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Venture Capital: What does $50MM mean? |
Does it mean 'million market' or something like that? $50MM means $50,000,000. It comes from the Roman Numeral M meaning $1,000. Although technically MM stands for $2,000 in Roman Numerals, when talking about financial data, MM means a thousand thousand, or 1000 times 1000, which is a million. http://en.wikipedia.org/wiki/Mm 50,000,000 |
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