> Musk wants to start charging people to have a little blue check mark next to their names on Twitter. I wrote yesterday about reports that the price will be $19.99 per month, but that seems not to be a final decision, and other numbers have been suggested. Also last night Musk was personally negotiating the price with Stephen King. “$20 a month to keep my blue check?” tweeted King. “[No], they should pay me. If that gets instituted, I’m gone like Enron.” Musk replied: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about $8?” I absolutely love that, in between his busy schedule of reading printouts of 50 pages of code per Twitter employee to decide who to fire, Musk is personally going to negotiate commercial terms with each of Twitter’s hundreds of thousands of verified users. I have a blue check, I’m gonna tweet “I’ll pay $7.69” and see what he says.
King made a comment about price, and Musk made a (relatively) good reply - by asking "How about $8?" he's framed it as a value proposition and now you have to either say "nothing, Twitter is worthless" or you have to come back with a dollar amount. It's a good framing move.
An obvious solution could be revenue-share similar to how YouTube does - post a viral tweet that generates $x in ad revenue for Twitter, receive some percentage of that. Make it available only to blues who pay and ... (Musk if you use this send me car or a rocket :P )
At 280 characters that sort of thing would create the worst incentives possible on a platform with already terrible incentives.
Sure seems like Musk will be selling the desiccated corpse of Twitter to Verizon within a decade. On the bright side for him, he'll never have to pay tax again after writing it off.
> Musk wants to start charging people to have a little blue check mark next to their names on Twitter. I wrote yesterday about reports that the price will be $19.99 per month, but that seems not to be a final decision, and other numbers have been suggested. Also last night Musk was personally negotiating the price with Stephen King. “$20 a month to keep my blue check?” tweeted King. “[No], they should pay me. If that gets instituted, I’m gone like Enron.” Musk replied: “We need to pay the bills somehow! Twitter cannot rely entirely on advertisers. How about $8?” I absolutely love that, in between his busy schedule of reading printouts of 50 pages of code per Twitter employee to decide who to fire, Musk is personally going to negotiate commercial terms with each of Twitter’s hundreds of thousands of verified users. I have a blue check, I’m gonna tweet “I’ll pay $7.69” and see what he says.