Sometimes it’s public entities, like city councils, or police departments. Othertimes, it’s privately owned business, like Lowes, HomeDepot, apartment complexes, or even “communities” like HOAs. The point is that Flock is a private business, and only government affiliated when and where the government decides to do business with them.
This is in contrast to say, traffic cameras, owned by state DoTs, which are public property and exist on public infrastructure.
Yes, and governments have decided to do billions is dollars worth of business with them. Where did that come from? Couldn’t the billions have been used for solar infrastructure?
They’re only pulling ~300-500 million in revenue, which is enough money to build… 1 or 2 grid scale solar farms…
I’m not saying that wouldn’t be a better use of the money, but you should probably do some cursory research on the company so you understand what they are doing, and the financial scale that they are doing it at.
Perhaps you should do a cursory search on the companie’s financials so you understand. They passed the $500 million mark in annual revenue at the halfway point of this year after $300 million last year. That means they’ve likely already passed a billion in total revenue and are just getting started. My small town found the cash to put up $500,000 in flock cameras in a single year… and they are just getting started.
“Annual recurring revenue (ARR) is a key metric used by subscription and software-as-a-service (SaaS) businesses to measure the predictable and recurring revenue expected over a 12-month period”
They are expecting to bring 500 million this year in revenue. Thats what I said, and that’s what you said. Not 500 million for the first half of the year and another 500 million the rest of the year. 500 million total.
Perhaps you should do a slightly less cursory search.
Just barely over a billion actually. We don’t have good numbers from 2017 to 2023, but from 2023 onwards they’re basically spot on 1 billion.
Regardless, not all of that money comes from groups that should be building solar power stations, and the amount of money spent on them is not nearly on the scale required to switch the grid to green energy in a reasonable timeframe. That was the whole point, you don’t understand the financials, you don’t understand the sources. You have a valid frustration about where and how public funds are being spent, but you’re barking up the wrong tree, and you’ve picked a rather small tree at that.
I don’t think anyone anywhere mentioned redirecting flock cameras funds would even approach switching the grid to green energy. Just a misuse of funds that could help in the goal of switching proving that governments have funds but continue to choose not to use them for solar. My town could have weatherized hundreds of homes for the cost it wasted in flock…just this year.
Who is paying for all of these cameras and solar panels?
Sometimes it’s public entities, like city councils, or police departments. Othertimes, it’s privately owned business, like Lowes, HomeDepot, apartment complexes, or even “communities” like HOAs. The point is that Flock is a private business, and only government affiliated when and where the government decides to do business with them.
This is in contrast to say, traffic cameras, owned by state DoTs, which are public property and exist on public infrastructure.
Yes, and governments have decided to do billions is dollars worth of business with them. Where did that come from? Couldn’t the billions have been used for solar infrastructure?
Maybe, maybe not.
They’re only pulling ~300-500 million in revenue, which is enough money to build… 1 or 2 grid scale solar farms…
I’m not saying that wouldn’t be a better use of the money, but you should probably do some cursory research on the company so you understand what they are doing, and the financial scale that they are doing it at.
Perhaps you should do a cursory search on the companie’s financials so you understand. They passed the $500 million mark in annual revenue at the halfway point of this year after $300 million last year. That means they’ve likely already passed a billion in total revenue and are just getting started. My small town found the cash to put up $500,000 in flock cameras in a single year… and they are just getting started.
“Annual recurring revenue (ARR) is a key metric used by subscription and software-as-a-service (SaaS) businesses to measure the predictable and recurring revenue expected over a 12-month period”
They are expecting to bring 500 million this year in revenue. Thats what I said, and that’s what you said. Not 500 million for the first half of the year and another 500 million the rest of the year. 500 million total.
Perhaps you should do a slightly less cursory search.
Still well over 1 billion in revenue over first few years and growing rapidly.
Just barely over a billion actually. We don’t have good numbers from 2017 to 2023, but from 2023 onwards they’re basically spot on 1 billion.
Regardless, not all of that money comes from groups that should be building solar power stations, and the amount of money spent on them is not nearly on the scale required to switch the grid to green energy in a reasonable timeframe. That was the whole point, you don’t understand the financials, you don’t understand the sources. You have a valid frustration about where and how public funds are being spent, but you’re barking up the wrong tree, and you’ve picked a rather small tree at that.
I don’t think anyone anywhere mentioned redirecting flock cameras funds would even approach switching the grid to green energy. Just a misuse of funds that could help in the goal of switching proving that governments have funds but continue to choose not to use them for solar. My town could have weatherized hundreds of homes for the cost it wasted in flock…just this year.
Who is moving all of these goalposts!