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PopCultureWeekly t1_j97xxc4 wrote

Reply to comment by 0x6835 in Meta announces paid blue verification tick on Facebook and Instagram: Details by northmania

And Musk is insane for doing it. Less than 100,000 people are paying for it on Twitter. Lol

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whatweshouldcallyou t1_j9agjgc wrote

What an insane guy, creating a new revenue stream that ONLY around 100,000 people are paying.

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PopCultureWeekly t1_j9apor3 wrote

It’s actually 37,000. If you think 37,000 people paying $8 is going to make a dent in that $44 billion dollar purchase I’m not sure what to say

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whatweshouldcallyou t1_j9ard92 wrote

37000 in the first few weeks. That number will likely grow to at least double by June. And, it's a non trivial revenue stream.

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PopCultureWeekly t1_j9as2k2 wrote

It’s been two and a half months. And it actually went down. My guess is once people started getting that 2nd charge

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Heelricky16 t1_j99opg6 wrote

I’m not sure what I’m missing here. How is he insane for doing it? Sure, less than 100k May be paying for it, so let’s say 80k, @ $11/month (iOS prices) that’s making them $880k a month just for people who want a blue check mark

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OriginalCompetitive t1_j98dkfp wrote

Not at all. The ability to publish a tweet to the world is nearly worthless to most people, but incredibly valuable to some. How much would Nikki Haley have paid, for example, to publish her candidacy for President to the world? $100,000? More? How much would Trump pay per tweet? How much would McDonalds pay? Hundreds? Thousands?

Charging commercial users a hefty price while letting normal people tweet for free is an obvious move, and makes perfect sense.

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macweirdo42 t1_j9a7d2f wrote

Power users drive engagement and are the reason anyone comes to Twitter in the first place. He's trying to double dip.

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