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CremeImportant2347 t1_iuw27ib wrote

Reply to comment by [deleted] in Why a Blue check mark is now $8 on Twitter and Elon Musk's Next Steps - A piece of speculative business non-fiction by BandicootKind705

It is for someone who is worth $200 billion and bought a company, that is losing $800 million per year, for $44 billion. $30 million a year in additional revenue isn’t going to make Twitter a worthwhile purchase.

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[deleted] t1_iuw6ep2 wrote

Yeah but an extra 30 million a year for what? To fund his goal of going to mars? I don't use Twitter personally, but there is no transparency over why 8 dollars over 4 or 2 or 1, or 15.

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CremeImportant2347 t1_iuwc4oo wrote

I agree he doesn’t need another $30 million, which was my point that it’s pocket change to him.

The transparency over “why”’is just what are people willing to pay? if people will pay $100/month they’ll charge that, if people won’t pay anything then they can’t charge anything. Some people think Twitter is worth a lot to them and they’ll pay but others, like me, wouldn’t pay a dime for Twitter as it currently exists. They will pick a price point that they believe will maximize their revenue. They just don’t know what that is at the moment so numbers are all over the place.

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