That's essentially the market's sense of what this number really is.

But I think the truth is the exact opposite.

Xigi is a new community site that's built by the community,

So 26 minus 23 is equal to 3.

If it had 10,000 shares, and actually both of the shoe companies had 10,000 shares, then the market is essentially valuing the equity of Ben's shoe company at 215,000, even though the book value of the equity was 135,000.

This market has hurt even the best of companies.

Because when the company needs to raise money, that is used as kind of the fair market value of a company's shares.

The mayor's having a fundraiser.

Remember, there's a difference between book value and market value.

Well, it's interesting.

A debutante ball.

So what you do is you multiply these numbers to figure out, what is the market value or the market capitalization of the company?

The parent company, Wometco, is one of the strongest in the petroleum market.

And that is the real network effect.

We have three critical terms economy, civil society and the state.

This is my legacy.

By applying the same price to earnings, we're saying that the market value of this equity is 210,000, while the market value of this equity is what was it? 189,000.

How are we going to do these attacks?

Fan ducts for airliners.

Another way to think about it is, if the market is paying 12 million per share, what's the market cap of the company?

If things worked better because you actually had somebody organizing them, you had firms, if you wanted to be in the market or you had governments or sometimes larger non profits in the non market.

What do we learn from that?

Many firms are competing for the wealthier segment of the market.

Even if everyone at my firm has good skills, if the workers at the suppliers to my firm do not have good skills, my firm is going to be less competitive competing in national and international markets.

And we've done our models, and we think this is a 5 billion market.

Thorium policy in all western nations undermines the successful development of a domestic rare earth market.

The firm has recently diversified its products so as to extend its market.

So the third commandment I want to leave here tonight is, a city of the future has to be socially integrated.

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

The company has branches in all large cities.

What we have at the bottom of that pyramid, I would say, are random social gatherings.

And the rest of that story, you know.

Fake name, fake social.

We can also integrate all kinds of advanced technology through this process.

But it always leaves behind that 10 percent or more that is most disadvantaged or unlucky.

It's common. It's fresh.

And the way you get that is, they're saying 3 a share and there are half a billion shares.

Valuation is just what you think it is, you know?

We met at a certain place in the city.

And that urbanization is extraordinary, accelerated pace.

The company is turning to export markets to make up for a decline in domestic sales.

But when the market value, or the market cap, is below the book equity, that's the market just saying, hey we're calling your bluff.

We became citizens again.

So, yield management is actually pretty interesting based on experience, on time, etc.

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.