No, this is a statistics trope. “Our revenue has grown 50x this year” always means “our revenue was <something laughable like $100> and now it’s <something still laughable like $5000>”
Because when your revenue goes from $10 million to half a billion, you just say that. Percentages are papering over bad initial or final conditions.
Drug companies do it all the time. They market something as providing a "50% reduction" in some metric and in the fine print you find it's a change from 0.5% to 0.25% in occurrence.
> No, this is a statistics trope. “Our revenue has grown 50x this year” always means “our revenue was <something laughable like $100> and now it’s <something still laughable like $5000>”
Orthogonal. I said it doesn’t imply it, and it doesn’t. It may suggest it’s likely - and it does - but it does not imply it.
Because when your revenue goes from $10 million to half a billion, you just say that. Percentages are papering over bad initial or final conditions.