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"Over the space of a year, we had a 60% MoM Growth Rate, 35K MAU and a great team!" 60% MoM growth = 281x growth in a year. So you had 35k/281 = 125 users a ye
by kvm 7y ago
"Over the space of a year, we had a 60% MoM Growth Rate, 35K MAU and a great team!"
60% MoM growth = 281x growth in a year. So you had 35k/281 = 125 users a year ago? This seems like a disingenuous growth rate unless I'm missing something
- MattyMc 7y agoWhy is this disingenuous? Just curious :)
- kvm 7y agoIf I had 1 user on month 1, 1000 users on month 2, 5000 on month 3, 10000 on month 4, I could claim a 1000% (10x) MoM growth rate. But that'd imply you'll have 100K users during month 5 and 1M users on month 6, whereas it'll likely be <40K. One of the reasons you look at MoM growth rate is to project how fast it'll keep growing over the immediate future. It's unclear to me right now BTW don't get me wrong, I like the story and the hustle. Just not these numbers :)
- KindOne 7y agoSomething like this? https://xkcd.com/1102/ https://xkcd.com/1102/