drc500free

40 ms·

1. 481.▲
   by drc500free 8y ago

   This is a pretty informative example of how hard it is to apply GAAP accounting to tech-based growth companies. If you look at F-7 Cash Flows, you can see the struggles. In "Cash Flows from Operating Activities," you start with th
2. 482.▲
   by drc500free 9y ago

   Totally agree... Private sector just isn't going to serve people with a negative ROI and stay in business. Facebook's costs would skyrocket if they had to chase down the last 10-20% of the population necessary for comprehensive co
3. 483.▲
   by drc500free 9y ago

   Pointing to the highest performing companies that have been selected by the market is not really a fair comparison for a government agency. It's more relevant to look at what a median tech company would end up doing, if they had to lau
4. 484.▲
   by drc500free 10y ago

   The article says $70k of development costs were funded and that the app itself is free. That doesn't seem like enough funding for a secure app with proper testing, and a free app is a terrible idea if they want software that is maintai
5. 485.▲
   by drc500free 10y ago

   "New 911 communication system in New Castle County integrates a panic button, live camera feeds and an automatic 911 call through a free smartphone app."
6. 486.▲
   by drc500free 10y ago

   The link says that the vendor has 2000 customers across all their products.
7. 487.▲
   by drc500free 10y ago

   It's not $70k per customer. It's $70k in development costs. On the other hand, 2000 customers is for all of the developer's products, not just this app.