Public Notes by chase_ats Tagged #retorts

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That ignores the real cost of roads in cities is lost revenue from all that land. Ignoring of course how people would get around the city without roads. NYC for example has over 6,000 miles of road * a very conservative 60 feet ignoring sidewalks is ~40,000 acres or 20% of the city. Central Park by comparison is only 842 acres. As Property taxes add up to ~55 Billion per year that’s (55/.8*.2) ~= 13.8 billion in lost revenue per year. There are of course options to build more roads underground, but then they start costing as much as subway systems. #arguments #retorts #contrary_to_common_knowledge #pub
“Why did Jan Koum and Brian Acton sell Whatsapp? They should have tried to monetize it with their $1 a year (or whatever) fee and see how many paid. The truth is that they became big in geographies like India (population 1.3 billion) because they didn't actually enforce the fee for most users, and because Whatsapp worked very well with low data usage across all platforms including Symbian and offered free messaging at a time when Indians were used to having to pay per SMS. It's convenient for the founders to grandstand now that Whatsapp is someone else's responsibility, but it was their responsibility once, and they never converted it into a profitable company, and when they got a offer too big to refuse, sold.” — GOAT. Especially the last paragraph. Though it may have been profitable for a bit before it really exploded #truth #facts #retorts #toread #pub