GH Reynolds: Fire college ‘Palace Eunuchs’ to fix higher ed

At California Polytechnic University-Pomona, for instance, the number of administrators grew 221% from 1975 to 2008. Administrators now outnumber faculty at that school 12,183 to 12,019. In 2010, the University of Michigan-Ann Arbor employed 49% more full-time administrative and professional staff than full-time faculty. Nationwide, the number of full-time administrators per 100 students at leading universities grew by 39% between 1993 and 2007, while the number of employees engaged in teaching, research, or service grew only 18%, according to the Goldwater Institute.

Even when schools plead poverty and reduce faculty payrolls, transferring teaching duties to low-paid part time adjuncts, they keep hiring administrators. As a study from the New England Center for Investigative Reporting and the American Institutes for Research discovered, over the past 25 years the ratio of non-academic to academic positions, at both public and private universities, has doubled. When asked, college presidents blamed funding cuts and talk about efforts to cut costs. But the “funding cut” story is a “fairy tale”:

“In other words,” according to one recent New York Times column, “far from being caused by funding cuts, the astonishing rise in college tuition correlates closely with a huge increase in public subsidies for higher education.” Likewise, the cost-cutting is largely bogus: As economist Richard Vedder of the Center for College Affordability and Productivity says, “I wouldn’t buy a used car from a university president. They’ll say, ‘We’re making moves to cut costs,’ and mention something about energy-efficient lightbulbs, and ignore the new assistant to the assistant to the associate vice provost they just hired.”

But how to get rid of the Palace Eunucks ?

via Reynolds: Fire administrators to fix higher ed.

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You can earn $13,000 a year selling your poop

ou can donate blood, plasma, eggs, and sperm. Why not poop? Yes, your feces are perhaps your greatest untapped monetary resource. Thanks to a nonprofit organization called OpenBiome, you can cash in to the tune of $13,000 a year — and save lives while you’re at it.
Since 2013, OpenBiome has been processing and shipping loads of it all over the country. The frozen stool is administered to patients who are very sick with infections of a bacteria called C. difficile. The bacteria can cause extreme gastrointestinal distress, leaving some sufferers housebound. Antibiotics often help, but sometimes the bacteria rears back as soon as treatment stops. That leads to a miserable, continuous course of antibiotics.

Somebody has to do it.

You can earn $13,000 a year selling your poop – The Washington Post.

RSA president: ‘the need for intelligence shouldn’t slow down the use of encryption’

In an interview with IDG News Service, Amit Yoran, president of RSA, also rejected calls by U.S. intelligence chiefs for industry to tread carefully in deploying more encryption in case it cuts off their ability to eavesdrop on communications by suspected criminals.
“The government is not the answer here,” he said, when asked about White House proposals for sharing of cybersecurity information. Despite the growing severity of attacks and a feeling that the government should “do something,” the issue is best left to private companies, because they are the ones developing networks and the technology that defends them, he said.
“Nobody is going to say information sharing is bad, but I’ve yet to see what is being asked to share by whom, for what purpose, to which parties, how will it be protected, how will it be used and then what is the value proposition back for sharing information,” Yoran said.
Instead, he said the government might better help by sharing some of its own threat intelligence with the private sector.

Good. Better ideas on CS will come from the private sector.

via RSA president questions government role in cybersecurity | Computerworld.

Stossel: Politicians Deny the Science of Economics

Now that government has lots of power, people look to it to create jobs. Communist countries had five-year plans. They didn’t work.
That’s because jobs come from government getting out of the way and letting employers produce goods.
Every new layer of regulations sounds nice — protecting the environment, providing more health care, forbidding discrimination against disabled people — but most rules do more harm than good.
Humans have needs and desires. Entrepreneurs see those needs as opportunity. They hire people not out of generosity or because government told them to — but because it’s profitable to employ people if they produce valuable goods.
If it’s not profitable, that means those people would be better employed doing something else. The prices customers are willing to pay and the wages workers accept are the best indication of which jobs can be done profitably and therefore ought to be done.

Don’t some call for the arrest and jailing of people who “Deny the Science” of Economics

via Jobs: How to create them | Fox News.

