Medium Has As Many Unique Visitors As The Guardian Has In The US

We spotted this stat today:

“Medium has grown to a robust 25 million unique visitors (self-reported) each month. (For comparison, that’s roughly the same as ComScore’s estimate for the British newspaper The Guardian‘s US unique viewers in March”

Source

25 Million uniques a month is not jaw-dropping. But getting there in just 3 years definitely is.

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Wall St Bonus Pool More Than Double The Earnings of 1 Million Minimum Wage Workers

We spotted this stat today:

“The Wall Street bonus pool rose to $28.5 billion last year, and the industry added jobs for the first time since 2011 even as profits in the securities sector fell, New York state’s budget watchdog said on Wednesday.

Wall Street bonuses have been a contentious issue since the financial crisis. This year’s pool was more than double the combined earnings of 1 million American full-time minimum wage workers, according to an Institute for Policy Studies.”

(Source)

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Stunning: The U.S. Has More Jails Than Colleges

In case you missed this one: we spotted this stat, that there are about 4,599 degree granting institutions in the US, and more than 5000 jails (Source)

Surprising stat, this.

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Middle Class Canadians Earn More Than Middle Class Americans

Well this is definitely news – for quite some time, the perception (and reality) has been that middle class Americans are better off than their Canadian counterparts – we spotted this stat today, that in reality, right now, the reality has turned 180 degrees – Middle class Canadians are now earning more than middle class Americans (Source)

“After-tax middle-class incomes in Canada — substantially behind in 2000 — now appear to be higher than in the United States. The poor in much of Europe earn more than poor Americans.” (Source)

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It Is More Difficult To Get Into Wal-Mart Than Harvard

Agreed, that kind of comparison makes no sense whatsoever. But if The Washington Post can connect the two, spotting the comparison is only natural. We spotted this stat today –

“Last year when Wal-Mart came to D.C. there were over 23,000 applications for 600 jobs. That’s an acceptance rate of 2.6%, twice as selective as Harvard’s and over five times as choosy as Cornell.”

(Source)

Ivy league schools are selective. Far more selective, in today’s economy, are firms that can actually pay you a salary.

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‘More Than’ That: U.S. Now Produces More Oil Than It Imports

When we spotted this, we were truly surprised. Not the fact as such – but what it means for the global energy equation overall.

“U.S. oil output is soaring due to the “fracking” boom in North Dakota, Texas and other areas. U.S. producers pumped 7.7 million barrels of crude per day in October.. The U.S. imported 7.6 million barrels a day of crude oil in October, the first time production has topped imports since February 1995. Net crude imports are down nearly 25% over the past five years.”

Source

A true crossing over, this one.

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Americans’ Credit Card Debt Equals About 50 Percent of India’s GDP

Well, at times we tend to compare stats that really are not comparable – for instance, we spotted this some time back -Student Loans In The U.S More Than China’s Total External Debt – we have one more today. Credit-card balances in the US (having dropped in three of the past five months) is now at about $850 billion (Source) – here is one way to digest that fact – India’s GDP is about 1.9 trillion dollars (Source) so the revolving credit of Americans is about half of India’s GDP – well, more or less. An obvious point – but helps us understand the magnitude of things.

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Facebook’s Revenue Is Four Times That Of The New York Times

Well that is not news – but it definitely is, considering that Facebook spends some zero dollars overall on content generation, that translates to reach and hence ad inventory and hence dollars. In Q2 2013, Facebook’s total revenue stood at $ 1.813 Billion (Source) whereas The New York Times Company’s total revenue stood at $485.4 Million (Source)

Did we tell you this: Facebook’s net profit equals The New York Times’ Revenue! (488 Million USD)

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‘You Can Only Lose One Time Your Money, But You Can Make Many Times’

We first spotted this gem in a Vinod Khosla interview: “Remember: (When you invest your money in an idea) You Can Only Lose One Time Your Money, But You Can Make Many Times (If you win)”. Then we realized that it is a common thing to say in the VC industry. Then we realized that it is actually a very simple, common sense concept, so simple that most of us fail to even notice it, let alone apply it anywhere.

The ‘You can only lose one time your money’ is an approach that prepares you for the worst case scenario, making any other outcome actually look much better. Knowing that ‘You Can Make Many Times’ provides you the incentive to give your best, since ‘Many’ does not come with a cap.

You Can Only Lose One Time Your Money, But You Can Make Many Times. Indeed.

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Student Loans In The U.S More Than China’s Total External Debt

Now a comparison like that does not make any sense. But when you hear about the rising debts of US students, we need some number to understand the magnitude. We spotted this stat today, that the total outstanding student-loan debt stood at $986 billion at the end of the first quarter of this year (Source). Okay, a trillion dollars. When we went looking for other debts in the trillion dollar range that can be used to digest this number, we stumbled on this: China’s total external debt stands at 710,700,000,000 US dollars. (Source) That is 710 billion dollars – much less than the total outstanding student loans in the US – which stands at 986,000,000,000 dollars.

Wow.

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