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> if ~500 million people subscribe all year. Which is outright impossible. Twitter's last earnings report [1] reported a mDAU of 237.8 million. To hit $50B in
by duskwuff 4y ago
> if ~500 million people subscribe all year.
Which is outright impossible. Twitter's last earnings report [1] reported a mDAU of 237.8 million. To hit $50B in subscriptions, they'd have to more than double the number of users active on on the site, then get all of them to subscribe. Which isn't happening -- even getting 10% of current mDAUs to convert to paying users would take a miracle.
[1]: https://s22.q4cdn.com/826641620/files/doc_financials/2022/q2/Final_Q2'22_Earnings_Release.pdf https://s22.q4cdn.com/826641620/files/doc_financials/2022/q2...