4 ms·
You wrote: low capital costs to produce something I don't understand that phrase. Probably a large team of very well paid engineers developed this product
by throwaway2037 3y ago
You wrote:
low capital costs to produce something
I don't understand that phrase. Probably a large team of very well paid engineers developed this product. Bloomberg is well-known in the industry for paying well. "[L]ow capital costs"? This software probably cost millions in salaries to build, and millions more to maintain over the next 10+ years.
- vsareto 3y ago>You wrote: low capital costs to produce something >I don't understand that phrase. You don't need a big factory with large capital costs to make or distribute software. You're only paying people, and salaries are not capital investments.