I was in Southern California

Audio by Bob Hates Frank

(Laughter)

But we are about so much more.

How do you monetize that?

We have two rulebooks.

And you can see an image produced by this consortium.

You found something. It can be private or public.

I'm going to just end with a positive, nice little story.

I showed this slide to Larry Page, who just joined our board.

NG

So we've already made a partnership, set up through somebody from the TED community,

Then it should be plainly legal for Russell to make a remix,

CA You've got a company set up to ...

We are not selling Freedom Boxes, we are a non profit organisation.

Let me write that.

Tell us about what Benetech does.

So explicitly for the purpose of this class, I'm eliminating nonprofits.

That can be generic manufacturers.

So in February of 2009,

Do you want to lose weight? Do you want to triple your income?

OK, because I'm going to do it very quick.

The University of the People is the first ever non profit, tuition free online University.

I'm running a business here, right?

At this moment, I knew the girls needed a way to connect with their fathers.

These kids are real pros. There were just 7,000 machines out there being tested by kids.

But in general if you take EBlT and you take out the non operating income, you get back to operating profits.

I'm talking about all companies.

But it doesn't have to be that way.

Now ours is just one story.

So, One Laptop Per Child was formed about a year and a half ago.

We have wonderful design tools, and more and more are added up here.

So in the for profit sector, the more value you produce, the more money you can make.

When I was 37, I helped start a small company.

That's an important fact, because it tells us that in 40 years, the nonprofit sector has not been able to wrestle any market share away from the for profit sector.

They had an audacious idea.

So Wikipedia's owned by the Wikimedia Foundation, which I founded, a nonprofit organization.

Everybody advised me not to be a nonprofit, but they were all wrong.

How to TEDx Brand

Being a nonprofit is absolutely fundamental.

It's an apartheid, and it discriminates against the nonprofit sector in five different areas, the first being compensation.

So that's a nice thing to keep in the back of your mind, this return on asset concept, and it's very closely tied to operating profits and the actual assets of a firm.

Thus The Pirate Bay isn't idealistic.

Minus 500,000.

Last fall, we founded a non profit organisation to continue and develop our activities.