Zatara
Collection is the term used for someone that has your book in his library.
Views are those that have seen at least one words of your novel.
So while views are nice and all (you can have for example 5M views), if you only have 200 collections, that means everyone read maybe one chapter your novel but don't follow it until the end.

      Innovation

      I think your forgetting, a single person may give you more then one view.

      For example, I have 1k chapters, so you can add 1k views to my novel. <-- has no novels with 1k chapters.

          1:233. Seems to be pretty close to what others here have.

            From what I know and have understood, chapters don't determine anything. Meaning that someone can click on chapter 46 of your novel, read this entire chapter, and it counts as 1 view. Another can only read chapter 1 and it counts as 1 view. But if someone read more, for example, your entire novel, it is still 1 view.
            1 View is the fact that they have read something, not that they have read 1 chapter. I can also be wrong, but this is an ongoing discussion since May 2018 where the term Views and Collections are in perpetual debate whether or not they are accurate and fair.
            Because if it goes by your logic that 1 view is 1 chapter read, that would mean LoHP (Library) doesn't even have 1M that read the entire thing. And that is impossible since it is the top 3 novels since the creation of this site. Everyone has read it and more than 1M people have passed the 1k chapters mark for the 105 M Views.
            The only variable is the "Guests" that read something. Those that don't have account. They may add duplicate views if they are using different devices.

            1 collection every 100k views

            Hmm hard to say if I feel unsatisfied about it. This ratio looks pretty good😁

            Hyowha
            Mine is about 121:1 (v:c)
            I believe that will only increase with time, as the number of collections stabilizes (or go down :)), while number of views will keep rising.

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