Elon Musk $41B offer for Twitter

Elon Musk $41B offer for Twitter

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Discussion

LivLL

10,902 posts

198 months

Sunday 31st March
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EddieSteadyGo said:
Pretty sure Musk calls "verified subscribers" those who pay for a blue tick. Hence "verified subscriber followers" would be how many of those people follow a given account.

Oliver Alexander knows that of course, but he prefers to misrepresent it so he can get a few more "likes".
Yep - blue tick is Verified

Subscriber is either basic, premium or premium+

To get your free Premium subscription worth £100 a year you need to have 2500 followers who are already premium or premium+ paying users.

To get your free Premium+ subscription worth £200 a year you need to have 4500 followers who are already premium or premium+ paying users.

I'd imagine there aren't many non blue tick accounts that have 5000 followers who are blue tick paying members.

Worth noting if you subscribe but don't have a blue tick it's still £40 a year

All that to save £5 a month rofl

Edited by LivLL on Sunday 31st March 14:41


Edited by LivLL on Sunday 31st March 14:49

p1stonhead

25,595 posts

168 months

Sunday 31st March
quotequote all
I know he’s a bit of an egotistical maniac and a hot head, but genuinely how could Musk not understand that the ONLY reason that verified accounts used to have value, was because they could NOT be bought?

Like honestly. It was the most basic thing ever and absolutely key to why people trusted Twitter.

RichTT

3,082 posts

172 months

Sunday 31st March
quotequote all
p1stonhead said:
the ONLY reason that verified accounts used to have value, was because they could NOT be bought?
Twitter insiders sold blue check accounts for up to $15k a pop prior to Musk's take over.

https://x.com/WSBChairman/status/15889739183792005...

CoolHands

18,726 posts

196 months

Sunday 31st March
quotequote all
LivLL said:
Yep - blue tick is Verified

Subscriber is either basic, premium or premium+

To get your free Premium subscription worth £100 a year you need to have 2500 followers who are already premium or premium+ paying users.

To get your free Premium+ subscription worth £200 a year you need to have 4500 followers who are already premium or premium+ paying users.

I'd imagine there aren't many non blue tick accounts that have 5000 followers who are blue tick paying members.

Worth noting if you subscribe but don't have a blue tick it's still £40 a year

All that to save £5 a month rofl

Edited by LivLL on Sunday 31st March 14:41


Edited by LivLL on Sunday 31st March 14:49
as I’m not on Twitter, all that does to a regular pleb like me is make it sound like a load of wk. Who wants to gets confused about blue ticks / verified + etc ? And it depends on whether or not your followers are paying members? Like some dodgy pyramid scheme, herbalife was it?

EddieSteadyGo

12,051 posts

204 months

Sunday 31st March
quotequote all
CoolHands said:
s I’m not on Twitter, all that does to a regular pleb like me is make it sound like a load of wk. Who wants to gets confused about blue ticks / verified + etc ? And it depends on whether or not your followers are paying members? Like some dodgy pyramid scheme, herbalife was it?
It's more fundamental. Twitter doesn't work particularly well (imo) as an advertising platform. It has never worked that well. It's ok for brands who can afford 'brand awareness' campaigns, but isn't that good at 'direct response' campaigns i.e. you show someone an advert and as a result they go and buy something. Meta on the other hand is exceptional at this, which is why it is a cash generating machine.

This problem has resulted in Twitter (pre-Musk) always struggling to make a profit. Musk takes over, he insults those big brands who were advertising, so they reduce their ad-spend. That makes Twitter's cash burn rate frighteningly bad. Musk then cuts back on every aspect of spend which might be considered 'discretionary' whilst he tries to find new sources of revenue.

And so you get the idea of paying for a blue-tick, to be 'verified'. But it gets implemented in a cack-handed way, so he also then pisses off many of the largest accounts on Twitter.

With hindsight, he should have left the original 'blue ticks' alone, and added a different type of badge/verification for other people who wanted to pay to be verified. This latest idea of not charging the largest accounts for their bluetick is a climb-down by Musk and a step towards that I think.

rallycross

12,826 posts

238 months

Sunday 31st March
quotequote all
EddieSteadyGo said:
It's more fundamental. Twitter doesn't work particularly well (imo) as an advertising platform. It has never worked that well. It's ok for brands who can afford 'brand awareness' campaigns, but isn't that good at 'direct response' campaigns i.e. you show someone an advert and as a result they go and buy something. Meta on the other hand is exceptional at this, which is why it is a cash generating machine.

This problem has resulted in Twitter (pre-Musk) always struggling to make a profit. Musk takes over, he insults those big brands who were advertising, so they reduce their ad-spend. That makes Twitter's cash burn rate frighteningly bad. Musk then cuts back on every aspect of spend which might be considered 'discretionary' whilst he tries to find new sources of revenue.

And so you get the idea of paying for a blue-tick, to be 'verified'. But it gets implemented in a cack-handed way, so he also then pisses off many of the largest accounts on Twitter.

