Ask HN: Do you publicly announce your number of users?

FaveOne.com has 766 users :)

Since we are small, I am not sure how our beliefs about this data compare to those with larger projects.

IMO it depends on the site and whether or not the number of users correlate directly with income. For instance, i've worked on a few microsites for brands that report number of users on the site as a form of social proof.

On the other hand large services that announce their numbers might persuade more companies to enter the space.

Ask yourself why and why not you should or shouldn't publish the numbers, make a list, weigh the pros and cons and then decide. Sounds like you're just publishing this info because you have it, not for a good reason.