Fundraising Memes

The mathematical error here is so massive it could collapse into a black hole. $4.97 million is claimed to be "almost halfway" to $1 billion, when it's actually about 0.5% of the way there. That's like saying you've almost climbed Mount Everest when you're still in the parking lot looking at a brochure. Numerically speaking, they're off by a factor of 100 - the kind of rounding error that would make even the most sleep-deprived undergrad wince. The real halfway point would be $500 million, which means they've got roughly 99.5% of their journey still ahead. Talk about optimistic estimation.