I respect Aaron a lot, but that's an unhelpful comment. An investor is trying to think through a fair valuation. If we can't value off of the horse & buggy ma

I respect Aaron a lot, but that's an unhelpful comment. An investor is trying to think through a fair valuation. If we can't value off of the horse & buggy market, then what are we going to? Henry Ford's H&D (hopes & dreams)? I think for any company, especially those attacking an established industry, that those markets that have a higher probability of being attacked should be valued higher. So yes I would say the horse & buggy market, at that time, SHOULD comprise the majority of the valuation for Henry Ford. There are other use cases that could be imagined, but I'd discount heavily. Then as time goes on, and people start figuring out NEW uses for cars that were not even possible with horses and/or expanding the market, then we can begin weighting those components more heavily. Eventually, the horse & buggy portion will be a minority part of the valuation.