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Earlier quoted context omitted.
I didn't downvote you, but MM in Roman numerals is million. It is also common enough to represent roman numerals in lowercase that mm, as used here, is totally valid.
Million is M, not mm or MM or M&M
How much is 550 millimeterdollars worth?
For people who don't read the article and jump straight to the comments: YC is not leading Series A rounds. YC is creating a program to help improve outcomes for portfolio companies that go on to raise a Series A from other VCs.
The post is mostly focused on the “why”.
Duration, inaugural class start date, size of program, YC resources committed to program, cost in terms of cap table, criteria for eligibility, etc
How much is 550 millimeterdollars worth?
M stands for 'thousand': https://en.wikipedia.org/wiki/Roman_numerals
Earlier quoted context omitted.
M stands for 'thousand': https://en.wikipedia.org/wiki/Roman_numerals
I don't think people use Roman numerals when they say 500k to mean 500 thousand. It is implied the SI system is used. How does it switch from SI to Roman numerals when talking about millions? Also MM is 2000.
It's inconsistent but since it is in common use I wouldn't fret about it and just accept the fact.