[jrockway]

I completely agree with you, but I don't think it's ever ambiguous. I think it always means 2.17 times the expected amount. If a normal startup raises $100, then a highly differentiated startup will raise $217. That's because the article could have been "X raises 20% more", in which case they'd get $120 over the $100 baseline. Basically, I think "more" is the signifier that you don't multiply by 1.17. If that's missing, the number is meaningless.

[simonw]

I know that, and you know that. But did the person who wrote the article also know that? How careful were they?

Probably? But not definitely. Which is why I never use that term myself.

Similar to the reason I never say "bi-monthly" - it could mean twice a month, it could mean once every two months. So I don't use the term.

[jrockway]

Yeah, sorry, I meant to say I totally agree with you. I mentally explain this to myself every time I see it; 1 hour to understand what the % means, 5 seconds to actually read the article. It's terrible.