Prognostication For Fun And Profit: States And Events - Shopify

What this post added

This post introduces the core concepts of states and events as the foundation for calculating e-commerce metrics. It clarifies the distinction between measuring points (events) and intervals (states), and how these relate to accounting concepts like balance sheets and income statements. The post advocates for starting metric calculations with well-defined events due to their inherent clarity and argues for the flexibility of event-based calculations when dealing with complex or evolving metric definitions. It sets the stage for future discussions on specific metric implementations and advanced analytics.