One is existing market.

We're going to go after these set of usuals specifically, and oops, you are wrong.

And so, that information is so crucial, because they are able to also send money back that's feeding these markets, and telling their families about the outside world.

I'll focus on the market development for 1999.

So, our sales curve in an existing market literally should be one of taking shares.

Oh, spare me!

So, in a nutshell, what we had in traditional Africa was a free market system.

He's taking a turn for the worse.

Above government, above markets was the direct rule of the people.

And so you have this generation that is called the Jangmadang, or the market generation , that grew up in the '90s, relying on the markets.

The troll market! The troll market?

One of the things I just want to reemphasize because we mentioned it earlier is the difference between single sided markets and multi sided markets.

This afternoon the weather is going to get worse.

It's growing.

What comes from technical insights are making things more efficient or smaller or faster and sometimes lower cost and simpler.

We call it Cool Carpet.

Matters are getting worse and worse.

And so you could see multiple customer segments, multiple value props, multiple revenue streams this is a somewhat complex multi sided market.

And in fact, there's a thriving market in the partially eaten food of beloved people.

If you're doing a clone market that is copying a US business model in a foreign country, that probably is the second closest to immediate profitability because you know the market exist that you just need to implement it in your local country.

Operation Vigilant Resolve 5th day

There I learned different things.

It's not a funny joke, but it really illustrates the level to which people placed an emphasis and relied on these markets to survive.

And in fact they created an entirely new market that solved problems that customers didn't even imagine until they actually saw this new device.

And we're seeing a shift powered mainly because of information technology a shift in market dominance towards the emerging markets.

And these are the same people now, they're very adamant, that says, oh don't believe the market price.

Like its agriculture,

And people always give you the same permutation of the same three things under capitalized, the wrong people, bad market conditions.

And they decided to go not only for health and education, but also starting to grow their economy.

He's got a top hat.

It's an assumption that modernity is a product simply of competition, markets and technology.

I will go to the market.

Ben has actually done a good job of saying the market value of his inventory, the market value of his equipment.

It was really bad news.

There are no competitors if you're first and the risk is misjudging the local news.

Year 3, it might be flat.

And conditions deteriorating rapidly!

Another type of dynamic pricing is real time markets.

General, getting a vision. It isn't clear.

So I'll pay 2 per share, which is a little bit of premium over the market value at the time, which was 1.

Well, what the market is saying in this situation, and this is actually what tends to happen where the market value or in general the market value of a company tends to be higher than the book value, is that the company is saying that this company has some type of intangibles, things that you really can't put a finger on, or touch or feel or hold.

Well, the need to avoid these huge risks and tremendous losses

This is worse.

The strengthening of competitiveness on export markets is an urgent need.

We were risk takers, of course.