r/technology Feb 04 '23

Elon Musk Wants to Charge Businesses on Twitter $1,000 per Month to Retain Verified Check-Marks Business

https://variety.com/2023/digital/news/twitter-businesses-price-verified-gold-checkmark-1000-monthly-1235512750/
48.8k Upvotes

5.7k comments sorted by

14.1k

u/Cranky0ldMan Feb 04 '23 Gold Take My Energy Starry Pot o' Coins

It's nice to want things.

4.1k

u/maddasher Feb 04 '23

I wanted Twitter to stop being a thing, so someone is going to get what they want.

870

u/Phantom_Browser Feb 04 '23

'Elon Musk turning to a husk, is all I want for Christmas, this year'

199

u/lowlife9 Feb 04 '23

We must, we must, we must turn musk to husk.

91

u/SponConSerdTent Feb 04 '23

Elon Husk. Stare too long into the shitposts, and the shitposts too will stare back into you.

→ More replies (5)
→ More replies (8)
→ More replies (31)
→ More replies (45)

180

u/benskinic Feb 04 '23

Yelp charges (and gets) $5-10k in my area for certain business profiles. They have an algorithm that buries better reviews and moves your company lower in search results if you don't pay up

252

u/Miserable_Figure7876 Feb 05 '23

It's a reason Yelp's traffic has dropped off.

100

u/Lucky-Variety-7225 Feb 05 '23

Yep, once it stops being dependable it loses all value.

→ More replies (11)

185

u/dodeca_negative Feb 05 '23

And nobody really trusts Yelp reviews anymore

23

u/laptopaccount Feb 05 '23

Grandparents mostly. It's Yelp and ads in physical phone books for them.

29

u/GMaestrolo Feb 05 '23

Yelp was never about users trusting the reviews - it was always about giving horrible people a platform to be publicly horrible, then using that as a standover tactic to extort money from small businesses who didn't have the resources to pursue defamation action.

The fact that truly horrible companies could pay to "demote" the bad reviews, while companies with mostly positive reviews would have the three negative ones on top if they didn't pay shows that it was never about helping consumers.

→ More replies (4)
→ More replies (5)
→ More replies (8)

22

u/imnotabotareyou Feb 05 '23

I used to work at a Dr office and once I started getting threatening calls from them “you want new patients to find you, don’t you? Wouldn’t be good if your result didn’t show up for your area…” I never used yelp again

→ More replies (2)
→ More replies (4)
→ More replies (21)

391

u/GummiBird Feb 04 '23

As my granny used to say: people in hell want ice water but they ain't gettin that!

93

u/jamieliddellthepoet Feb 04 '23 All-Seeing Upvote

According to Dante, the lowest levels of Hell - reserved for the very worst sinners are actually icy (with some sinners - not to mention the Devil himself - eternally encased therein); the cold is maintained and exacerbated by the freezing breeze generated by the beating of Satan’s wings.

157

u/TYC4 Feb 04 '23 Bravo!

Yeah but that's fan fiction.

→ More replies (15)
→ More replies (17)
→ More replies (10)
→ More replies (80)

4.5k

u/Crusoebear Feb 04 '23 Table Slap Spit-take

$1000/month? Should have that $44 billion paid off by…[bangs furiously on abacus]… heat death of universe.

Solid plan.

2.2k

u/Pontus_Pilates Feb 04 '23 Silver

$1000 per month makes $12 000 per year.

If he got 10 000 companies to pay up, that would generate $120 million per year. Or almost 1/10 of Twitter's annual interest payments.

868

u/[deleted] Feb 04 '23 edited Feb 15 '23

[deleted]

531

u/[deleted] Feb 04 '23 edited 27d ago

[deleted]

278

u/sushisection Feb 04 '23

that opens them up for parody accounts to take their blue check mark.

300

u/dyerdigs0 Feb 04 '23

Wouldn’t they also have to pay $1000 to maintain that even as a parody account impersonating a company lol

156

u/SplitReality Feb 04 '23

But they are not a company, and the company doesn't have an official presence on Twitter to protect. I doubt Twitter is protecting every company name (and all variations) that has been registered somewhere.

192

u/IntuneUser2204 Feb 04 '23

So now we are back to, is Twitter liable for damages for this impersonation?