Not from The Onion: Chinese Crack Down on Strippers At Funerals

BEIJING (AP) – Chinese officials are launching a campaign to crack down on stripteases and other lewd shows that have become popular at funerals in some rural areas, the Ministry of Culture said Thursday.
The ministry said in a statement that it will tighten control over rural culture, where vulgar performances have been thriving because of a general lack of cultural events.
Such erotic performances at funerals are a relatively new phenomenon. Many rural people believe that a large attendance at funerals is a sign of honor for the deceased, and the shows are used to attract more people and display the family’s prosperity.
The funerals also are a rare occasion for crowds to gather as villagers working as migrant workers in industrial centers return home to bury the deceased.

via Chinese Officials to Crack Down on Strippers At Rural Funerals – US News.

Just a coincidence?

Or is Free Market Competition good for the consumer?

It doesn’t matter if you subscribe to the Google service or not; the mere fact that there’s now competition in this market is enough to bring down prices for everybody.

TWC, without incoming treat of competition, would have left their ‘package’  just the way it was.  If you wanted something else–tough.  If you wanted faster internet speed-tough.

What are the internet packages/pricing in cities that have (city/stated) granted monopolies?  I would be willing to bet that TWC, Comcast, and FIOS do not change or offer better pricing where they are entrenched.

Locally, in the Tidewater area, when Verizon FIOS was beginning to to lay fiber for FIOS, the dominate cable provider, Cox Cable, started running these self-serving ads, praising themselves:  “Cable Competes”

Ummm, no.  The speed/bandwidth was not even close.  It still is not close today.  Cox offers: 150Mb Down / 20Mb UP.  FIOS offers: 500/500 Mbps. (very pricey)

I would like to see what would happen if Google Fiber were to come to Hampton Roads.

via TWC boosts its internet speeds to counter Google Fiber.

Tales of the Perpetually Butthurt (con’d)

The tweet, which Clorox (CLX) since deleted, showed a Clorox bottle made up of the new emojis released by Apple (AAPL, Tech30) as part of this week’s iOS 8.3 update. Clorox tweeted, “New emojis are alright but where’s the bleach.”

Apple’s new iOS 8.3 release consists of 300 new emojis, including kissing lips, googly eyes and a smiling poop (we wish we were making that up). But they also include racially diverse emojis, including cartoon faces with brown and black skin.

Nothing better to do today SJWs?  Too many loses lately?  Let’s pick on corporations, they’re fish in a barrel.

much-butthurt-in-you-i-sense

via Clorox’s misunderstood tweet sparks racial outrage – Apr. 9, 2015.

US jobs and crops to increase with drone use

In the report, The Economic Impact of Unmanned Aircraft Systems Integration in the United States, the Association of Unmanned Vehicle Systems International estimates that integrating drones into U.S. airspace could, by the year 2025, create 100,000 new jobs for the U.S. economy. Most of those jobs, they estimate, will be in the agricultural market.

..

Although U.S. farms are mechanized and extremely productive, they still rely heavily on an age-old practice known as “crop scouting.” In its basic form, crop scouting, or field scouting, is simply observing conditions by traveling around and through a field. This is done so farmers can see how well crops are growing and, when necessary, take corrective action to prevent or mitigate crop damage. The process begins by observing fields before seeding. At this point, farmers are looking for weeds that might impact the growth of crops once their fields have been planted. After planting, ongoing scouting can reveal damage from moisture issues, pest infestations and the effect of fertilizers and pesticide applications.

Scouting is critical to farming because it improves crop yield. It’s also the single most compelling reason that drones will transform the agricultural industry. Viewing crops at 200 feet from a drone has many advantages over walking a field with a note pad. Not only can UAVs provide a comprehensive picture of field conditions, but crop development can also be documented with images and videos from an onboard camera and compared over time.

via US jobs — and crops — to increase with drone use.

NYT Hit Piece: Success Academy Charter Schools (high scores but it’s not AFT)

In New York City last year, 29 percent of public school students passed the state reading tests, and 35 percent passed the math tests. At Success schools, the corresponding percentages were 64 and 94 percent.

Success Academy scores are >100% better than the NYC Public Schools.  The wringing of worried hands of the NYT is deafening.

..

Two documentaries, “Waiting for Superman” and “The Lottery,” have captured the desperation of parents trying to get their children into Success through the annual lotteries it holds; this year, the network said, it received more than 22,000 applications for 2,688 seats.

..

Rules are explicit and expectations precise. Students must sit with hands clasped and eyes following the speaker; reading passages must be neatly annotated with a main idea.

..

