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nojokes
1986 days ago
In what kind of Lalaland is 50 million nothing?
2 comments
maskedinvader
1986 days ago
I guess parent comment is comparing facebook's quarterly revenue (~20 Billion) from ad sales, 50 million would be a fraction of a percent of 1 quarter of ad revenue I would imagine for a company like Facebook.
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CamperBob2
1986 days ago
In the context of advertising, I read "57M" as $57,000. They would normally write 57MM if they meant $57 million, wouldn't they?
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pdonis
1986 days ago
> In the context of advertising, I read "57M" as $57,000.
?? I would expect to see $57,000 abbreviated as $57K.
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CamperBob2
1985 days ago
That's now how they roll in that business. CPM for instance = cost per thousand.
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pdonis
1985 days ago
Maybe they all studied Latin or learned Roman numerals?
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CamperBob2
1985 days ago
Yep, the 'M' means 'mille' as I understand it. 'MM' is 'mille mille', or 'thousand thousand.'
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presto8
1985 days ago
Do you mean like the Roman "M" for thousand and "MM" for million? That is mixing Arabic numerals with Roman numerals.
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TheCoelacanth
1985 days ago
MM to denote millions is reasonably common in some fields:
https://corporatefinanceinstitute.com/resources/knowledge/ot...
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