OpenAI is running out of other people’s money. Time to hit the public markets! OpenAI hopes to IPO in September. [WSJ, archive] SpaceX’s IPO is set for June 12. That’ll mess things up for OpenAI an…
  • foudinfo@jlai.luEnglish
    1·
    2 days ago

    I’m not sure I understand how you calculated this.

    2.22 Would be -222%

    50% of 1 can be calculated like 1 x 50 / 100 or simply 1 x 0.5

    Same for 122% 1 x 1.22 = 1.22

    • V0ldek@awful.systemsEnglish
      4·
      2 days ago

      If you spend $1.22 for every $1.00 gained, then your operating income is $-0.22. So your income is -22% of your revenue.

      Calculating like you do would mean that a -100% operating income margin means you break even, and that’s kinda silly. What would a positive margin mean?