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Comment: Re:Overpriced? (Score 1) 136

by MellowBob (#46295267) Attached to: How Jan Koum Steered WhatsApp Into $16B Facebook Deal

True, but this is at least partially developed and Facebook isn't creating something completely new, although integrating the technology into FB might be the "developing". This might be more like the 10 store strip mall being turned into the Mall of America. FB is paying the full price for Mall of America just to get the revenue of a family run property.

I don't see how they can increase the revenue 100x or more (using the real estate metaphor) as I'm guessing the data mining from that would overlap their current business. My current ability is only getting 10-20x on CD, DVD, and toys; and that's why they're the media empire billionaires.

Comment: Overpriced? (Score 0) 136

by MellowBob (#46294543) Attached to: How Jan Koum Steered WhatsApp Into $16B Facebook Deal

In residential rental real estate, the rule of thumb is monthly revenue of 1% of the property or annually, 1 eighth of the property's value. The biggest companies like Exxon, Walmart, and Apple have a revenue to value ratio close to 1:1. Their last year's revenue is one thousandths of the purchase price.

Hey, Facebook, give me a million bucks and I'll give you 1,000 each year. Heck, I'll double it, $2,000 next year.

Comment: Wait a Second, Fanboy (Score 1) 296

by MellowBob (#45672657) Attached to: Six Electric Cars Can Power an Office Building

Why not just buy the batteries and charger and skip the cost of the car?

Depending on source, Japan's electricity cost is 50-100% higher than the U.S. At $20k per car and the above $800/yr per car saved (In U.S.$400-530), what is the return on investment per year (this question doesn't include upkeep like maintenance cost of the car)?

How fast do you wear out the batteries due to the increase of charge/discharge cycle?

Comparing the savings of time shifting usage with approx $120,000 cost of the cars, what could the same company do to reduce consumption using $120,000 to reduce energy consumption (therefore reduce amount of the evil CO2 created)?

How many mile will you loose if if the cars are used for commuting?

Would have posted on the original site, but my login cookie gets blocked.

Comment: Re:FTFY (Score 1) 329

Cell phones were cheaper with many millions of land lines not laid. The fiber or copper for the cell towers would have been used anyways as part of the land lines so were fixed cost anyways. Oh and other countries/charities also gave them money. Now we tell them to place millions more solar panels and windmills and hundreds of natural gas plants as low supply backups.

Yeah, you can jump to 100% clean energy too! Just pay triple on your electric bill. You even can jump to an electric car for only another 6k above the gas model. So, money on green power or money on a Obamacare plan cause Ocare law let the your insurer drop the plan you wanted to keep? They get the choice of clean energy or food.

Comment: China Building a 0.5 GW coal plant weekly? (Score 1) 329

And more in 10 other Asian countries. This is a twofer: Let's loose money by not making loans on a nearly fool proof business model and let those countries become ignore the U.S more for their new friends who will do what they want and we don't!

The Bloomberg link is broken. Here's a another, with misleading headline:

Comment: Leftover jobs (Score 1) 674

by MellowBob (#45036531) Attached to: The Luddites Are Almost Always Wrong: Why Tech Doesn't Kill Jobs

The problem of more tech is that the new "jobs" are further and further from the source of value/product creation. Each of these new jobs give diminishing returns on useful output and therefore pay less. It's like a private sector "jobs" program, but one that requires more and more irrelivant $100k degrees.

I'm one of those right wing nuts that yell, "Get a job, slacker." but there's less to be had and we will need some kind of mandatory, permanent payments for those who do not work.

Comment: Re:Selective Memory (Score 1) 440

by MellowBob (#44339233) Attached to: How Climate Scientists Parallel Early Atomic Scientists

We always think Doomsday is always around the corner:

And we ran out of oil. The ozone's gone. We're in a nuclear winter. " ... In the 1970s hundreds of millions of people will starve to death ...". I guess Paul Ehrlich was right. The sky fell.

I'll keep my "end is upon us" sign in my closet for now.

"Just the facts, Ma'am" -- Joe Friday