Recent comments in /f/dataisbeautiful

Rat_Salat t1_izf3eld wrote

I'm not gonna write a research paper to debunk this American gun propaganda. All you have to do is drive from Toronto to Buffalo, Windsor to Detroit or from Vancouver to Seattle to know that these numbers aren't accurate.

Triple the violent crime rate, despite having a third as many murders. Sure, seems totally accurate. Graph isn't accurate on that one either. Canada's murder rate isn't as low as OP suggests.

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TheDoktorIsIn t1_izf34f5 wrote

I explicitly remember Facebook going public in 2012 and saying "who on earth is buying stock in a myspace knockoff? This thing is going to die just as fast as the other 10" and this is why I'm not a market predictor.

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goj-145 t1_izf2i1s wrote

Uh that's my point. So your accident doesn't count towards anything. Now look at number of traffic accidents per year statistically. None of yours have ever been counted. Of you had those accidents almost anywhere else in the world they'd be counted.

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lukehawksbee t1_izf16d4 wrote

Note that this doesn't reflect the value of the business but only the portion of the business that was floated on the stock market. For instance Aramco only sold 1.5% of the business via their IPO, whereas I think GM sold more like 28% in their 2010 IPO?

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spiral8888 t1_izf14o8 wrote

Why should police care about car accidents where nobody broke the law? Aren't insurance companies a more logical keeper of such data?

I'm sure police has better use for their time than going to accident sites when nobody broke the law. They could be needed if there is a dispute between people involved in the accident about whose fault it was in which case the police could investigate it and give their statement that the insurance companies then use as a neutral party.

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ValyrianJedi t1_izf10r2 wrote

It seems like it would be useful to include acquisitions too, since that's the other side of the same coin and those numbers can be absolutely massive too...

I have a consulting firm that finds VC and angel investment for startups, mostly tech and energy, and around a decade ago was working for a finance firm doing similar work... A decade ago when you asked "what is your 'everything worked out perfectly' hope for where this company will be in 5-10 years" you would almost always get "successful IPO". These days when I ask the same question I get a lot more "get bought by titan of the industry company X or Y". Not like nobody wants IPOs anymore by any means, but a lot of people would prefer to sell to Google or Tesla or someone with a favorable deal and an honorary seat at the table afterwards instead of going public.

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