Re:DOGE's Only Public Ledger Is Riddled with Mistakes
by dustingetz on Saturday February 22, 2025 @07:25PM
(#43144857)
absolutely startups can be inefficient but government projects are at a wholly different order of magnitude. Some startups will crush $20M and then die, and yet the best ones, such as facebook, return 100,000x ROI on that same $20 mil. Govt projects will crush $200M, deliver nothing and then go to recompete so another vendor can have a turn.
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Re:DOGE's Only Public Ledger Is Riddled with Mistakes
by fireflash38 on Saturday February 22, 2025 @10:16PM
(#43146109)
Those sound like contractors, so a private company that's failing here? Or am I misreading?
Re:DOGE's Only Public Ledger Is Riddled with Mistakes
by guax on Sunday February 23, 2025 @01:39AM
(#43147217)
Meta spent how many billions on Metaverse and has what to show for it? Some argue it was wasteful.
Re:DOGE's Only Public Ledger Is Riddled with Mistakes
by dustingetz on Sunday February 23, 2025 @09:17AM
(#43149383)
sell your stock then if you are a shareholder, it's up 225% on 5yr chart, 1525% since IPO, and has risen to a $1.7T mkt cap since the $13M Series A at $100M Post in 2005. That's a 100,000x ROI on the A if I did the math right, forgive me there are a lot of zeros to keep track of
Re:DOGE's Only Public Ledger Is Riddled with Mistakes
by insane_dreamer on Sunday February 23, 2025 @09:23AM
(#43149411)
The problem is not the government being inefficient and wasteful but the contractors -- aka private companies -- being inefficient and wasteful.