4 ms·
I was with you until the "only 20% margin" bit. That's a great multiple for most industries that aren't software. On here, we all think that's horrible, but f
by nemesisj 13y ago
I was with you until the "only 20% margin" bit. That's a great multiple for most industries that aren't software. On here, we all think that's horrible, but for a non-software business, that's great. I guess you could argue that health insurance should in practice be as scalable as software and is essentially a software business, but we all know it's not, at least not today.
- ck2 13y agoIf they take in $100 Billion, that means they can pay out $80 Billion and still have $20 Billion in profit. You think $20 Billion in profit is going to hurt them? Do you actually think the callcenter and data processing jobs are going to be in the USA? I would bet there is absolutely no law requiring those jobs to be domestic.
- nyarlathotep 13y agoNo, they can't keep the whole 20 billion as profit. They still have to pay for administration, marketing, etc.