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17.
 
Re: Saturday Tech Bits
May 24, 2020, 19:09
17.
Re: Saturday Tech Bits May 24, 2020, 19:09
May 24, 2020, 19:09
 
jacobvandy wrote on May 24, 2020, 02:18:
Simon Says wrote on May 23, 2020, 23:24:
jacobvandy wrote on May 23, 2020, 22:26:
It says the company has already raised $100 MILLION in capital, so obviously some better businessmen than we have seen the potential in it.

It doesn't mean anything, never did, never will. Risk capital is what it is, risky. I could cite you a hundred cases of startups raising insane amounts of money and failing miserably in the last 20 years alone.

It's how it works in that risk capital business, you fund a lot of startups, most fail after a few years, a few make it past 10 years and out of those that make it, you get your ROI for the total invested in all the failed ones + profit.

50$ it fails before 2030 and/or probably gets bought for what is left of the carcass by a bigger fish for scraps, odds are in my favor.

Should I cite you the dictionary definition of "potential?"

They've seen "potential" in all the other failures they've funded before, which are the majority by far, otherwise, shocking, they wouldn't had funded them.

Anything else you want to "cite"?
16.
 
Re: Saturday Tech Bits
May 24, 2020, 02:18
16.
Re: Saturday Tech Bits May 24, 2020, 02:18
May 24, 2020, 02:18
 
Simon Says wrote on May 23, 2020, 23:24:
jacobvandy wrote on May 23, 2020, 22:26:
It says the company has already raised $100 MILLION in capital, so obviously some better businessmen than we have seen the potential in it.

It doesn't mean anything, never did, never will. Risk capital is what it is, risky. I could cite you a hundred cases of startups raising insane amounts of money and failing miserably in the last 20 years alone.

It's how it works in that risk capital business, you fund a lot of startups, most fail after a few years, a few make it past 10 years and out of those that make it, you get your ROI for the total invested in all the failed ones + profit.

50$ it fails before 2030 and/or probably gets bought for what is left of the carcass by a bigger fish for scraps, odds are in my favor.

Should I cite you the dictionary definition of "potential?"
15.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 23:38
15.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 23:38
May 23, 2020, 23:38
 
RedEye9 wrote on May 23, 2020, 21:52:
Simon Says wrote on May 23, 2020, 21:00:
jdreyer wrote on May 23, 2020, 18:29:
And at $300 per year, that's an attractive price for 2080RTX power. The video card alone costs $700-800, and a system built around it is twice that. So you'll get 5 years of use for the same price as an in-home system.

Nobody will pay by the month if they keep it for 5 years. They'll take it yearly, that means 144$/year, even after 5 years, you're still deep in the red ( you'll have barely paid for the GPU alone @ 720$ ) when you consider company expenses + initial hardware investment. And after 5 years, that 2080 won't attract anyone that they're targeting, they'll have moved on to much better hardware.

It's just a pipedream finance wise.
Tack on another $1200/year.
People always fail to mention the cost of high speed internet when boondoggles like this pop-up.

For sure, if you don't already have have the speed. My current internet is fast enough (~200mbps) and that's the only option in my building, so it wouldn't cost me any extra if I went this route. I'm sure others are in a similar situation. That said, I'm off the beaten path, so this won't be coming to my neck of the wood any time soon, not that I'm really interested in it. I just think the tech is interesting, and seeing where this goes in the future is something to keep an eye on.
“We’ve reached the point of this polarized pandemic where our current plan for salvation is convincing certain recalcitrant men that wearing masks is the testosteroney thing to do.“
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14.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 23:34
14.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 23:34
May 23, 2020, 23:34
 
Simon Says wrote on May 23, 2020, 21:00:
jdreyer wrote on May 23, 2020, 18:29:
And at $300 per year, that's an attractive price for 2080RTX power. The video card alone costs $700-800, and a system built around it is twice that. So you'll get 5 years of use for the same price as an in-home system.

Nobody will pay by the month if they keep it for 5 years. They'll take it yearly, that means 144$/year, even after 5 years, you're still deep in the red ( you'll have barely paid for the GPU alone @ 720$ ) when you consider company expenses + initial hardware investment. And after 5 years, that 2080 won't attract anyone that they're targeting, they'll have moved on to much better hardware.

It's just a pipedream finance wise.

Yeah, the $144 per year isn't a 2080GTX. That will cost you $300/year.

The cheapest subscription costs $11.99/month when you sign up for a year-long contract. That will set you up with an Intel quad-core CPU clocked at up to 3.4GHz, 12GB RAM, a 256GB SSD, Windows 10 Home and an Nvidia GTX 1080 GPU (or equivalent). Given a refurbished GTX1080 alone costs about $500, this appears to be an excellent deal.
“We’ve reached the point of this polarized pandemic where our current plan for salvation is convincing certain recalcitrant men that wearing masks is the testosteroney thing to do.“
Avatar 22024
13.
 
