So this is the more formal definition of GDP

And I'll do a bunch of videos on margins in the future.

And the best thing that we as humans have been to be able to come up with is a market.

Ben has actually done a good job of saying the market value of his inventory, the market value of his equipment.

It'll be worth twice as much to us on the black market.

And we don't know why the market is saying that.

Well, what the market is saying in this situation, and this is actually what tends to happen where the market value or in general the market value of a company tends to be higher than the book value, is that the company is saying that this company has some type of intangibles, things that you really can't put a finger on, or touch or feel or hold.

You corner the market, then raise the price.

I want to know the size of the market.

And there's only 10 shares. So they're valuing the assets at 500,000. And this is of course the market value of the assets.

So the first one I'd like to parce is the idea of market value.

We saw in the last video that the contribution to GDP will just be this final product it will just be the fifty dollars worth of jeans and we know its value based on its market value, what people are willing to pay for it.

We're not in tijuana haggling over a blanket.

So the market cap, or what the market perceives the value of this equity is, the market capitalization, is these two numbers.

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.

Maybe if I do it on a small amount,

The troll market! The troll market?

We're willing to say that the market value of your equity is 210,000.

Peter Brabeck

Or another way of viewing it, is that this is the market's guess, or you could call it the market value of the equity.

Final value

To

Lookup value

Stop value

ECX, moreover, can become a trading platform for a pan African market in agricultural commodities.

In this market?

That's great.

If the step is negative, the start value must be greater then the end value.

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.

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

Philanthropy is the market for love.

The stock market is often called a dangerous one.

It turns out that the type of market changes everything.

But the market value or assets is essentially, what is the market saying the assets are worth?

Or 0.5 billion.

And there's a whole methodology to how one would account for that.

Slave market?

That one? Is that one the best?

By the way, what market type are you in?

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)

And all of that's great, and it's fine.

Let's say in one part of town, there's some type of a market.

The mayor's having a fundraiser.

An Orion slave market.