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A comment on Tutorspree (YC W11) raises $1MM from Sequoia .

Re:Tutorspree (YC W11) raises $1MM from Sequoia by smountcastle on Tuesday December 20, 2011 @05:39PM (#3375516)
Stupid question but why do folks write $1,000,000 as $1MM instead of $1M?
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by ryanwaggoner on Tuesday December 20, 2011 @06:19PM (#3375645)
M stands for the latin mille, which means 1000. So million is abbreviated as MM for 1000x1000.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by smountcastle on Wednesday December 21, 2011 @10:19AM (#3377734)
Thanks, same usage as CPM then.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by mhartl on Tuesday December 20, 2011 @09:16PM (#3376106)
The explanations are right, but I find $1m to be less noisy. The $1MM usage is firmly entrenched in finance, though.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by martindale on Tuesday December 20, 2011 @06:07PM (#3375608)
Not a stupid question at all. It bugs me too.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by suking on Tuesday December 20, 2011 @06:05PM (#3375602)
For some online & finance things M = 1 thousand (like CPM, cost per 1,000 impressions). So MM means 1 thousand, 1 thousands = 1 million.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by omarchowdhury on Tuesday December 20, 2011 @06:14PM (#3375628)
Surely the raising of $1,000 ($1M) would not make the news.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by suking on Tuesday December 20, 2011 @06:16PM (#3375635)
Not sure what you mean - they raised $1mm and I was answering the person's question why MM means million.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by 5l on Tuesday December 20, 2011 @07:22PM (#3375831)
I think he means there's no chance $1M could be mistaken for $1000 in this context.
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Re:Tutorspree (YC W11) raises $1MM from Sequoia by BigTigger on Tuesday December 20, 2011 @09:29PM (#3376133)
You're confusing me, I opened this thread amazed someone could raise 1 billion.

Now I'm quite happy that M = 1,000 and m = 1,000,000, and you're throwing me off with $1mm now.

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