Friday, October 11, 2013

ObamaCare Website Roll Out Fails Horribly, Despite Spending $500 Million

The conservative estimate of the cost of the website to date is $500 million, but in its first week just 51,000 nationwide are claimed to have completed applications successfully.


DigitalTrends.com:

[F]or the sake of putting the monstrous amount of money into perspective, here are a few figures to chew on: Facebook, which received its first investment in June 2004, operated for a full six years before surpassing the $500 million mark in June 2010. Twitter, created in 2006, managed to get by with only $360.17 million in total funding until a $400 million boost in 2011. Instagram ginned up just $57.5 million in funding before Facebook bought it for (a staggering) $1 billion last year. And LinkedIn and Spotify, meanwhile, have only raised, respectively, $200 million and $288 million.

The UK Daily Mail:


Just 51,000 people completed Obamacare applications during the first week the Healthcare.gov website was online, according to two sources inside the Department of Health and Human Services who gave MailOnline an exclusive look at the earliest enrollment numbers.