I was in Southern California

(Laughter)

Audio by Bob Hates Frank

But we are about so much more.

How do you monetize that?

You found something. It can be private or public.

We have two rulebooks.

And you can see an image produced by this consortium.

I'm going to just end with a positive, nice little story.

I showed this slide to Larry Page, who just joined our board.

I'm talking about all companies.

NG

Let me write that.

So we've already made a partnership, set up through somebody from the TED community,

Then it should be plainly legal for Russell to make a remix,

CA You've got a company set up to ...

We are not selling Freedom Boxes, we are a non profit organisation.

Tell us about what Benetech does.

So explicitly for the purpose of this class, I'm eliminating nonprofits.

That can be generic manufacturers.

So that's a nice thing to keep in the back of your mind, this return on asset concept, and it's very closely tied to operating profits and the actual assets of a firm.

Thus The Pirate Bay isn't idealistic.

Minus 500,000.

So in February of 2009,

Do you want to lose weight? Do you want to triple your income?

At this moment, I knew the girls needed a way to connect with their fathers.

This was interest. This was non op income.

And then I was left with 1 million.

But in general if you take EBlT and you take out the non operating income, you get back to operating profits.

OK, because I'm going to do it very quick.

The University of the People is the first ever non profit, tuition free online University.

I'm running a business here, right?

But here you see it means very, very different things.

These kids are real pros. There were just 7,000 machines out there being tested by kids.

So here's is a system changer, and it seems to be catching.

And these metrics will tell you that.

That's an important fact, because it tells us that in 40 years, the nonprofit sector has not been able to wrestle any market share away from the for profit sector.

But it doesn't have to be that way.

Now ours is just one story.

So, One Laptop Per Child was formed about a year and a half ago.

We have wonderful design tools, and more and more are added up here.

So in the for profit sector, the more value you produce, the more money you can make.

Essentially you can almost fueled on interest to the owner of the Mortgage Backed Security.

It's an apartheid, and it discriminates against the nonprofit sector in five different areas, the first being compensation.

They had an audacious idea.