Re:Company with the “World’s Least Powerful CEO” Makes $2.5 ...
by waylandsmithers on Thursday April 18, 2013 @04:21PM
(#5572846)
Definitely an interesting story, but I hate the "$2.5 Mil per Day" framing of the headline. This isn't anything noteworthy-- lots of companies have annual revenues of over $900 million.
[ Parent
| on HN ]
Re:Company with the “World’s Least Powerful CEO” Makes $2.5 ...
by no_more_death on Thursday April 18, 2013 @05:41PM
(#5573302)
They don't want to report daily revenue because it would average out to a lot less than $900 million a year, I think. Two weeks ago they were making over 1 million a day, now it's over 2 million a day.[1] To me, that growth rate at this kind of scale is more meaningful than a yearly figure (or a daily figure, to be honest).
Of course, the reason they use "2.5 million per day" is to give you a classic Scrooge McDuck kind of visual, with a big semi trailer packed with money entering your palace every day.