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Re:FTX’s balance sheet was bad by belval on Monday November 14, 2022 @05:35PM (#33602310)
You got me. I wonder if we did a poll, how much money is "a bunch of money" and how much money is "a bunch of money on ads" for people.

I think if it had been $500k or $1M I would've called it a bunch, but $160k seems low.

Re:FTX’s balance sheet was bad by freejazz on Monday November 14, 2022 @06:09PM (#33602699)
The statement was actually "a bunch of ads"
Re:FTX’s balance sheet was bad by HKH2 on Monday November 14, 2022 @06:28PM (#33602940)
I think that's a US English thing. How much is 'a lot of money'? How much is 'a heap of money'?
Re:FTX’s balance sheet was bad by bwi4 on Monday November 14, 2022 @08:38PM (#33604163)
A bunch fits in a styrofoam beer cooler. A heap fits in the bed of a pickup truck. Anything more than that qualifies as a lot.
Re:FTX’s balance sheet was bad by smsm42 on Monday November 14, 2022 @06:45PM (#33603089)
For a serious ad campaign 160k is definitely not that big. Especially for a company with a revenue in billions.
Re:FTX’s balance sheet was bad by mateo411 on Monday November 14, 2022 @07:20PM (#33603449)
You can get a lot of impressions for 160K. You buy them in batches of 1000 using a term called CPM, which is cost per thousand -1-. CPM can be around 10 dollars for a really good segment. I'm sure there there are some adops folks that have a better knowledge than me. So, if CPM is $10, then that gives you around 1.6 million impressions.

-1- That's right M is for a thousand, because M is a thousand using Roman Numerals. You thought you would never have to remember that.

Re:FTX’s balance sheet was bad by soared on Monday November 14, 2022 @09:20PM (#33604452)
You are correct, though 160k is maybe a couple weeks of paid social budget for a company like starlink.