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You can't give a concrete and nonsensical way Uber has grown 100x (minimum number of "orders") while revenue tripled. Cannot be miles. Can't be riders. Can't b
by danielmarkbruce 1mo ago
You can't give a concrete and nonsensical way Uber has grown 100x (minimum number of "orders") while revenue tripled.
Cannot be miles. Can't be riders. Can't be drivers. Revenue is top line, by definition.
This statement is as bad as the original. There is no need for hyperbolic statements that one doesn't even understand. "Uber has grown significantly" works. Why the need to sound so sophisticated and use terms like "orders of magnitude" ? It erodes trust by signaling "we are full of sh*t".
- lirolero 1mo agoHe’s basically saying Uber is much bigger than it was 5+ years ago. Revenue almost tripled, and the company added a lot more products, people, and complexity. “Orders of magnitude” here just means “a lot,” not literally 10x or 100x.
- bamboozled 1mo agoThen he could just say uber has grown a lot?
- lirolero 1mo agoHe could have said a myriad of things, but he chose to say that, and what he chose to say isn’t incorrect.
- danielmarkbruce 1mo agoyes, it is. It's incorrect, misleading and douchey. If they didn't say "revenue tripled" and you asked people to speculate how much Uber had grown in 5 years given the statement, you'd get a lot of guesses around 100x.
- lirolero 1mo agoskill issue
- kingstnap 1mo agoThey are simply measuring in base 1.7 :^) Uber has grown 2 orders of magnitude!
- danielmarkbruce 1mo agotouche.
- mncharity 1mo agoOr base 2. 2^1.5 (2.83) is the low bound on two orders of magnitude base 2. So tripled fits. All this concern, when he merely assumed everyone would realize he meant oom base 2. :P
- mncharity 1mo ago> has grown 100x (minimum number of "orders") Two orders of magnitude is 31.6 to 316 (10^1.5 to 10^2.5), so 32x would be sufficient. Most Uber 5-year growth numbers seem less than 3x. Steelmanning, some programs seem new in 2021 (Uber One, autonomous driving), and thus might have grown more dramatically as they spun up. But yes, eep. Maybe misuse will, by getting more exposure for the term, eventually get us more people who know and use it properly? Maybe?