120

u/TrexPushupBra Feb 04 '23

That could end up being a very expensive question to answer

→ More replies (2)
→ More replies (17)
→ More replies (5)
→ More replies (17)
→ More replies (28)
→ More replies (9)
→ More replies (14)

509

u/lettersichiro Feb 04 '23

Wish we could find some data on it, but I'm sure twitters lost more than $120 million per year in advertising revenue since his takeover.

So dumb all these moves he's made to monies the fringes of the platform only to continuously knee cap the real revenue stream

276

u/Non-jabroni_redditor Feb 04 '23

We don't have data on it's revenue but we have some hints to it's declining valuation. For example, Fidelity slashed the value of it's twitter holdings by over 50% at the end of 2022. Many other companies have done so as well, ranging from ~30-70% from what I've seen.

132

u/strolls Feb 04 '23

I mean, that's because Twitter wasn't worth what Elon paid for it in the first place - he was just tied into a rash deal he made after the stockmarket crashed.

He has said himself repeatedly that it's not worth what he paid for it, whilst simultaneously asking new investors to come in at the same price.

→ More replies (9)

61

u/SherifGames Feb 04 '23

There are still way too many people who will bet on Elon and invest in everything he sells. Wouldn't surprise me if when he put Twitter back on the stock market, that enogh fools would pump it up, just like they are pumping Tesla back up again.

14

u/strolls Feb 04 '23

The Bloomberg columnist Matt Levine calls this the Elon Markets Hypothesis, where valuations are affected by their "proximity" to Musk. He's a very good writer - worth making the effort to read his column every day.

→ More replies (3)
→ More replies (1)
→ More replies (28)

138

u/[deleted] Feb 04 '23 edited Feb 07 '23

[deleted]

53

u/c7zh8 Feb 04 '23

All the stans will claim it was his plan all along.

→ More replies (10)
→ More replies (10)
→ More replies (10)
→ More replies (27)

114

u/macrocephalic Feb 04 '23

Why not just charge 1 billion per month and then he only needs 44 businesses to pay it for one month to pay off the debt?

26

u/mok000 Feb 05 '23

Math checks out.

→ More replies (2)
→ More replies (25)

14.6k

u/[deleted] Feb 04 '23 I'll Drink to That

[deleted]

6.6k

u/hanlonsaxe Feb 04 '23 edited Feb 05 '23

This guy runs this company like a 10 year old running a fake company for a school project.

Edit: Woah, Elonophiles, you sensitive little assumption-filled snowflakes you, Sorry if I offended you. Yeesh.

4.1k

u/Oxyfire Feb 04 '23 Gold Bravo! Evil Cackle Bless Up Eureka! 'MURICA

A bunch of people thought Elon was like Tony Stark only for it to turn out he's like Zap Brannagin.

1.5k

u/LinkIsOblivious Feb 04 '23

"She's built like a steakhouse, but handles like a bistro" - Zap

575

u/Tacosupreme1111 Feb 04 '23

"I am the man with no name! Zap Brannigan at your service."

439

u/tonycomputerguy Feb 04 '23

What makes a man go neutral? Lust for gold? Power? Or were you just born with a heart full of neutrality?

338

u/lesser_panjandrum Feb 04 '23

"Brannigan's Law is like Brannigan's love: hard and fast!"

227

u/--redacted-- Feb 04 '23

Can I interest you in some sham paggen?

100

u/Kissmytitaniumass Feb 04 '23

Most of that stuff was Kiff’s fault!

25

u/wankerbot Feb 04 '23

"Oh god, you're killing me! Oh god, you're killing me!!"

→ More replies (0)

14

u/Fantastic-Sandwich80 Feb 05 '23

"Stop exploding, you cowards!"

81

u/li0nhart8 Feb 04 '23

"It's pronounced 'sham-pain"

"OH GOD!"

46

u/Fancykiddens Feb 04 '23

"Huhhhhhh... Sex-lexia.!

29

u/Toby_O_Notoby Feb 04 '23

"I find the most erotic part of a woman is the boobies."

→ More replies (1)
→ More replies (3)

431

u/Tatsunen Feb 04 '23

"If we hit that bullseye, the rest of the dominoes should fall like a house of cards. Checkmate."

Zap has by far the best one liners in the whole series.

126

u/gramathy Feb 04 '23

As you all know, the key to victory is the element of surprise.

