3 ms·

$100M is a lot less money today than it was in 2000 after factoring in inflation and low rates.

• pphysch 5y ago
  So is 600k
• tomrod 5y ago
  Yes, but also no. Per the CPI, for every $1 in 2000, you need $1.68 today. 1.68^1/22 - 1 is about 2.39%/year inflation. https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=200001&year2=202202 https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1&year1=200001...
  • propter_hoc 5y ago
    For the purposes of engineering salaries, CPI is not an accurate representation of the change in what $100M can buy.
    • tomrod 5y ago
      I can't imagine PPI is too far removed.
    • nikanj 5y ago
      For the purposes of corporate exits too, or for the purposes of real estate.
• deleted 5y ago
  [deleted]
• cush 5y ago
  But the revenue is also inflated, so it all works out in the wash.
  • whymauri 5y ago
    So Pets.com actually drove more revenue than Fast?! Oh my god.
    • itronitron 5y ago
      Also, most people in the US had heard of Pets.com while it still existed.