zd4akaq85a

How cheap do you think room, board, and medical care should be?

By the way, for comparison, Medicare spends $10k/year per beneficiary in Florida.

Ok, sure, you can add in roads and it will change the numbers in a small way that will be irrelevant to the thread. You can spend an infinite amount of time making rough estimates more accurate, if that's what you're into.

Florida's GDP is $748B. Suppose 1 in 300 people in the state are mentally ill enough at a given time to warrant living in a mental hospital. If that costs $1B, about half as much of the economy would be spent on them (per capita), compared to the general population. Seems very reasonable to me, without any more specific numbers to go on.

To throw out another number for comparison, medicare and medicaid together cost about $50B / year in the state.

Independence Day, a blue-blooded American Hollywood Film if there ever was one, is also all about unity.

Granted, I don't think many engineers are making out with seven figures here, but they should be making whatever their shares were supposed to be worth at the most recent valuation. That's if they joined after the last funding round, more if they joined earlier.

I feel you just haven't proved your claim given the numbers. Even if the last round's investors were guaranteed a 3x return, that only takes up $1B of this $3B.

Really, you are claiming that if a company raised $570M and sold for $3B, the common shareholders will get screwed? Do you have some information we don't? The publicly reported valuation at the last funding round was $1.4B. Those would have to be some impossibly harsh terms to not leave well over $1B to the common shareholders.

I have a hard time calling the result of negotiations between the single cartel of teams and the single (probably less-skilled) cartel of players a market.

This explanation sounds believable, but I think it's important to mention the basic math of the salary cap:

NFL salary cap is $155M across 53 players = $3M/player

NBA salary cap is $95M across 14 players = $6.7M/player. But actually it is a soft cap so the teams can spend a lot more in extreme cases.

MLB has no salary cap.

An Uber engineer at a conference said that none of the open-source NoSQL systems could handle their load, and they they had to heavily hack one of them (which I think was Cassandra but the memory is vague) to get the last bit of performance out of it while they were building Schemaless.