It matters to some degree for trading purposes.

Well number 1 is you could post it to the forums, and we'll select the best presentations and put them on Steve's blog.

By now, you're intimately familiar with the business model canvass.

They write these research reports because they want to go to institutional investors or people who have their brokerage accounts with these banks, and essentially sell them stock.

But he said you know Nempo...

No major investor will consider us.

And then this syndicate of banks, led by the lead underwriter, will then sell it to their brokerage clients.

They're valuing these assets at 1 million.

As investors flee

And that seems like a pretty reasonable proposition.

Now we finally come to the last part of the business model canvas.

We still have earned and paid media driving customers into the funnel.

And I'll show you why that matters in a second.

Big investors.

So let's follow our Jersey Square team down and see what they've done for customer relationships.

Just Manic Enough.

He valued what we already had at 5 million dollars.

So in our last lectures we talked about value proposition, customer segments, distribution channels, customer relationships get, keeping and growing customers.

So in the end, I went after private investors, just gave up on it.

So you can imagine, this is the actual amount of cash that

This is the total actual value.

Abstractile

Substrate

By the way before we go forward, this is one point I want to mention.

Let's take a look at now the web mobile funnel.

Wouldn't want the trust fund to run out, now, would we?

And in value proposition, the goal of this is to find out that minimum viable product.

Once I understand who my archetypes or persona is, the next thing I want to figure out is how do I get them in to this funnel.

On the equity side of the equation we just have four million shares.

He just spliced into the circuit with a rheostat.

So on day one, these were their initial hypothesis coming into the class.

If there are investors willing to finance

And we start getting to the negotiation.

So this is my slice down here, 200,000.

So let's say he convinces investor B to join in.

I think it was at 7.50 a share.

And we allow entrepreneurs to share a percentage of their revenues.

And of that share, we have 2 million shares outstanding.

As investors choose to become involved based on those terms, they can either take their rewards back as cash, or they can decide in advance to give those returns away to a non profit.

In customer relationships all the get keep grow metrics, some of which we talked about, some of which you'll discover, what were the customer acquistion costs?

Now if you remember we started here on the left. We didn't earn and paid media.

We all work on little laptops and try to move desks to change the way we think.

Or are you trying to get an intuition for helping to become a better investor?

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

He had originally given us 5 million.