(Applause)

So 2009 money, that's worth 1.

No more than I already gave you.

And we are operating with a comprehensive urban planning deficit.

To compound the amount of money we invest we multiply the amount we invest times 1 plus the yield.

There isn't a problem with global warming any longer, so we can you know, they're funding.

I thought we had discussed a cash discount.

(chuckles) meaning same promotion, but here in d.C.?

The probability of reaching S prime given that we started state S and apply action A.

We give a 10 discount for cash.

Will you give any discount if I pay in cash?

So it's pretty clear that if you were raising around to capital, going to friends and family or crowdfunding like Kickstarter or angel capital or venture capital or corporate partners, all kind of make sense for financing.

Discount rate

Now what can we do ?

His project was funded by grants.

The service is (Applause) fully self sustainable from its own revenues, without accessing any public funds, and the cross subsidy model actually works, where the rich pays higher, poor pays lower, and the accident victim is getting the service free of charge.

60 off.

Golden Mean

Golden sections

DivineProportion

You want to help me pull the trigger?

Pull the fucking trigger, do it!

Pull! Pull!

We could have also done it other way.

These are 30 percent off.

And it just depended on how the mathematics work out.

So why is that?

Um, I wanted to find out more about the 40,000 I get for signing up.

Pulled the trigger.

DivineProportion tool

Another way to kind of just talk about this is to get the present value of 110 a year from now, we discount the value by a discount rate.

We could have said Let y equal the discount

5 minus this 2.

The majority going to something we call the Legacy Fund.

So this was extremely embarrassing.

And what I've found is, rather than investing their money in food subsidies and other things, they invested in a school feeding program.

Because if it's a year from now, you'd have to discount it by the one year interest rate.

when the sale has a certain percentage ?

Squeeze the trigger slowly.

This trigger shoots this barrel.

And they say that the new customer gets a one time discount of 3.

And then some of its payment is today.

Take the fucking trigger now

The trigger!

Timetable Generator