One consequence of the competitive environment is a high rate of teacher turnover. Some teachers who left said that the job was too stressful. Others said they left because they disagreed with the network’s approach, particularly when they believed it was taken to extremes.

..

“We believe that structure and consistency leads to better outcomes,” Ms. Moskowitz said. The network’s rules, she said, were consistent with expectations of students throughout most of the history of American education.

“Maybe some people prefer chaos,” she added. “We don’t.”

Indeed, watching the students at Success Academy Harlem 4 walk to lunch, the scene was anything but chaotic. In their blue and orange uniforms — the girls wear jumpers, and the boys shirts and ties — they walked silently in two lines, starting and stopping at the teacher’s command. If so many children walking in formation was reminiscent of the von Trapp children at the beginning of “The Sound of Music,” the orderliness also meant that no time was wasted.

Likewise, inside Ms. Jones’s classroom, the atmosphere was calm, and she was demanding.

..

via At Success Academy Charter Schools, High Scores and Polarizing Tactics – NYTimes.com.

Have a “Slut Walk” in Paris: Arrested for Prostitution

Women in skimpy outfits and high heels could be arrested under new French laws that make it illegal to simply ‘look like a prostitute’ in public.

France is set to bring in a tough new anti-vice law that makes ‘passive soliciting’ by appearing to be offering sex for sale illegal.

I thought the French (and EU) were so much more sophisticated about sex issues.  Unlike the backward religious hicks of the United States.

via France to make ‘looking like a prostitute’ illegal – forcing hookers to wear jeans and trainers – Irish Mirror Online.

Things that will go unoticed by the masses

“Metallic grass” puts the heat on steam turbines

When liquid comes in contact with this surface, it quickly sticks and spreads due to capillary forces, making it harder for the surface to dry out even as it’s boiling. When air bubbles do form on the surface, they also tend to leave faster, for a much greater heating efficiency.
In the team’s preliminary results, applying the metallic grass coating to the boiling surface showed a 240 percent increase in critical heat flux, meaning that much more heat can be transferred from the heat source to the liquid before bubbles start sticking to the boiling surface.

Freightliner SuperTruck

The truck was created through a collaboration between Daimler-owned companies Freightliner, Detroit Engines, Mercedes-Benz and Fuso.

Much of its increased efficiency is due to better aerodynamics. This was achieved partly through a very streamlined tractor that includes features such as adjustable ride height, rear wheel fairings, articulated side extenders that bridge the gap between tractor and trailer, and ventilation slats in the grille that close when the vehicle is traveling at highway speeds.

That streamlining proceeds back to the trailer, where side skirts channel air past the wheels and away from the underside, while rear fins keep turbulence from building up in the space behind the trailer. As a result, the SuperTruck is a claimed 54 percent more aerodynamic than the baseline truck.

via Freightliner SuperTruck shows other transport trucks how efficiency is done.

Pizza, Games, & Books: 3 Threads of the “Social Justice” String

Dear Social Justice Warriors (SJW),

We reject your message.  Is it obvious yet?

PIZZA (and Cake)

An irresponsible reporter poses a hypothetical question to the business owner of Memories Pizza.  A. Hypothetical. Question.  ‘Would you cater a gay wedding?’ This is an openly christian business.  Well, Duh.  The owner said that their beliefs would keep them from catering the hypothetical gay wedding.  Why didn’t they create a story about buying a gay wedding cake from a muslim-owned bakery. (Oh yea.  Those people will kill you for that kind of shit.)

So the station broadcasts a story about the ‘flyover country bigots’ who will not cater a gay wedding.  The last lines of the story:

The O’Connor family told ABC 57 news that if a gay couple or a couple belonging to another religion came in to the restaurant to eat, they would never deny them service.

The O’Connors say they just don’t agree with gay marriages and wouldn’t cater them if asked to.

But now </irony> what a person chooses to believe, passively <irony/> is not enough for the SJW set.  NO.  Now it requires active assimilation to the Correct Thoughts.

OR ELSE:

Dooley foolery

“For me to turn around in the 21st century and see that this is what we were fighting for, so we could condemn people who are different, and with whom we disagree is the antithesis of what every civil rights movement was about.” -Tammy Bruce

Bake the CakeGee, that’s not very “Tolerant” is it?  Arson, death threats, hacking, false reviews.

