So these people are asking for a slightly high valuation. The basic concept isn't terrible though. <a href="http://usgovinfo.about.com/library/weekly/aa072602a.htm" rel="nofollow">http://usgovinfo.about.com/library/weekly/aa072602a.htm</a> gives some numbers for average lifetime earnings. People with professional degrees earn over a lifetime an average of $4.4 million. Sure you need to calculate a net present value of that, but it's possible to estimate someone's potential future earnings.<p>Then you can pick a portfolio of people who you think will perform above average, in a variety of fields to hedge your risk, and provide advice and mentoring and....