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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    1. Venkatesh Rao‏ @vgr Feb 28
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      My estimates the min cost of writing ordinary long form nonfiction well at various lengths in the US (not special stuff like poetry or advertising copy): 0-500 words: 5c/word 500-1500: 10c/word 1500-4000: 50c/word 4000-15,000: 75c/word 15,000-50,000: $1/word >50,000: $2/word

      4 replies 1 retweet 20 likes
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    2. Venkatesh Rao‏ @vgr Feb 28
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      If you aren't being paid at that rate, you're subsidizing the effort in return for access/exposure etc. The cost goes up with total length because you have to keep bigger ideas coherently stable in your head. Even with best structuring/modularization it gets harder and harder.

      1 reply 0 retweets 11 likes
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    3. Venkatesh Rao‏ @vgr Feb 28
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      I pay $100 honorarium for ribbonfarm contributions in the 1500-4000 range so really that should be $750-$2000 pay. So the exposure piece has to be worth $650-$1900 to people to take the bet.

      2 replies 0 retweets 4 likes
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    4. Catherine Baab-Muguira‏ @Greedzilla1 Feb 28
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      Replying to @vgr

      The truth is freelance writers are subsidizing publications, not the other way 'round

      1 reply 0 retweets 0 likes
      Venkatesh Rao‏ @vgr Feb 28
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      Replying to @Greedzilla1

      I don't think subsidy is a good mental model either way though it's tempting to use it. It's useful to think about subsidies for public goods.

      1:57 PM - 28 Feb 2020
      2 replies 0 retweets 0 likes
        1. Catherine Baab-Muguira‏ @Greedzilla1 Feb 28
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          Replying to @vgr

          Maybe floating is the better term?

          0 replies 0 retweets 1 like
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        2. Venkatesh Rao‏ @vgr Feb 28
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          Replying to @vgr @Greedzilla1

          I use the subsidy mental model only at 2 levels: public goods, or the "internal economy" of a single household's life.

          1 reply 0 retweets 0 likes
        3. Catherine Baab-Muguira‏ @Greedzilla1 Feb 28
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          Replying to @vgr

          Yeah, I'm using it in the sense of making an uneconomic model economic, but it's an imprecise way of describing it

          0 replies 0 retweets 1 like
        4. End of conversation

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