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How about pay $1 / year to opt out of all data sharing? I foolishly installed the Facebook app on Android for a while. When I asked for a data dump from Facebo

by nickcw 6y ago

How about pay $1 / year to opt out of all data sharing? I foolishly installed the Facebook app on Android for a while. When I asked for a data dump from Facebook I was amazed at the amount of data it had stolen from my phone, including full contacts list. It sounds like that is exactly what Facebook are planning with WhatsApp. I'd pay $1 / year to opt out of that and be the customer rather than the product.

noncoml 6y ago
If you live in US, the number has to be probably close to $30/month to match what FB is making out of you
- endless1234 6y ago
  How do you come to that number? $30 per month from WhatsApp alone? This source seems to think it's closer to $30 per year per user for the whole of facebook: https://www.statista.com/statistics/234056/facebooks-average-advertising-revenue-per-user/ https://www.statista.com/statistics/234056/facebooks-average...
  - noncoml 6y ago
    For US users: https://market.us/statistics/social-media/facebook/ https://market.us/statistics/social-media/facebook/ Is it per year? Per Quarter? Not clear to me. But yeah, definitely not per month, but also much higher than the $1/year the GP is offering.
    - endless1234 6y ago
      Ah true, for US users it would be a lot higher. Seems to be around $10 billion per quarter of revenue for US and Canada[1], which means around 15 per user (for around 250 million users[2]. You weren't that far off! That's definitely a lot more than what the gut feeling I had was (which is why I just googled the first stat that seemed to align with my hunch - classic mistake). 1: https://www.statista.com/statistics/223280/facebooks-quarterly-revenue-in-the-us-and-canada-by-segment/ https://www.statista.com/statistics/223280/facebooks-quarter... 2: https://www.statista.com/statistics/408971/number-of-us-facebook-users/ https://www.statista.com/statistics/408971/number-of-us-face... + ~20 for canada
judge2020 6y ago
$1 a year is super low. YouTube values their ads at approximately $12 a month[0] - FB can’t be much less. (E: 12, not 18. 18 is for families) 0: https://YouTube.com/premium https://YouTube.com/premium
- d1sxeyes 6y ago
  YouTube values the absence of their ads at $12/mo. If I make $1/mo/per user from adverts, but my conversion rate is 1/12 at $12/mo, then I'm making $23 for every 12 users. Doesn't mean I make $12/user/month.
  - robjan 6y ago
    People who are willing to pay to remove ads are usually the more valuable eyes.
- wruza 6y ago
  Few years ago we discussed these numbers on a pretty popular (top 5 of its kind) local pic-and-discussion forum. Devs said that an average user brings around $2 in a year (including those using adblock, etc). I sent them around $8 and they turned off any ads for my account forever. I could just continue using ad blocking, but they made that “hey you’re using” header that annoyed me on mobile, where it is hard to “pick an element”. Of course their income/user ratio is not comparable to youtube’s one, but they meet their ends well, and also have much much lower megabytes/user ratio. In infra costs they may be even more profitable per user than youtube (just a blind guess).
  - judge2020 6y ago
    Only difference is that we've learned that third-party ad placements are much lower quality and barely worth the ad spend. YouTube ads are highly valuable since they're effectively first-party and will offer high(er) assurances of whether clicks are legitimate. And, as mentioned below, people willing to pay for YT Premium are probably more valuable than the average viewer. https://news.ycombinator.com/item?id=25623858 https://news.ycombinator.com/item?id=25623858
buzzerbetrayed 6y ago
> I'd pay $1 / year to opt out of that and be the customer rather than the product. And I’d pay $5,000 for a new Tesla. Though I have no idea why someone would sell me one for so cheap.
dest 6y ago
That was the original business model of whatsapp

by nickcw 6y ago

noncoml 6y ago

If you live in US, the number has to be probably close to $30/month to match what FB is making out of you

endless1234 6y ago
How do you come to that number? $30 per month from WhatsApp alone? This source seems to think it's closer to $30 per year per user for the whole of facebook: https://www.statista.com/statistics/234056/facebooks-average-advertising-revenue-per-user/ https://www.statista.com/statistics/234056/facebooks-average...
- noncoml 6y ago
  For US users: https://market.us/statistics/social-media/facebook/ https://market.us/statistics/social-media/facebook/ Is it per year? Per Quarter? Not clear to me. But yeah, definitely not per month, but also much higher than the $1/year the GP is offering.
  - endless1234 6y ago
    Ah true, for US users it would be a lot higher. Seems to be around $10 billion per quarter of revenue for US and Canada[1], which means around 15 per user (for around 250 million users[2]. You weren't that far off! That's definitely a lot more than what the gut feeling I had was (which is why I just googled the first stat that seemed to align with my hunch - classic mistake). 1: https://www.statista.com/statistics/223280/facebooks-quarterly-revenue-in-the-us-and-canada-by-segment/ https://www.statista.com/statistics/223280/facebooks-quarter... 2: https://www.statista.com/statistics/408971/number-of-us-facebook-users/ https://www.statista.com/statistics/408971/number-of-us-face... + ~20 for canada

judge2020 6y ago

$1 a year is super low. YouTube values their ads at approximately $12 a month[0] - FB can’t be much less. (E: 12, not 18. 18 is for families) 0: https://YouTube.com/premium https://YouTube.com/premium

d1sxeyes 6y ago
YouTube values the absence of their ads at $12/mo. If I make $1/mo/per user from adverts, but my conversion rate is 1/12 at $12/mo, then I'm making $23 for every 12 users. Doesn't mean I make $12/user/month.
- robjan 6y ago
  People who are willing to pay to remove ads are usually the more valuable eyes.
wruza 6y ago
Few years ago we discussed these numbers on a pretty popular (top 5 of its kind) local pic-and-discussion forum. Devs said that an average user brings around $2 in a year (including those using adblock, etc). I sent them around $8 and they turned off any ads for my account forever. I could just continue using ad blocking, but they made that “hey you’re using” header that annoyed me on mobile, where it is hard to “pick an element”. Of course their income/user ratio is not comparable to youtube’s one, but they meet their ends well, and also have much much lower megabytes/user ratio. In infra costs they may be even more profitable per user than youtube (just a blind guess).
- judge2020 6y ago
  Only difference is that we've learned that third-party ad placements are much lower quality and barely worth the ad spend. YouTube ads are highly valuable since they're effectively first-party and will offer high(er) assurances of whether clicks are legitimate. And, as mentioned below, people willing to pay for YT Premium are probably more valuable than the average viewer. https://news.ycombinator.com/item?id=25623858 https://news.ycombinator.com/item?id=25623858

buzzerbetrayed 6y ago

> I'd pay $1 / year to opt out of that and be the customer rather than the product. And I’d pay $5,000 for a new Tesla. Though I have no idea why someone would sell me one for so cheap.

dest 6y ago

That was the original business model of whatsapp