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"100M signups in five days is impressive at first glance. However, if you do some quick math, you will see that 100M signups (defined by install the app + click
by dahwolf 3y ago
"100M signups in five days is impressive at first glance. However, if you do some quick math, you will see that 100M signups (defined by install the app + click a button that says signup with your Instagram account) out of 3.8 billion monthly active Meta users is 3% of their users"
Speaking of math, MAU means active at least once per month, which can be as meaningless as being triggered by a notification. Also, a month is longer than a week.
The 3% signup percentage is nonsense because only 1/4th of a month has passed. Even after a full month it's a guessed number because you have to know how often the "sign up" banner was served (and seen) to actually active users.
Calling a 1 million new users PER HOUR "not a slam dunk".