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theSamParr's profile
Sam Parr ⚪️
Sam Parr ⚪️
Sam Parr  ⚪️
@theSamParr

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Sam Parr  ⚪️

@theSamParr

Love motorcycles and dogs. CEO of The Hustle. Internet entrepreneur and investor. Always scheming. ya, check mark is a joke

San Francisco
thehustle.co
Joined July 2012

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    1. mikeelias.com  💡 📈‏ @harmonylion1 Jun 5
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      The future of journalism is free — not subscriptions. Why make the best information *less* popular?

      2 replies 1 retweet 10 likes
    2. Tyler Preston  🎸‏ @MrTylerPreston Jun 5
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      Replying to @harmonylion1

      Not sure @theSamParr would agree w you Here’s a great podcast on thathttps://podcasts.apple.com/us/podcast/the-indie-hackers-podcast/id1206165808?i=1000446752339 …

      1 reply 0 retweets 1 like
    3. Sam Parr  ⚪️‏ @theSamParr Jun 5
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      Replying to @MrTylerPreston @harmonylion1

      Yeah, I 100% don't agree. 1. 100% ad-supported news will not give you the full truth 2. People are more nervous now than ever about privacy, ad targeting...so many will pay 3. Free stuff has been the norm. Sub revenue has always been popular tho

      2 replies 0 retweets 1 like
    4. Sam Parr  ⚪️‏ @theSamParr Jun 5
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      Replying to @theSamParr @MrTylerPreston @harmonylion1

      Long story short: 1. Both free and paid will always exist. 2. Paid used to thrive more than it does now. But I think it will grow big time in next 5 years

      1 reply 0 retweets 2 likes
    5. mikeelias.com  💡 📈‏ @harmonylion1 Jun 5
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      Replying to @theSamParr @MrTylerPreston

      Paid will stay for niche pubs and premium content. But for “news” — the stuff that builds common knowledge — there’s a conflict of interest between publishers and readers that the subscription model does not resolve: - Readers need truth/usefulness - Publishers need profit

      2 replies 0 retweets 1 like
    6. mikeelias.com  💡 📈‏ @harmonylion1 Jun 5
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      Replying to @harmonylion1 @theSamParr @MrTylerPreston

      Appreciate your input, by the way! 😊 Another problem with subscriptions is they subdivide ideological tribes further.

      1 reply 0 retweets 1 like
    7. Sam Parr  ⚪️‏ @theSamParr Jun 5
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      Replying to @harmonylion1 @MrTylerPreston

      If you pay for cable, you get everything. I imagine things like that will continue to exist. But the problem with advertising is the profits aren't huge and the audience/creator/advertiser do not have the same incentives.

      1 reply 0 retweets 2 likes
    8. mikeelias.com  💡 📈‏ @harmonylion1 Jun 5
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      Replying to @theSamParr @MrTylerPreston

      100%. The incentive misalignment is the biggest problem in journalism.

      1 reply 0 retweets 1 like
      Sam Parr  ⚪️‏ @theSamParr Jun 5
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      Replying to @harmonylion1 @MrTylerPreston

      I don't think any solution is perfect. But I can say with experience building a medium-size medium company: 100% ad-supported journalism is either (or both) 1. so difficult to sustain 2. does not give you 100% the truth

      12:40 PM - 5 Jun 2020
      • 2 Likes
      • Tyler Preston 🎸 mikeelias.com 💡📈
      1 reply 0 retweets 2 likes
        1. mikeelias.com  💡 📈‏ @harmonylion1 Jun 5
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          Replying to @theSamParr @MrTylerPreston

          100% agree. The incentive misalignment pervades the ad model as well.

          0 replies 0 retweets 1 like
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