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It points out that percentage of growth is a valid and useful metric depending on the situation. As root comment noted, it doesn't matter much if it was very s
by kbenson 5y ago
It points out that percentage of growth is a valid and useful metric depending on the situation. As root comment noted, it doesn't matter much if it was very small, but that's not always the case. Additionally, absolute numbers aren't always useful for similar reasons, but affecting the opposite spectrum. A headline might note something has risen by billions, but if that amounts to growing by 5%, is that really any better of a way to represent things than growing a large percentage on a small amount?
- mettamage 5y agoThis is the point indeed. I once doubled my revenue one day, it went from $2 to $4. You think I joke but I was a kid back then. As a kid it was actually quite meaningful to double that particular amount. Now I wouldn't care about having a 100% return on $2. Perhaps if there's a principle behind it that's interesting I might care, but I wouldn't care much about the money made. But having 100% return on $2 million. Well, let's just say I'd care.