We were taking 0.2ms to handle the registration of a timer per event during startup, even before the app is visible to the user. These timers would be short-circuited too, leading to a bunch of wasted time.
0.2ms isn't a lot of time, but multiplied by thousands of events at startup it's pretty significant.
On my account this reduces the full page spinner time from ~50 seconds to just over 20 seconds.