scoop: as of mid-January, Twitter only had around 180k paid subscribers in the US, less than .2% of its monetizable monthly active users. with around 290k paying subscribers globally, this would imply just ~$28m in annual revenue — 1% of Twitter's total
Follow
Sahil Patel
@sizpatel
Tell me your (business) secrets: sahil@theinformation.com
new donk cityJoined January 2012
Sahil Patel’s Tweets
How good is ChatGPT with anecdotal ledes? Asking for no reason in particular.
3
Harry Styles is a discount David Bowie.
1
2
Netflix's convoluted efforts to restrict password sharing is going to make people long for the good old days when all you had to do was talk to, like, 97 people to cancel your cable TV subscription.
7
If you can create a 4-hour YouTube video that gets 100 million views, all happening at the same time, with an average completion rate of 100%, then definitely charge advertisers $7 million to air ads in your video.
Otherwise, shut up about you being bigger than the Super Bowl.
6
9
58
Netflix's ad tier is showing signs of traction, according to what (little) info the company has shared with advertisers.
But Netflix's dreams of becoming the next Hulu is going to take time. They've started by hiring a bunch of former Hulu folks.
17
20
I hate the Eagles. I hope the Eagles win the Super Bowl.
1
Show this thread
Bengals got robbed.
2
3
Show this thread
Inside the story of Wyre, the crypto payments firm that went from a $1.5 billion deal with Bolt to a bailout. Credit card fraud, layoffs, and tough competition have crippled the startup, but interim CEO Stephen Chen is hoping to turn the ship around.
1
7
28
"BuzzFeed remains focused on human-generated journalism in its newsroom."
Human-generated. HUMAN. GENERATED.
I be human! I make words! Beep boop scoop.
2
13
34
I spent the last 2mo talking to 20+ employees at the tech unicorn Patreon. They described a mission-driven startup crumbling under the leadership of YouTuber turned CEO Jack Conte
There's 6-figure discrimination settlements, sketchy stock sales & more:
theinformation.com/articles/at-pa
11
185
682
Show this thread
There are a lot more LinkedIn hucksters on my Twitter feed these days.
1
7
Vox Media is laying off 7% of staff citing worsening economic conditions.
The outlook is grim and might get worse: advertisers are slashing budgets by more than 20% for the first half of 2023, according to one top ad buyer.
4
2
Just who do you think you are having your notifications silenced? A person? Setting boundaries? Not today, source who I haven’t spoken to in a year!
2
12
SCOOP: Twitter’s ad revenue fell around 35% in the fourth quarter of last year to $1.025 billion, 72% of Twitter’s own projections. Twitter hopes to make $732 million in revenue in Q1.
way more details here, including Q4 revenue broken out by region:
3
38
66
It is I, a man who requests “no avocados” from the fancy new avocado-themed salad joint the office is ordering lunch from. AMA.
1
3
SCOOP: Twitter intentionally suspended Tweetbot and other third-party apps, per internal Slack messages viewed by The Information.
58
1,207
1,704
Show this thread
All board games should be banned—especially those that involve players banging their hands down loudly on a table.
4
1
4
Twitter has unlimited ad space. The company “matching” ad spend costs them nothing, and more crucially, it doesn’t mean shit to most advertisers because it doesn’t fix the core problems marketers have with the platform.
But hey, YOLO BOGO once again!
1
1
Netflix's ad-supported viewership has been around 20% lower than expected, so the company is letting advertisers take their money back, tho some brands are keeping their ad dollars w Netflix and moving them to 2023
1
5
3
if I were a billionaire I would simply live a secretive and opulent life of leisure away from the public eye. but I guess I'm built different
15
23
662
kind of a bummer to have been born at the very end of the Fuck Around century just to live the rest of my life in the Find Out century
306
52.2K
297.9K
Show this thread
Fox Sports: Emmmmm-bappey
1
At what age can I start buying Sopranos-style track suits for a baby? (To be clear: I’m talking about the baby’s age, not mine—I’m an adult.)
1
2
"Matching" ad spend is easy to do when you have infinite supply. But how good is the quality of the supply?
2
Trying not to do crime does not absolve you if you, y'know, STILL DID the crime.
3
Today is a bad day to be anti-plates.
1
1
Some personal news: my niece has learned how to crawl. Please get to safety; no one is safe now.
8
This well-placed, very knowledgeable source has been very active today.
1
9
black people.
Quote Tweet
143
1,208
13.2K
I’m sorry—maybe I’m missing something—but didn’t an employee commit suicide? And another contemplate it? And 11 years is seen as too harsh?
1
2
Elon, do Ticketmaster next.
2
There is a very realistic possibility that by next week Twitter has only 6 employees.
1
1
Oh god, what’s he done now?
Pin tweet
2
as this website dies (and as I remember to do so) I wanna celebrate some of the greats. I think about this tweet about twice a week.
3
101
671
Show this thread
Are the locks on the inside or the outside?
Quote Tweet
Qatar has unveiled the first of its World Cup “fan villages” in Doha.
Up to 60,000 people
Twin single/One double bed
Mini-fridge, bathroom
Strict anti-alcohol policy
These Al-Emadi rooms cost $203 a night.
Up to 60,000 people
Twin single/One double bed
Mini-fridge, bathroom
Strict anti-alcohol policy
These Al-Emadi rooms cost $203 a night.
4
OK but hear me out: what IF the two Smiths were related?
1
2
There are way too many Philly fans on media Twitter. I know more about Doc, Bryce, Howie and the rest of the gang than I’ve ever wanted to.
2
2
in honor of an amazing first season of #HOTD , I asked to name these characters without ever seeing an episode. here are the results:
13
14
40
Show this thread
Trivia Q: How long does it take to retrieve a parent’s car that was mistakenly towed due to a clerical error made by Honda?
A: a Kafkaesque bureaucratic journey followed by absolution… on the 6th day.
1