anpama

3 ms·

1. 1.▲
   by anpama 7y ago

   A mobile app that at least 1 billion people use to communicate with one another.
2. 2.▲
   by anpama 7y ago

   That's exactly how they work: if the top 5% of people in some cohort earn $X or more, then that means 1 in 20 people in that cohort earn $X or more. OP may have confused one cohort (households) for another (individuals), but that'
3. 3.▲
   by anpama 7y ago

   That's exactly how they work...? And it's stated explicitly that it's a lower bound ("More than").
4. 4.▲
   by anpama 7y ago

   And that's higher than the Bay Area's 5%. I think the difference is that Boston has a lot of highly paid professionals (doctors, white-shoe lawyers, consultants, finance) who can earn much more than most people do in tech and othe