1. Larry has a lemonade stand that earns $5 per year. He sells the lemonade stand to Simplicio for $366. In how many years will Simplicio recover his $366?2. What is the average lifetime of an internet company, in years?3. If the answer to Question 1 is larger than the answer to Question 2, then is Simplicio a fucking idiot, or what?
Suppose the stand had the best lemonaid in the world. It grew and diversified it's product line. Soon revenues were 500 milion per year with high margins. Get my point.
But it didn't happen. Earnings have been flat for four quarters now. The correct answers were "69 years," "7 years," and "a real idiot."