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The title is nonsensical. The company's clients have 50 billion in revenue so that makes opengov a 50 billion dollar company? By that logic the food caterer to
by forgotAgain 12y ago
The title is nonsensical. The company's clients have 50 billion in revenue so that makes opengov a 50 billion dollar company? By that logic the food caterer to Apple is a 100 (?) billion dollar company.
Prior to reading the article I thought the main purpose of opengov was to help local governments facilitate open access to their data. When I have come across a government that uses opengov it is in reality more of a gate keeper. Adding another level of control to government data rather than letting citizens have direct access to the raw data.
The change in focus to internal use by governments could indicate a lack of money being spent for the original purpose.
- mikeryan 12y agoI had the same issue. 50 billion is used interchangeably in the most nonsensical ways. (Hey! its a 50 Billion dollar industry! we capture 5% of that and we have $2.5 Billion in Revenues!) 1. $50B startup (ie market cap) 2. $50 billion customer list (whatever that means) 3. Customers with $50B in Revenue 4. Customers with $50B in spending budgets.
- briholt 12y agoYou might as well just call it a "17 trillion dollar company" to claim credit for the entire US GDP.
- jgalt212 12y agoYou're hired! -Ben Horowitz