're living in a pluralist society.

Well, I don't know what the Higgs boson is, and I don't know if it's important.

What's their approximate worth?

You know, this is actually very hopeful.

So the balance sheet is really trying to capture what your asset is worth at that point in time.

Which is that, actually, first one, all value is actually relative.

And the answer is no, it isn't. It is somewhat inconsistent.

little abstract here, but I really want to hit this point home because a lot of people, I think, are still under the notion that somehow something is somehow tradeable for gold, that it is of a sounder currency, while if it's an obligation of a government with a very dynamic economy, but not gold, it's somehow backed by less wealth, but I'd argue that this is actually a more profound amount of wealth.

You know, the only thing worse than a thief, bendel?

Oh, they're similar businesses.

So over here, let's say you did it right at the beginning of the year, the asset's worth 500,000.

If a thing is worth doing it is worth doing badly.

You almost have to mute your frame of reference.

Trust me when I tell you that.

Not so in Italy.

So according to the accounting, this equipment is no longer worth 500,000.

so that when they cross rivers they can get across by themselves.

Yeah, these are kinda cliché. So, but, this one is so much fun, that gt gt gt laugh gt gt gt this one's worth seeing.

System integrators, not only supporting, servicing, and integrating your products but potentially tens of others.

With the appropriate definition of value, we would get the following formula, which is 77.

Money is worth more than everything else in the world!

And then at the end of 2010, it'll say the machine is worth nothing.

I should very much like to go, Miss Crail.

We just made it explicit.

You can either live in a world which is poorer, which people in general don't like.

We have taken these positions because we believe that freedom and self determination are not unique to one culture.

It's gonna be worth its weight in gold.

This is all a little bit of hand waving.

Here in Sardinia, the older you get the more equity you have, the more wisdom you're celebrated for.

And you take out the liabilities, this is what the assets are worth according to the accountants.

The issue is, at that price, can you give them some extra value?

Whatever we call it, Goldman Lynch or Lehman Sachs.

Why would Bob even want to accept Bitcoin in the 1st place? after all, a Bitcoin is just a bunch of numbers. What intrinsic value would it conceivably have? amp amp it turns out quite surprisingly

Worth killing for.