Re: Saturday Tech Bits
May 23, 2020, 23:24
13.
Re: Saturday Tech Bits May 23, 2020, 23:24
May 23, 2020, 23:24
 
jacobvandy wrote on May 23, 2020, 22:26:
It says the company has already raised $100 MILLION in capital, so obviously some better businessmen than we have seen the potential in it.

It doesn't mean anything, never did, never will. Risk capital is what it is, risky. I could cite you a hundred cases of startups raising insane amounts of money and failing miserably in the last 20 years alone.

It's how it works in that risk capital business, you fund a lot of startups, most fail after a few years, a few make it past 10 years and out of those that make it, you get your ROI for the total invested in all the failed ones + profit.

50$ it fails before 2030 and/or probably gets bought for what is left of the carcass by a bigger fish for scraps, odds are in my favor.
12.
 
Re: Saturday Tech Bits
May 23, 2020, 22:41
12.
Re: Saturday Tech Bits May 23, 2020, 22:41
May 23, 2020, 22:41
 
jacobvandy wrote on May 23, 2020, 22:26:
It says the company has already raised $100 MILLION in capital, so obviously some better businessmen than we have seen the potential in it.
Businessmen know the mostestest...
Business figures, government officials, and international magnates invested more than $700 million in —Theranos. ¯\_(ツ)_/¯
A mask is not a political statement.
It's an IQ test.
It's a compassion test.
It's a decency test.
It's a social responsibility test.
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11.
 
Re: Saturday Tech Bits
May 23, 2020, 22:26
11.
Re: Saturday Tech Bits May 23, 2020, 22:26
May 23, 2020, 22:26
 
It says the company has already raised $100 MILLION in capital, so obviously some better businessmen than we have seen the potential in it.
10.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 21:53
10.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 21:53
May 23, 2020, 21:53
 
Simon Says wrote on May 23, 2020, 21:00:
Nobody will pay by the month if they keep it for 5 years. They'll take it yearly, that means 144$/year, even after 5 years, you're still deep in the red ( you'll have barely paid for the GPU alone @ 720$ ) when you consider company expenses + initial hardware investment. And after 5 years, that 2080 won't attract anyone that they're targeting, they'll have moved on to much better hardware.
This really isn't difficult. The lowest price for a 2080 system is the annual at $25/month. The cheaper plans don't have a 2080. And you still seem stuck on the notion that the hardware can only be used by one customer. That's just plain dumb.

Also, do you really believe that five years from now they'd still be charging $25/month for a 2080-based system? The 2080 by then will probably be relegated to the budget plan and they'll be running 3080s or better on the higher end plans.

I mean, come on. Pipedream? Sounds to me like you have no idea how these businesses work and are purposely avoiding learning anything.
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9.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 21:52
9.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 21:52
May 23, 2020, 21:52
 
Simon Says wrote on May 23, 2020, 21:00:
jdreyer wrote on May 23, 2020, 18:29:
And at $300 per year, that's an attractive price for 2080RTX power. The video card alone costs $700-800, and a system built around it is twice that. So you'll get 5 years of use for the same price as an in-home system.

Nobody will pay by the month if they keep it for 5 years. They'll take it yearly, that means 144$/year, even after 5 years, you're still deep in the red ( you'll have barely paid for the GPU alone @ 720$ ) when you consider company expenses + initial hardware investment. And after 5 years, that 2080 won't attract anyone that they're targeting, they'll have moved on to much better hardware.

It's just a pipedream finance wise.
Tack on another $1200/year.
People always fail to mention the cost of high speed internet when boondoggles like this pop-up.
A mask is not a political statement.
It's an IQ test.
It's a compassion test.
It's a decency test.
It's a social responsibility test.
Avatar 58135
8.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 21:00
8.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 21:00
May 23, 2020, 21:00
 
jdreyer wrote on May 23, 2020, 18:29:
And at $300 per year, that's an attractive price for 2080RTX power. The video card alone costs $700-800, and a system built around it is twice that. So you'll get 5 years of use for the same price as an in-home system.

Nobody will pay by the month if they keep it for 5 years. They'll take it yearly, that means 144$/year, even after 5 years, you're still deep in the red ( you'll have barely paid for the GPU alone @ 720$ ) when you consider company expenses + initial hardware investment. And after 5 years, that 2080 won't attract anyone that they're targeting, they'll have moved on to much better hardware.

It's just a pipedream finance wise.
7.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 18:29
7.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 18:29
May 23, 2020, 18:29
 
WaltC wrote on May 23, 2020, 15:25:
Simon Says wrote on May 23, 2020, 14:50:
That's never going to be profitable... Do the math. who will pay 25$/month in 3 years for a RTX2080 PC? Heck their lowest price is 12/month if for a year long contract. That's just 144$ a year.

Even if they still somehow magically rent for 4 years non-stop, they still won't get their initial hardware costs investment back, much less be able to pay for the day to day running expenses of wages and whatnots.

This is doomed to failure.