So, how rejected was the message from the SJW and complicit media?

memories pizza

HUGE

A final example.  In Oklahoma (yes, really) the House of Representatives voted to end government licensing of marriages.  That is correct.  Get The State out of the business of deciding who can marry who.  The State becomes the repository for the contracting documents of the married parties (2 only–hey it Oklahoma).  That sounds like (and is) the ideal solution.  So how did the SJW react?  Unhappily:

State Rep. Emily Virgin, D-Norman, argued that if the U.S. Supreme Court should unexpectedly uphold state laws that define marriage as being between a man and a woman, Russ’ bill would end up making same-sex marriages legal in Oklahoma.

and from Freedom Oklahoma:

“This legislation puts all couples who plan to marry in Oklahoma at risk of being denied hundreds of federal legal rights and protections, if it were to become law,” said Troy Stevenson, executive director of Freedom Oklahoma. “The federal government and other states will not be required to acknowledge these proposed ‘marriage certificates.’ This legislation will only result in mass confusion from clerks’ offices to courtrooms around the nation — while putting Oklahoma families at risk.”

Why the unhappy?  Because it does not force the majority to embrace the idea.

Score: SJW 0/The rest of us 1

You Are Having Fun The Wrong Way And Doing It Wrong And It’s Just Not Right That There Is All These Guns And Women And.. And…And…And…And..Not Fair….  I CAN’T GET MY SHITTY GAME NOTICED OR SOLD

This, in my opinion, is what #Gamergate boils down to:  ‘I cannot compete and sell my shit’ (I’m talking to you John Walker Flynt, et. al.)….SO, I am going to conjure up a whole bunch of butthurt, couch it in theoretical feminist terminology and get other like-minded SJW wound up with some War-On-(Wo)men and make this stop.  RIGHT NOW!

Just, wow.  They are fictional games that young men (and women) boys and girls like to play.  Some more than others.  Since I am a bit more seasoned (ancient, y’all) I confess that we did not have video games when I was growing up (but we did have that fancy Indoor Plumbin’).  The boys in my neighborhood played similar-in-theme-to-FPS games of “Cops and Robbers” and “Army”.  Surprisingly the girls in our neighborhood did not join us much (or at all) for or rounds of expending pretend rounds.  Who would’a thunk it?

I was around 11-12 when I first was availed of a Pong console.  My friend and I played for hours.  As video games hardware and stories became better, we all played those too.  I don’t remember giving much regard to the social/patriarchal themes of the games– just trying to figure out the solution(s) to win the game.

“Video Games” are just that. They are designed for entertainment.

They are not called: “Video Lessons Instruments of Education, and Conduits Through Which Ideas Can Be Disseminated, Shared, and Discussed.”  FFS.

Does that sound entertaining?  No.  It sounds like a lecture syllabus for a Soc class at Welsey.  If people wanted to preached to, they can buy and read a book.

This is the un-winnable war for the SJW and complicit media.  Your message is rejected, you have been caught and called out

Score: TBD but I would not put down any Drachmas on the SJW.

Speaking of books, we get to the latest:

Sad Puppies and the Hugo Award

Well, I did say if people wanted to be scolded/lectured/preached at/told Right Think they could buy a book.  What kind of book?  That’s right kiddies, a Science Fiction/Fantasy book.

However, it isn’t just the story-line that has to be Right Think–NO.  Now the SJW want the authors of the stories to be the correct Sex/Color/Sexual Preference.  To wit:

To the rest of us, it looked as though science fiction and fantasy were finally catching up to reality — the best stories aren’t only the ones told by straight white men.

and an example from her page:

This “Futuristic, Homo-erotic” Thai Movie Looks Totally Gorgeous.

(I watched the trailer and even with subtitles I could not get any idea of a story-line.  Incompressible twaddle.  Mostly, it was about close-ups of boys rubbing and holding, boys while looking wistfully at the camera.  I’m willing to bet there is better Homo-erotic gay porn out there.  If that’s what you want to watch just call it that.  Don’t try to hide your fetish behind SciFy)

So evidently I (and a large majority of sf/f readers) are reading wrong.  We are not The Right Kind of SF/F fan.  We are nekulturny.  Readers who probably take our books to the outhouse after they are read (and not for the library out there, either).  Where would I get that idea:

Patrick Nielsen-Hayden:
Does the desire to expand fandom mean we have to welcome every imaginable kind of person? I think a moment’s reflection reveals that no, we do not. The SF convention that finds itself sharing a hotel with the International Association of Cheerful Child-rapers can probably be excused for not inviting them to come visit the con suite.

