• 0 Posts
  • 5 Comments
Joined 3 years ago
cake
Cake day: August 3rd, 2023

help-circle
  • Cancelled last week when I realized that I watch it almost never, the content I did consume was essentially filler, and the price was double what I originally subscribed for. I haven’t picked anything else to replace it yet but I think it’s finally reached the point that they are worse than the competition by a significant enough margin to matter. They really burned a lot of innate advantages. Thank you Mr. Doctorow for the correct terminology to address the situation!



  • Academic grants can work in a lot of ways. It is common for a significant chunk to be taken as overhead by the university (20-40%). This is generally smaller for senior members of the faculty who bring in more grants. The PI (primary investigator, read: dude with a reputation) tends to get 5-10% to run the program, and then another 30-40% goes to salaries for researchers working under them (read: grad students). The rest, on the order of 20%, goes to capital costs like materials, time on expensive machines, or prototypes.

    So this guy probably got paid $1-2M directly for the grants over maybe 3-5 years. Note I haven’t looked into his specific situation.