Earlier quoted context omitted.
That was where my mind went to when I saw the headline. Granted that while I’m not on the Finance side of things and am in fact a developer, “six million” didn’t seem like much at all considering engineer salaries. It’s certainly an achievement, but at what short and long term salaried cost?
A primer on valuation: in many financial contexts, $1 of operating savings may be worth much more than $1 of investment. That is because an investment is a one-off, so it's actually worth $1, but the savings are recurring, so they are worth the same number of years that a company's profits are valued. Depending on sector and investors' beliefs in the future of companies, this factor is typically in the 5-20x range. T…
Sigh.