Now what's our mantra of this day and age I wonder?

Our liabilities are still 3 billion.

It's actually horrible.

So this is this 3 billion of equity divided by the number of shares.

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

So, remember, assets are equal to liabilites plus shareholder's equity, so if all of a sudden the market value of the equity, the market capitalization, for Ben's shoe company is 215,000... (That is the equity part right over here)

They've never made money.

I think that's 10 shares. Well that's my intention.

Sometimes called the market cap.

And I have a publicly traded price, so on any given day,

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.

Well, what's the market cap?

So another way to think about it, in exchange of him putting 400 into this corporation, he gets 4 shares, or each share is worth 100.

When they assign a 120,000 market cap there...

So that means if all of these numbers are correct, then the stock of that company is worth 6.00 per share.

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

The stock, which was valued. at 1½, now has a par value of over 9 a share.

And going price on those exchanges

But what's the situation where, let's say that on that day of trading, the share price is that 3.00 per share.

So if we believe all of these numbers, and we know that

Especially given wall street's recent financial difficulties.

So I asked the Minister over dinner,

And let's say that there are 100 million shares.

They've never made money.

Let me tell you about a truly magical algorithm called value iteration.

And I think this is very obvious to you, but let me write that down.

They're saying it's worth 5 million.

So this is interesting.

In this case where you don't have debt, they're actually saying what is the asset worth?

So the question is what makes up the gap here? when we think about the market value of the equity.

Stock Chart

He's a stockbroker.

The last closing price for Ben's stock was 21.50 share

The Tokyo stock market recorded an unprecedented loss.

So, in this situation, let's think about this situation where the stock price goes down

And it's something interesting here.

So what we want to do is multiply this entire inequality by this value right over here.

The Dow Jones average posted a gain of two points today.

We take 7.5 million from this seed venture capitalist.

What this says is look if each of those 10,000 slices of the equities are worth 21.50 then the entire equity portion is going to be what the market is valuing it at 215,000

It is a customary contraction like our

'Company.' It is a customary contraction like our

It turns out we made this pretty easy.

But before and after this round, that angel said oh, your shares are worth about 5 per share.

42 million in adjusted dollars. That's minus payload, of course.