P, you could have used a few less words to say, “Fuck You. Bunch of ‘tards.”

Several of the Wrong-Think authors (Hello Larry, Vox, and Brad) decided to try and break the Right-Think Authors and Mayflower Fans block hording of the prizes.  This was not a well met idea inside the Hugo-owning block.  ‘Well, they don’t think they really “own” the Hugo Award, do they?’  Ummm, YES:

Teresa Nielsen-Hayden: should have been clearer. Those of us who love SF and love fandom know in our hearts that the Hugo is ours. One of the most upsetting things about the Sad Puppy campaigns is that they’re saying the Hugo shouldn’t belong to all of us, it should just belong to them.

T, the SP’s want the award to be open to more than just your Right-Think/Right-Skin/Right-Sex/Right-Sexual Preference lets-make-all-the-stories-about-teaching-a-lesson-to-the-rubes-on-earth authors.

Again, the message from the SJW and complicit (SF/F) media was rejected.  Heavily.

SJW 0/The rest of us 2.  One match TDB but leaning TROU

In summation:

We reject your message.  Is it obvious yet?

Do you think it is just my imagination that the media was complicit with the SJW?

Naaah, that could never happen.

But I know what the SJWs are thinking and wishing for:

‘If this only happened back in college–then we’d fix these bastards.’

Sorry pumpkins, this is the real world and the child games you played on campus have no leverage here.

Brain compass implant gives blind rats ‘internal GPS ‘

I’m dreaming that humans can expand their senses through artificial sensors for geomagnetism, ultraviolet, radio waves, ultrasonic waves and so on,” says Yuji Ikegaya of the University of Tokyo in Japan, head of the team that installed and tested the 2.5-gram implant. “Ultrasonic and radio-wave sensors may enable the next generation of human-to-human communicationMovie Camera,” he says.
Psychic GPS
The neuroprosthesis consists of a geomagnetic compass – a version of the microchip found in smartphones – and two electrodes that fit into the animals’ visual cortices, the areas of the brain that process visual information.
Whenever the rat positioned its head within 20 degrees either side of north, the electrodes sent pulses of electricity into its right visual cortex. When the rat aligned its head in a southerly direction, the left visual cortex was stimulated. The stimulation allowed blind rats to build up a mental map of their surroundings without any visual cues.

Yes, please.

via Brain compass implant gives blind rats psychic GPS – life – 02 April 2015 – New Scientist.

Bill Clinton Looking to Move to Germany

A social media company catering to Germany’s adult industry is creating a new position — a sexual position.
Kaufmich.com — which means “buy me” in German — has just announced it is hiring a full-time “prostitute tester.” A willingness to lie down on the job is a requirement, if you get our drift.
The man or woman chosen will review brothels in Germany, emphasizing service, cleanliness and compliance with safe sex practices. Doing this requires having sex with sex workers, according to Kaufmich.com’s product manager, who only gave his name as “Ben” to CNBC.
“Having a brothel in Germany is totally legal but so far there is not a quality system for them in place. We want to be the Tripadvisor for brothels,” Ben told CNBC. “Clients on Kaufmich should be able to check the quality of brothels before there go — like you check your hotel online before you book.”

via German Social Network Seeks Prostitute Tester.

Coming Second and Third Order Effects of Cheap Oil

After raising electricity tariffs in early 2014, [the government] took advantage of lower energy prices in the second half of 2014 to reduce and ultimately remove remaining gasoline and diesel subsidies. … [Subsidy reform should] help broaden the base of [the] federal revenue system and diversify it away from volatile oil and gas revenues. A strengthening of Malaysia’s social safety net is an integral part of the authorities’ fiscal strategy. The removal of subsidies freed up resources that can be redirected to better support poorer households through better targeted cash transfers.
Countries from Oman to Indonesia have undertaken similar campaigns to scale back or  eliminate fuel subsidies. In India, the Modi government cut costly public subsidies of diesel fuel, which were long understood to be counterproductive but were nevertheless politically unpopular to shed. Energy subsidies, which amount to more than $540 billion per year worldwide, are as common as they are damaging to economies, the poor, and the environment, since they stimulate consumption and undermine efforts to save energy and use it more efficiently. According to the World Bank, these subsidies are highly regressive: As much as 60 or even 80 percent of what governments in the Middle East and North Africa spend to subsidize energy benefits the richest 20 percent of the population, with the poor receiving less than 10 percent of these public funds.

