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Joined 2 years ago
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Cake day: June 17th, 2023

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  • I was about to write back that we are not far off the advances to make these affordable and then did a google search and found that you can get a distilled unit on Amazon for $180 that is capable of making a gallon in 5 hours for about $.45 worth of electricity. That is far less than what it costs to buy distilled water at the store, which is around $1 a gallon. If you look at this from a break-even analysis, you technically start to reap the rewards of ownership after about 800 uses since the first 400 uses basically cost you $1.45 per gallon, then the next 400 costs you $.45 per gallon, but you are recouping that extra cost over the $1 retail price, so by the 800th use, you are getting water at less than half the price of the store.
















  • They are a public company that was $4B negative free cash flow last year. The employees get paid, but I’d love for you to describe the mechanism where a board member derives value when the stock has tanked over the past two years unless you are saying that they are shorting it, which would be public information and get them kicked off the board typically.



  • porkins@sh.itjust.workstoTechnology@lemmy.worldSpotify re-invented the radio
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    2 years ago

    Spotify is not profitable nor ever has been. It accrued $4B in additional debt last year. The business is subject to high royalty fees. As a competitor, I just leave free Spotify running all day on mute since they lose money from every subscriber. The royalties are the same whether they make money or not on the customer. It is wise of them to more aggressively convert people to paid plans, but I’m sure that their margins are razor thin.