It's also a very deceptive article--looks like it's just a cloud game rental service, like Stadia...;) Last paragraph tells the tale:

"Just bear in mind, you'll need your own device (whether that's a computer, smartphone or tablet) to take advantage of the service."

Sounds just like you are renting the hardware...;) Clever. I'll pass.

You are just renting hardware. That's literally the title of the article: "Rent an RTX2080 PC for $24.99 per month." And *all* of these cloud services require you to have your own device. I'm not seeing the deception.

What this accomplishes is that it allows cloud game streaming while bypassing the issues that NVidia Now is experiencing where publishers are pulling their games off the service. In theory, you should be able to run any game or piece of software you own on here.

And at $300 per year, that's an attractive price for 2080RTX power. The video card alone costs $700-800, and a system built around it is twice that. So you'll get 5 years of use for the same price as an in-home system.
“We’ve reached the point of this polarized pandemic where our current plan for salvation is convincing certain recalcitrant men that wearing masks is the testosteroney thing to do.“
Avatar 22024
6.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 18:15
6.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 18:15
May 23, 2020, 18:15
 
WaltC wrote on May 23, 2020, 15:25:
Sounds just like you are renting the hardware...
The article is literally titled "Rent an RTX2080 PC..." Brood

whitelined wrote on May 23, 2020, 15:30:
I'll hazard a guess that the "dedicated PC" you get is allocated from a pool, and it's only dedicated once you're using it
Exactly. Of course they're not dedicating an entire gaming computer to one customer and leaving it idle when not in use. Cloud services depend on pooled resources. What you're renting is a virtual machine that makes use of some portion of the attached hardware.

As for profitability, even if they paid $700 for an RTX2080, at $25 per month on an annual plan they'd only need 10 customers to pay off the card in three months. Point being, it's eminently doable. Or--shocker--they'd go out of business pretty fast.

This comment was edited on May 23, 2020, 22:30.
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5.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 15:30
5.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 15:30
May 23, 2020, 15:30
 
I'll hazard a guess that the "dedicated PC" you get is allocated from a pool, and it's only dedicated once you're using it; leaving it free for others when you're not on it. I'll also assume they're paying a lot less for bulk purchases of hardware. Still, with all this, I wonder what the actual profits are on this? Is this another one of those companies, like uber, that never turn a profit, but the company value is overinflated?
4.
 
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 15:25
4.
Re: Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 15:25
May 23, 2020, 15:25
 
Simon Says wrote on May 23, 2020, 14:50:
That's never going to be profitable... Do the math. who will pay 25$/month in 3 years for a RTX2080 PC? Heck their lowest price is 12/month if for a year long contract. That's just 144$ a year.

Even if they still somehow magically rent for 4 years non-stop, they still won't get their initial hardware costs investment back, much less be able to pay for the day to day running expenses of wages and whatnots.

This is doomed to failure.

It's also a very deceptive article--looks like it's just a cloud game rental service, like Stadia...;) Last paragraph tells the tale:

"Just bear in mind, you'll need your own device (whether that's a computer, smartphone or tablet) to take advantage of the service."

Sounds just like you are renting the hardware...;) Clever. I'll pass.
It is well known universally that I do not make mistakes--so, if you should happen across an error in that which I have written, please be assured that *I* did not write it!...:)
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3.
 
Re: Saturday Tech Bits
May 23, 2020, 15:14
3.
Re: Saturday Tech Bits May 23, 2020, 15:14
May 23, 2020, 15:14
 
phinn wrote on May 23, 2020, 14:13:
"Confirmed". Not sure what happened to all the rumors that where saying Ryzen 4000 (aka Zen 3) was coming this year.

It's confusing, but Ryzen 4000 now refers to Zen 2-based Vega APUs for mobile, already here. AMD announced back in January that Zen 3 for the desktop and "big NAVI" will both ship this year. I wouldn't bet on 3900XT, etc. being "confirmed." AMD has announced nothing like that--it's still rumor.
It is well known universally that I do not make mistakes--so, if you should happen across an error in that which I have written, please be assured that *I* did not write it!...:)
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2.
 
Rent an RTX2080 PC for $24.99 per month- That’s now a reality
May 23, 2020, 14:50
2.
Rent an RTX2080 PC for $24.99 per month- That’s now a reality May 23, 2020, 14:50
May 23, 2020, 14:50
 
That's never going to be profitable... Do the math. who will pay 25$/month in 3 years for a RTX2080 PC? Heck their lowest price is 12/month if for a year long contract. That's just 144$ a year.

Even if they still somehow magically rent for 4 years non-stop, they still won't get their initial hardware costs investment back, much less be able to pay for the day to day running expenses of wages and whatnots.

This is doomed to failure.
1.
 
Re: Saturday Tech Bits
May 23, 2020, 14:13
1.
Re: Saturday Tech Bits May 23, 2020, 14:13
May 23, 2020, 14:13
 
"Confirmed". Not sure what happened to all the rumors that where saying Ryzen 4000 (aka Zen 3) was coming this year.
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