Stats [plastic of two kinds]

Rohit Khare (
Tue, 15 Jul 1997 16:45:32 -0400 (EDT)

Here are some random statistics I came across recently which were intriguing.

The average plastic money transaction is still a mind-bogglingly high $62.

(a platinum card offer came in the mail with a sweepstakes feature that could
waive any purchase you made, odds 1:500. $62 was the average disclosed in the
"no purchase neccessary". Note that this makes their rolling daily sweepstakes
ten times cheaper than a frequent flier card. Psychology...)

There are 250 million 3.5" floppy drives. This is an interesting proxy for
total production of PCs since 1984. 5bn disks are consumed per year -- how
many by AOL?

Moscow represents 5% of the population (?), but 35% of the GNP, and 80% of
the financial assets. And I thought France was centralized...

Bill Gurley has shifted from Deutsche Morgan Grenfell to become the fourth
partner at Hummer, Winblad.