Got sidetracked into some armchair MBAing.
So the CAPEX to revenue ratio is a measure of how capital intensive a business is. Normal values for most industries in the U.S. hover around -0.1.
According to Ed’s figures, e.g. Google’s ratio for AI business is -9.74. 🫣
As a side note, a question to web designers:
Since most of us are blessed with scroll bars in some form, why do you find it necessary to display a reading progress bar at the top of the page that duplicates the information contained in the scroll bar (where I am on the page) without the scroll bar’s actual functionality (moving through the page).
What sort of thinking drives this kind of design decision?
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