The reason why you are willing to pay a higher Price to

The earnings I just said, this is actually what happened to the company.

And actually, this guy, even if the top line, even if the revenue grew the same and the operating profit grew the same, because of his leverage he would actually grow a

And so I'm left with net income of 350,000.

And you're going to pay a lower Price to Earnings ratio if the company isn't growing.

And how they were going to create demand was through search ads, social media, stadium promotions.

This is really important to pay attention to, because so many people say, oh, a company made this much.

Travel agencies' profits soared.

The company's profitability improved.

So a plus b have to be equal to 50.

But if you look here, by giving the same price to earnings, because they're the same business.

Profitable.

You knew this man.

The company's profits soared.

If I'm paying 10 today for 2 of earnings in 2009, the Price to Earnings of 5 for Company A.

Invest financial assistance, but also management assistance.

And we can eyeball it right here.

Maybe Abby made 50 and Ben earned 0.

We all know if you've watched the present value videos, money in the future, earnings in the future are worth less than earnings today.

Because when someone says earnings, are those the earnings last year?

And what's left over for the equity?

If you kill innovation in fundraising, you can't raise more revenue if you can't raise more revenue, you can't grow and if you can't grow, you can't possibly solve large social problems.

So let's look at them over the course of one year.

So notice.

Everything on this line would be a valid combination of

Again the only way to figure this out is being able to interact with tens or hundreds or thousands of customers so you finally understand what the right revenue streams and revenue model is.

If we have more profit,

ladies and gentlemen, does not create wealth for them.

Abby earned 10 more than Ben.

And why don't you like them as much?

So the price would be 100.

Another type of revenue model is licensing.

So let me switch colors just to ease the monotony.

And they were male and female 18 30 and they were casual fans.

But then when you look at the current earnings, they look similar.

So let's say we're looking at this on January 1, 2009.

Let's say that we don't know that they're truly equal.

We stopped looking at him as a problem, and we started to look at him as an opportunity to improve.

One of 'em makes people glow in the dark.

And the first one is that this whole idea about revenue stream, Steve, I get it.

They're all jumbled up as just kind of the company is making this much money.

But it might be to explicitly control the yield curve further out, so that the borrowing cost for longer debt goes down, so that the yield curve looks something like that.

What does that tell us?

It's just a faster way of saying

He got his chance to succeed.