> If one in five current blue ticks paid $20 a month that would raise just under $15 million a year for Twitter…Twitter’s current revenues (mostly from ads) are $5 billion a year. Musk’s apparent plan would generate about 30 hours’ worth of annual revenue.
> Absolutely no one should pay $8 or $20 a month to support Elton Murk's latest scam. Asking low-income Twitter users to pay $92 a year so their tweets don't get hidden and deprioritized alongside bots is not giving "power to the people."
The 2nd comment above pretty much debunks that IMO. If you're paying money and given more visibility to your comments vs. non-paying users, this does the exact opposite.
If one in five current blue ticks paid $20 a month that would raise just under $15 million a year for Twitter
Until suddenly there are yellow checkmarks available for $100/month, and red checkmarks available for $500/month, and enterprise-only green checkmarks for $5,000/month.
What percentage of "current" blue ticks convert is not material since the TAM is about to become every Twitter user.
And the offering is not just about verification, but other Blue features. Personally I have no interest in a blue check, but I'd happily pay $8/month to remove ads (unfortunately only half the ads will be removed in this iteration).
not that i think this is some brilliant revenue strategy but it does not strike me as a good take to automatically assume that the current blue check mark base is a strict superset of who will pay $8/month
> Musk has dumped $13bn of debt onto Twitter's company account, increasing the interest repayments from $51m to $1bn a year. Its entire gross income is c. $700m a year. Its net income is negative & it doesn't receive gov. subsidies that kept similarly loss-making Telsa alive
https://twitter.com/jamesrbuk/status/1587381512500125699
> If one in five current blue ticks paid $20 a month that would raise just under $15 million a year for Twitter…Twitter’s current revenues (mostly from ads) are $5 billion a year. Musk’s apparent plan would generate about 30 hours’ worth of annual revenue.
https://twitter.com/ashtonpittman/status/1587509202401927168
> Absolutely no one should pay $8 or $20 a month to support Elton Murk's latest scam. Asking low-income Twitter users to pay $92 a year so their tweets don't get hidden and deprioritized alongside bots is not giving "power to the people."