So let's put this fixed cost. So the factory retooling.

And this is where they take the stuff that breaks, and they fix it, and they put it back into circulation.

They snap together like a kid's toy.

Water cut off to thousands of people.

Unfortunately, many of us in this room are supporters of capitalist policies and market forces.

Our car is being repaired at the auto shop.

I got a cousin who's got a body shop.

Restoring old trucks with my uncle.

It's at the mechanic's. If you can't, it's okay.

And let's say that they essentially have to build a new factory every two years, or let's say they have to do major repairs to the factory every two years.

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.

I wish you'd have the air conditioning...

I sent him to Franklin and Erie.

What time's the appointment?

Can we fix it?

It's to repair the light.

Maybe if I do it on a small amount,

The troll market! The troll market?

I've been mending it Let me guess

We can do this.

I'll put the spare on and take this one back to the shop and have it fixed.

7 of the offering.

GUI cleanup and fixes

His Jag's in the shop.

So, you can fix the power?

Mannie's Motors called. Your tuneup's finished.

(Laughter)

In this market?

Hi what's new?

Hi. What's new?

The repairs are underway.

Proceed with my repair

I'm the Repairman.

Percussive maintenance?

You get your car fixed?

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

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

Cookie's house is under repair.

Bug fixes and GUI tidy up

Cleaning and bugfixing

lncredible.

Continue working on the hyperdrive.

How do the repairs look on...

It is going to the previous person who held that share.

You don't know the sequencing.