With car insurance claims easily being >100k due to injuries/death/multiple vehicle collisions, what kind of monthly rate could possible cover that?
Other examples with high claim amounts, flood insurance, health care, etc.
It doesn't matter how high the minimum cost is, and you cant judge any kind of insurance based solely on that. The chance of it happening is just as important. Let's say 1% of all companies get sued for patent disputes every year (I don't know the stats on this, just an example), with an average defense costing $500 000. The insurance company also wants to make money, so let's have them charge 150% over cost.
$500k x 1.5 = $750k (amount of revenue per 100 customers)
$750k x 0.01= $7500 (cost per customer per year)
$7500 / 12 = $625 (cost per customer per month)
Now even that number isn't that high, and I assume 1% of companies getting hit with patent lawsuit per year is bigger than the real figures.
Average cost of a claim and average claims per year are incredibly important.
Average cost of a car claim (ignoring glass) is probably in the $5,000 range. The average person gets in <0.5 accidents a year, so coverage is <$2,500 for the average person.
Average cost of a patent claim is, say $200,000 (that is a minimum, but we will treat it as an average). Average company gets 0.05 patent claims per year (1 in 20). Coverage would be $1,000 a month. Not too bad.
Now lets add what happens after the first time you pay out an insurance claim within 6 months. Someone in your company gets $200,000 for a client list, your patent claims per year just became 10 per client. Good luck.
I switched to crunchbang when I got a new laptop and it's a pleasure to work on and has been useful for getting more experience in terminal. Building your own menus has also helped me keep everything very streamline, I only add what is actually necessary, rather than having tons of programs I used once or twice waste space.
For vps/server I prefer centos/debian.
edit: also wanted to add that crunchbang has run much faster for me than lubuntu which I previously was using. Generally ~200-250mb ram, boots extremely quick as well. It will run great on an old junk pc, or a new workstation.
If anyone is using snapchat for insider trading that is extremely careless, I don't have time to find the article but there was a post here on HN about how to recover all the old snapchat images on the phone.
It's seems like this will be the plan. Are there any other useful extensions for express that I should be aware of? I currently have it set up with just express and jade. I've been looking into passport for user authentication and _(underscore) seems interesting as well.
Because I come from a Ruby/Rails background, I opted to go with EJS over Jade. The syntax for EJS is identical to that of Rails (to the extent that, when working with Rails, the <% %> EJS tag becomes <%% %>, so as not to conflict with the <% %> Rails tag.).
Other examples with high claim amounts, flood insurance, health care, etc.
It doesn't matter how high the minimum cost is, and you cant judge any kind of insurance based solely on that. The chance of it happening is just as important. Let's say 1% of all companies get sued for patent disputes every year (I don't know the stats on this, just an example), with an average defense costing $500 000. The insurance company also wants to make money, so let's have them charge 150% over cost.
$500k x 1.5 = $750k (amount of revenue per 100 customers)
$750k x 0.01= $7500 (cost per customer per year)
$7500 / 12 = $625 (cost per customer per month)
Now even that number isn't that high, and I assume 1% of companies getting hit with patent lawsuit per year is bigger than the real figures.