Google says, in 1k, the K stands for kilo. Nowadays it's easier to associate "K" with kilo because it's part of the universal metric system. And everyone uses the abbreviation "K" But using 1K for describing things like money year and followers etc. is originally an American thing. Using "K" as as the abbreviation for kip. An American unit of measurement used in architecture.
I made 1K last week with my new business.
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