With hindsight, he should have left the original 'blue ticks' alone, and added a different type of badge/verification for other people who wanted to pay to be verified. This latest idea of not charging the largest accounts for their bluetick is a climb-down by Musk and a step towards that I think.
We used to run campaigns for clients on Twitter none of them worked at all it’s no good for normal advertising more for brand awareness etc. this was before Elon came along and made it worse for advertisers!


hidetheelephants

24,577 posts

194 months

Sunday 31st March
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So he bought a turd that had been rolled in glitter and has removed the glitter? Figures.

p1stonhead

25,595 posts

168 months

Sunday 31st March
quotequote all
RichTT said:
p1stonhead said:
the ONLY reason that verified accounts used to have value, was because they could NOT be bought?
Twitter insiders sold blue check accounts for up to $15k a pop prior to Musk's take over.

https://x.com/WSBChairman/status/15889739183792005...
That may be the case, but actual famous and ‘important’ people as well as companies, has official ticks so you knew they were legit. Absolutely a st show these days.

robscot

2,246 posts

191 months

Sunday 31st March
quotequote all
RichTT said:
Twitter insiders sold blue check accounts for up to $15k a pop prior to Musk's take over.

https://x.com/WSBChairman/status/15889739183792005...
Looks like you think you cited a legit source there 😂

FourWheelDrift

88,609 posts

285 months

Sunday 31st March
quotequote all
If you use Chrome add the extension Eight Dollars - https://chromewebstore.google.com/detail/eight-dol...

It shows if the Twitter user an original verified user or a paid verified user.

RichTT

3,082 posts

172 months

Sunday 31st March
quotequote all
p1stonhead said:
That may be the case, but actual famous and ‘important’ people as well as companies, has official ticks so you knew they were legit. Absolutely a st show these days.
https://help.twitter.com/en/rules-and-policies/profile-labels

They still exist in the form of Gold or Grey ticks, or are you ignoring that because it doesn't fit some sort of narrative?

"famous" and/or "important people" are perfectly welcome to pay for a blue tick like everyone else seeing as being "famous" and/or "important" isn't a free ticket any more. As it should be.

RichTT

3,082 posts

172 months

Sunday 31st March
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robscot said:
Looks like you think you cited a legit source there ??
Believe what you want mate. I'm not here to convince you.



Electro1980

8,329 posts

140 months

Sunday 31st March
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hidetheelephants said:
So he bought a turd that had been rolled in glitter and has removed the glitter? Figures.
And then took a massive dump on top of it and proclaimed whilst all the fanboys clapped whilst he was stting out his breakfast.

robscot

2,246 posts

191 months

Sunday 31st March
quotequote all
RichTT said:
Believe what you want mate. I'm not here to convince you.

You haven’t.

Thanks for the screenshot though and giving it another go.

Byker28i

60,334 posts

218 months

Sunday 31st March
quotequote all
RichTT said:
robscot said:
Looks like you think you cited a legit source there ??
Believe what you want mate. I'm not here to convince you.

Sorry, your complaining twitter was doing essentially what Musk is doing now? People pay money for the blue tick?

KarlMac

4,480 posts

142 months

Sunday 31st March
quotequote all
robscot said:
RichTT said:
Believe what you want mate. I'm not here to convince you.

You haven’t.

Thanks for the screenshot though and giving it another go.
If that’s the original ‘chairman’ from r/Wallstreetbets then he’s absolutely full of st because he was trying to flog the lot during the GameStop saga. Admin rights to the page, movie/book deals, his social media accounts. Absolute mercenary. Was only some wily work of the other mods that saved the subreddit.

dobbo_

14,402 posts

249 months

Sunday 31st March
quotequote all
RichTT said:
I am politically homeless.
This has to be satire. Stay strong brother

EddieSteadyGo

12,051 posts

204 months

Sunday 31st March
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dobbo_ said:
This has to be satire. Stay strong brother
You say that, but do you have a political home? Don't tell me Keir Starmer has happened to alight on your political home?

captain_cynic

12,105 posts

96 months

Monday 1st April
quotequote all
dobbo_ said:
RichTT said:
I am politically homeless.
This has to be satire. Stay strong brother
It's code for "my views are so extreme that they'll never be supported by anyone with any hope of being elected".

RichTT

3,082 posts

172 months

Monday 1st April
quotequote all
Byker28i said:
Sorry, your complaining twitter was doing essentially what Musk is doing now? People pay money for the blue tick?
Gatekeeping the review process to those who you believe 'deserve' a blue check account, or as it seems, were able to afford bribing you with $15k, doesn't quite equate with the egalitarian position of anyone being able to pay $8 for a verified account.

captain_cynic said:
dobbo_ said:
RichTT said:
I am politically homeless.
This has to be satire. Stay strong brother
It's code for "my views are so extreme that they'll never be supported by anyone with any hope of being elected".
I'm curious which of the main stream political parties in the UK feel like home to you?

Because all I can see is either a bunch of inept thieves, economic illiterates, genderwang proponents, climate loonies, or in my case in Scotland, the SNP, who are set on re-creating Nineteen Eighty Four.


Edited by RichTT on Monday 1st April 03:58