Tutorspree (YC W11) raises $1MM from Sequoia

by siruva07 • 15 years ago

32 10 15 years ago

Stupid question but why do folks write $1,000,000 as $1MM instead of $1M?

suking2• 15 years ago

For some online & finance things M = 1 thousand (like CPM, cost per 1,000 impressions). So MM means 1 thousand, 1 thousands = 1 million.

omarchowdhury• 15 years ago

Surely the raising of $1,000 ($1M) would not make the news.

martindale• 15 years ago

Not a stupid question at all. It bugs me too.

ryanwaggoner• 15 years ago

M stands for the latin mille, which means 1000. So million is abbreviated as MM for 1000x1000.

smountcastle2• 15 years ago

Thanks, same usage as CPM then.

mhartl• 15 years ago

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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