I didn't find it gentlemanly to name names here, and wanted to let my comment be developed independently, but since my comment is already flagged, I suppose i'll make it clear the source and the weight of the research that I'm simply referencing. This was saidin the all-in-podcast. This was during episode 135, at the 23:15 mark. The show has a guide so it should be findable.

I believe hosts do research and in fact, have VC minions (paid staff) during the show pulling the data to demonstrate how the calc was derived.

(I'm actually quite surprised this is not immediately known, as I thought the podcast audience was primarily HN ..)

Also, sibling comment added his own independent analysis