2 ms·
True exponential growth is possible, but I suspect is rare, because the expenses can also compound, so a polynomial growth may be an acceptable approximation. I
by nine_k 1y ago
True exponential growth is possible, but I suspect is rare, because the expenses can also compound, so a polynomial growth may be an acceptable approximation. It's also important to remember that "every exponential growth curve is a sigmoid in real life" (can't remember the source of the quotation).
- jxjnskkzxxhx 1y ago> True exponential growth is possible, but I suspect is rare, because the expenses can also compound If you have an exponential (revenues) and another exponential of smaller rate (expenses; assume you have profit) then the difference is still an exponential.
- fooker 1y agoThis is in fact the most interesting exponential! Plot the graph of 2^x - 1.99^x to see what I mean. It stays close to the axis for a while and then suddenly shoots up. Follows the trajectory of quite a few companies now that I think of it.