| ▲ | hoofhearted a day ago | ||||||||||||||||
This deal is very strange and smells funky. Why would the state, the county, and the military even consider letting an inexperienced developer with zero past successful datacenter projects undertake such a vast project? I’ve been around the datacenter world for many cycles, and this story seems like a tale old as time. Again, why would someone with no experience take such an enormous risk? It may seem easy to build these things; but it’s actually quite difficult to get it all up and running safely and in sync at full capacity. Even experienced people in these fields mess up from time to time. For example, the largest electrical contractor in the dc area that was multigenerational family owned went under building the NSA data center in Utah, and they knew what they were doing! This was an expert electrical contractor with over 50 years of experience, and they got in way over their head with cost over runs and bad engineering. Somehow phases got crossed and things blew up if I remember correctly, and it lead to power surges that took them under. https://www.constructiondive.com/news/10th-largest-us-electr... https://www.bizjournals.com/washington/breaking_ground/2014/... How exactly is the shark tank guys property management company going to pull this off? | |||||||||||||||||
| ▲ | kelseyfrog a day ago | parent | next [-] | ||||||||||||||||
> why would someone with no experience take such an enormous risk? 6% of Americans think they could defeat a grizzly bear unarmed[1]. There is no upper bound to human confidence[hubris]. 1. https://yougov.com/en-us/articles/35852-lions-and-tigers-and... | |||||||||||||||||
| ▲ | greenavocado a day ago | parent | prev | next [-] | ||||||||||||||||
> How exactly is the shark tank guys property management company going to pull this off? By hiring expert subcontractors to actually do the work | |||||||||||||||||
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| ▲ | cucumber3732842 a day ago | parent | prev [-] | ||||||||||||||||
>Why would the state, the county, and the military even consider letting an inexperienced developer with zero past successful datacenter projects undertake such a vast project? Because the exact details are likely structured from their vantage point of all the decision makers it's structured as a heads I win tails you lose proposition. This is common in state and municipal permitting and just about everything else that the government has discretion for. I would even go so far to say that this is normal for anything that isn't so cookie cutter it gets the rubber stamp. If you're an upstart or your project is just so outrageous that can't get what you want via a "here's what I'm gonna do, here's why it complies with your bullshit, send me permits or a court date" frontal assault you make concessions. You (pay a PI to) figure out who the approvers are and stuff about them. You use the "right" civil engineering firm for all the surveying bullshit, the carbon offset BS projects in your proposal are in the "right" towns and places that benefit the "right" people and causes. If the head of some relevant department is a bird geek then you make one of your offsets a wetland restoration abutting and in partnership with some Audubon Society site. And on and on and on. Maybe if they've really got you over a barrel you front load it so that all these niceties get done up front and the stuff that you actually want to do gets done second. Slimy as it is, none of this is illegal. It's just how the sausage is made in a high regulatory environment. You have to make all the right decisions on the proposal side so that the people on the government side making their decisions have all the reason to approve you. It's an overpriced appeal to emotion of sorts. So anyway, you structure it like this and as far as they care worst case the endeavor goes tits up and leave a Parks and Rec style pit for them to use other people's money to clean up and it's still a win because it legitimizes the need for further extractive concessions paid up front from the next dreamer who thinks they're gonna pull off some project like yours. Or they know who they want to finish out your project if/when it fails. | |||||||||||||||||