Their math seems suspect. $1B / $271 = 3.7 million stops. Assuming 39 bus stops in the Bay Area [1], a 7d/wk schedule (i.e., no separate holiday/weekend schedule), and that every bus stop gets an equal number of stops, that's 86 stops per day
per bus stop. Or once every 17 minutes, around the clock. I'd believe that frequency for peak hours at the busiest/largest stops, but not as the all-day average across every stop.
[1] http://online.wsj.com/news/articles/SB1000087239639044398290...
Edit: From their website & flyer: http://www.heart-of-the-city.org/
Tech Industry private shuttles use over 200 SF MUNI stops approximately
7,100 times in total each day (M-F) without permission or contributing
funds to support this public infrastructure. No vehicles other than
MUNI are allowed to use these stops. If the tech industry was fined for
each illegal use for the past 2 years, they would owe an estimated $1
billion to the city.
The numbers still sound high to me, but ...
shrug