The troll market! The troll market?

We want to be careful about what our sales curve looks like.

It's a bit technical.

It turns out that the type of market changes everything.

Now, it turns out that what the hockey stick really represents are startups in a new market.

So when they took a look at this day one canvas, the teaching team first said

We talked about the jobs to be done. We talked about pains. We talked about gains.

Now the last thing I think I really want to mention and it really does belong in this lecture is the affect of market type on revenue.

These folks are the moneyed interests in Iran, the bankers, the oil people, the bazaaries.

I will go to the market.

I will go to the market.

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.

I'm still at the market.

And this calculation, this multiplication of market price per share times the number of shares this is called the market cap

lifecycle adoption curve popularized by Geoff Moore in a book called Crossing the Chasm.

Another is where you take a segment or re segment an existing market.

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.

So I'm gonna release some e book,

The stock market is often called a dangerous one.

And the best thing that we as humans have been to be able to come up with is a market.

That one? Is that one the best?

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.

They say, that is unbelievably expensive.

Now what does that result in their valuation, or in terms of their market cap?

There is a market in the town.

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.

He breeds cattle for market.

This is a new device that is essentially doing that.

So this is some laptop that's on the market.

But in most teams if they are technology driven, they tend to start on value prop and most teams if they happen to be marketers or business people, happen to start with the customer segments.

So in summary, the questions you want to ask are how big can this be, how much of it can we get, what's the growth rate of the market, is the market itself declining or is it in flux or is it taking off? and most importantly here is talk to customers and the sales channel, and next important is you can get some pretty good market size estimates by competitive approximation if it's an existing or resegmented market, or even if we're going to clone a market outside the US.

There is a huge number of applications of artificial intelligence in finance, very often in the shape of making trading decisions in which case, the agent is called a trading agent.

Currency and bond markets are relatively calm.

And we said at 1.70, people are willing to eat two million cupcakes in a year.

I mean, Adam Smith, already writing in the late 18th century, said,

Agent Sherman, we are going into the troll market.

But there were also some external factors free markets, the rule of law, infrastructure.

Maybe if I do it on a small amount,

Slave market?

When they get a hankering for some treats, we actually allowed them a way out into a little smaller enclosure where they could enter the market.

You want to identify who your customers and markets are, and you have, but you now want to size the market,

And this year, simultaneous to the release of ENCOM OS12, we will be making our debut on Tokyo's Nikkei Index.

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

You've now heard I want to go listen to Benny Goodman some more.

So here I have our abstract syntax tree for our market.