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Re:U.S. government takes 10% stake in Intel by cyberax on Friday August 22, 2025 @10:57PM (#44992677)
> Can you imagine raising $288 million from VCs for a software application while delivering so little?

What? You're imagining VCs caring about pizza money? Should I mention, perhaps, the AOL-TimeWarner merger? Or maybe AT&T buying DirecTV for $50B and essentially giving it away for $8B?

Heck, I was a part of an utterly failed project with a $150m budget (in 2005), in a large European company.

> For the main system they're also using COBOL, which has no Date data type, causing issues even in 2025.

And? They haven't missed a single payment day in all their existence, moving data between multiple types of media. While working with staff levels that won't even qualify as "skeleton" in plenty of companies.

Re:U.S. government takes 10% stake in Intel by ripjaygn on Saturday August 23, 2025 @12:06AM (#44993052)
> Heck, I was a part of an utterly failed project with a $150m budget (in 2005), in a large European company

Was it a just a somewhat complex CRUD app like the SSA example or most govt IT projects? Or were you guys trying for something more complicated and innovative and failed?

Re:U.S. government takes 10% stake in Intel by cyberax on Saturday August 23, 2025 @01:14AM (#44993380)
It was an ERP application from a large three-letter European company. In other words, a CRUD app with lots of UI forms. Nothing innovative or particularly interesting.

The hardware to deploy it was alone a couple of million. At least, I got to play with some rather cool gear (for that time).