News for hackers. Stuff that matters.
Re:Twitter says it's looking at subscription options as ad r... by Invictus0 on Thursday July 23, 2020 @02:01PM (#23930219)
Even if 50k of rewards were purchased per day, which I strongly doubt is the case, then Reddit is only doing 18M per year off the rewards. Not much compared to their 100M ad revenue, and very paltry relative to their $3B valuation.
Re:Twitter says it's looking at subscription options as ad r... by Abishek_Muthian on Thursday July 23, 2020 @02:10PM (#23930340)
I do agree that the combined revenue from Ads+Awards+Premium subscription of Reddit would be nothing to boast off, but still making users pay for fake Internet awards is very impressive. Of all the karma based platforms, I don't know any other who has pulled this off.
Re:Twitter says it's looking at subscription options as ad r... by Invictus0 on Thursday July 23, 2020 @02:29PM (#23930549)
It's pretty on par with anything that resembles a "game". Freemium iPhone games rake in most of their money from a few whales that spend thousands on coins in the games while 98% of players will never spend more than $20.
Re:Twitter says it's looking at subscription options as ad r... by Abishek_Muthian on Thursday July 23, 2020 @11:51PM (#23935516)
I don't think Reddit and Candy Crush are of same category.