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This may be my single biggest pet peeve. I think of this problem more broadly every time I see some new movie is the highest grossing movie of all time. No shit
by airstrike 1y ago
This may be my single biggest pet peeve. I think of this problem more broadly every time I see some new movie is the highest grossing movie of all time. No shit, Sherlock. More people, more screens, more movie theaters, inflation... the record is always going to be broken.
I hate this so much I actually ran the numbers and saw that per capita box office revenues have remained generally stable since the 1980s.
- kumarvvr 1y agoExactly. As a VC isn't it their job to bring out relevant, thought provoking metrics? Instead, we have this monstrosity of metrics that make no sense.
- deleted 1y ago[deleted]
- seanhunter 1y agoNo. As a vc their job is to raise capital from investors and then invest that capital to make a return. Data scientists bring out relevant, thought-provoking metrics. They work for the people who work for the people who are the target audience here.
- JumpCrisscross 1y ago> Data scientists bring out relevant, thought-provoking metrics With all due respect, I’ve seen more corporate drivel and slide-show sugar out of data scientists than VCs. (Largely as a product of attention span.)
- antithesizer 1y agoCome on. That's like being bugged about a pizza joint describing itself as "world famous"
- matkoniecz 1y agoWell, I dislike both. And in either case I am going to trust less whoever repeats it uncritically.
- airstrike 1y agoI don't hold pizza joints to the same standards as large companies and the media.
- snowwrestler 1y agoGrowth in the installed base of computing and connectivity is not the same thing as simple inflation. Meeker is illustrating a material change in the environment.