more ‘annualised’ numbers
https://www.youtube.com/watch?v=1UseKYcluMk&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260522-openai-user-numbers-go-flat-just-in-time-for-the-ipo - podcast
time: 5 min 32 sec
more ‘annualised’ numbers
https://www.youtube.com/watch?v=1UseKYcluMk&list=UU9rJrMVgcXTfa8xuMnbhAEA - video
https://pivottoai.libsyn.com/20260522-openai-user-numbers-go-flat-just-in-time-for-the-ipo - podcast
time: 5 min 32 sec
This is so confusing. So is it -122% or is it -22%? Cause -122% should mean that for each dollar gained they lose 2.22 because that’s how percentages work, no?
The lower of those numbers is obviously fake. The other is “okay, I guess they’re doing better than I expected, but at least it’s plausible”
the “margin” is load bearing; formula here is operating income divided by revenue
I am not a CPA but I think that means “they spend $2.22 to make another $1.00”
I have no idea and I wonder if The Information does either.