Good.

via How Cheap Oil Is Reshaping Global Hotspots – Defense One.

Ethereum, Information Technology that Could Transform Law, Finance, and Civil Society

Ethereum’s developers believe their project will lead to the proliferation of programs they call “smart contracts,” in which the terms of an agreement are written in code and enforced by software. These smart contracts could carry out the instructions of a complex algorithm based on data feed—such as a stock ticker. They could facilitate practically any financial transaction, such as holding money in escrow or dispersing micropayments among autonomous machines. They could be used to create a peer-to-peer gambling network, a peer-to-peer stock trading platform, a peer-to-peer social network, a prenuptial agreement, a will, a standard agreement to split a dinner check, or a public registry for keeping track of who owns what land in a city.

Transparency and freedom from government busy-bodies.  Whats not to like.

via Here Comes Ethereum, an Information Technology Dreamed Up By a Wunderkind 19-Year-Old That Could One Day Transform Law, Finance, and Civil Society – Hit & Run : Reason.com.

Apple Watch: An 18-hour albatross on the wrist

Update: Faulty taptic engine slows Apple Watch roll out

The part involved is the so-called taptic engine, designed by Apple AAPL, -1.47% to produce the sensation of being tapped on the wrist. After mass production began in February, reliability testing revealed that some taptic engines supplied by AAC Technologies Holdings Inc., of Shenzhen, China, started to break down over time, the people familiar with the matter said. One of those people said Apple scrapped some completed watches as a result.

Update: 18 Hour Albatross Late for Its Debut

Angela Ahrendts has told Apple Store staff that the Apple Watch is unlikely to be available for in-store purchases before June – but they should expect the usual ‘blockbuster launches’ in retail stores for future products.

Update: Slow apps, low battery life limit appeal of Apple Watch

Loading an app required the watch to pull tremendous amounts of data from iPhones, Patel said, adding that Apple had told him upcoming software updates would address performance issues.
“The maps app, surely the answer to wandering pedestrians’ dreams, is so slow it makes me want to pull out my paper Rand McNally,” the Journal’s Fowler said.
Re/Code’s Lauren Goode said the watch’s battery life was not nearly as long-lasting as some other wearable devices. CNET’s Scott Stein said the battery’s recharge time was slow.

..

“…If you can tolerate single-day battery life, half-baked apps and inevitable obsolescence, you can now wear the future on your wrist,” Fowler said.

“Hey, what time is it?”

“Ummmm I dunno.  I didn’t charge my watch today.”

Apple Watch is attempting to be the technology jack-of-all-trades of smartwatches — making big trade-offs in exchange, namely battery life. And the Apple Watch is closed and proprietary — working only with Apple’s smartphones.

The Apple Watch is expected to last only 18 hours between charges, yet the Band can go roughly two days on a single charge.

Idiots.  This turns a small, clever, device of convenience (no more sun dials) into an albatross on the wrist.

via Microsoft outsmarts Apple Watch | America’s Markets.

Why Male Gamers Must Defend Their Territory

“We stop upholding “fun” as the universal, ultimate criterion for a game’s relevance. It’s a meaningless ideal at best and a poisonous priority at worst. Fun is a neurological trick. Plenty of categorically unhealthy things are “fun”. Let’s try for something more. Many of the alternatives will have similarly fuzzy definitions, but let’s aspire to qualities like “edifying”, “healing”, “pro-social”, or even “enlightening”. I encourage you to decide upon your own alternatives to “fun” in games (while avoiding terms like “cool” and “awesome” and any other word that simply caters to existing, unexamined biases).

That paragraph represents everything that is wrong with social justice thinking in less than 100 words.”

Excellent.  Click forth and read all:

via Why Male Gamers Must Defend Their Territory.

DJI is about to become the first billion dollar consumer drone company

Over the last two years DJI has emerged as the world’s most popular consumer drone maker, at least by revenue. And The Verge has learned that the company is currently in talks with Silicon Valley’s top venture capital firms to potentially raise a new round of funding. Sources familiar with the negotiations say DJI reported around $500 million in revenue for 2014, roughly four times what it did in 2013, and is on pace to do about $1 billion in sales this year. The potential valuation of the company would be a healthy multiple of that, several billion dollars, although no deal has yet been finalized.

via DJI is about to become the first billion dollar consumer drone company | The Verge.