Submitted by sikeig t3_yhzhgm in wallstreetbets
h1g440rs3 t1_iugiwei wrote
Bullish. Twitter should have turned a profit long time ago. Dorsey is a nitwit
RedditsFullofShit t1_iugkz1n wrote
If you have to pay to use it people will leave
Jimster480 t1_iugmiu8 wrote
Not for blue checks. Regulars won't pay. Blues will.
[deleted] t1_iugkyhk wrote
[deleted]
Odd_Explanation3246 t1_iugm56j wrote
Twitter blue check is like validation for alot of people and businesses might want to use it..even if 1 million accounts are paying for it.. thats 240 million/year..elon is going to monetize the fuck out of twitter.
MillennialToast0 t1_iugv279 wrote
Lol how can there be 1 million verified users who will pay when there are no more than 300k verified users period?
Out of the 300k verified users right now I guarantee you there won't be more than 15-20% who will pay. So that's what, 60k*240=14.4 million dollars a year? Far cry from your 240 million.
Tybackwoods00 t1_iugwbiu wrote
I think he’s estimating blue check mark community will grow
imregrettingthis t1_iugmp4l wrote
The likelier is that when the majority of people don't want to pay $20 there will be another network that comes and becomes popular. Twitter is popular because of it's userbase. If it loses a portion of that the people who are willing to pay follow.
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We are about to find out.
h1g440rs3 t1_iugxf6p wrote
You’re talking like a huge nerd. Twitter has cultural significance you can’t just replace that overnight. And you really think people won’t pay to get verified when they pay for Spotify, Netflix, and any other subscription service? Clout is the only form of currency in social media and to most verified accounts, that would be a business expense.
MillennialToast0 t1_iuho38l wrote
Lol so why aren't there more than 300k total verified users right now, when it's free? That's less than 1% of daily active users. That number isn't going to suddenly drastically increase "for clout" especially now that you have to pay for that "clout". It's absurd.
h1g440rs3 t1_iuhv6m3 wrote
Who knows what the criteria to be verified is. Maybe Elon will update the t&a
imregrettingthis t1_iuhyg6t wrote
Lol. Why does it need to be overnight. Twitter currently doesn’t turn a profit.
If they don’t get to that it doesn’t matter how long they take it will fail. It can be a slow bleed ans I can still be right.
Silly.
h1g440rs3 t1_iuielys wrote
Again, cultural relevance. But sure, truth social or some other platform will onboard users lul
imregrettingthis t1_iuievyb wrote
Lol. Are you 2 days old or just not paying attention? 5 years ago it was Instagram. 10 years it was Facebook. 15 years it was MySpace but sure this ones sticking around forever despite actively pushing people away.
h1g440rs3 t1_iuja2rc wrote
All those platforms served different purposes. For the first source of breaking news, direct thoughts and analysis, and memes twitter is the only one in that space.
imregrettingthis t1_iujbzbc wrote
Each of them were the only one in their space at the time....
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