Surprise!

44

u/Dataforge Feb 04 '23

In a game of chess, you never let your opponent see your pieces.

→ More replies (1)

39

u/kokomonono Feb 04 '23

"When I'm In Command, Every Mission Is A Suicide Mission."

41

u/LebLift Feb 04 '23

“I sent wave after wave of my own men until the Kill-Bots reached their upper kill limit and shutdown.”

98

u/yeteee Feb 04 '23

The fact that he almost exclusively talks in one liners helps...

56

u/[deleted] Feb 04 '23

[deleted]

→ More replies (3)

22

u/bobbyd77 Feb 04 '23

"Ah, yes. Comets, the icebergs of the sky. By jackknifing off one after another at breakneck speed, maybe we can create a gravity boost, or something" - Zapp

34

u/BeekyGardener Feb 04 '23

Billy West made Zap with the voice and delivery, but you can so tell the role was written for Phil Hartman. :) God, I fucking miss him...

17

u/Cyno01 Feb 05 '23

Yeah, iirc West said his Zap is him doing Hartman doing Shatner.

→ More replies (1)

15

u/KatBoySlim Feb 04 '23

So, Emperor Chop Chop, once again we meet at last!

→ More replies (2)

120

u/Risen_Insanity Feb 04 '23

Captain's Log: we are out of control headed toward an unknown planet.

Addendum: Ahhhhhhhhh

53

u/logiclb Feb 04 '23

She's out of control! You win again gravity.

24

u/____-__________-____ Feb 04 '23

"Looks like a fish, moves like a fish, steers like a cow." - Zaph

→ More replies (1)

45

u/cat_prophecy Feb 04 '23

Any time I say this, my wife gets mad at me. She says he doesn’t understand what it means even in context of the show but it still makes her angry.

17

u/TwistederRope Feb 04 '23

You should tell your wife that she is build like a steakhouse, but handles like a bistro.

→ More replies (1)

21

u/jebuscrimbus Feb 04 '23

Let me show you why they call me "The Velour Fog".

→ More replies (1)
→ More replies (12)

655

u/mydogisanassholeama Feb 04 '23 Gold All-Seeing Upvote

Now imagine this dude being in charge of a colony on Mars or whatever he wants. It would be an absolute shitshow

240

u/Beingabummer Feb 04 '23

He has literally said that plebs that would want to come to Mars would be able to work off their debt there.

He's literally talking about slaves.

109

u/SuperTeamRyan Feb 04 '23

Probably wouldn't be able to clear your debt dude would charge you for your oxygen rations.

57

u/Zoomwafflez Feb 04 '23

St Peter don't you call me cause I can't go, I owe my soul to the company store

→ More replies (3)

58

u/BadBwoiYardy Feb 04 '23

HOLD THE PHONE! Are you telling me...that a white South African (Afrikaner) doesn't believe in human rights???? Waaaatttttt

#NO_SHIT

→ More replies (21)
→ More replies (24)

290

u/Oxyfire Feb 04 '23

Absolutely.

It's a little bit...depressing? just how uncritical everyone was of the idea that Elon was going to get us a Mars colony. Like, even beyond the Elon element, Mars colonies are honestly, very, very impractical for a number of reasons. But along comes a guy who's like "we'll have one in 10 years" and so many people ate it up.

87

u/camronjames Feb 04 '23

How many years ago was that, anyway?

125

u/Oxyfire Feb 04 '23

I think 10 years ago.

42

u/camronjames Feb 04 '23

I thought as much.

35

u/IDrinkSaladDressing Feb 04 '23

Dunno about you suckers but I’m typing this from a Mars colony right now!

38

u/Allin360 Feb 04 '23

Mars, PA doesn’t count

→ More replies (0)
→ More replies (5)
→ More replies (6)
→ More replies (158)
→ More replies (41)

87

u/nordic-nomad Feb 04 '23

There’s a reason Tony Stark isn’t the CEO of his own company.

119

u/mortalitylost Feb 04 '23

You don't really see too much about the internals of Stark industries. It kinda makes me want a stark industries sort of office space MCU movie, like some MIT grad dreams of working at Stark industries on shit like next gen Ironman suits, gets a recruiter telling him all the benefits like the cafeteria, the coffee bar, the massage clinic, google-esque benefits, "and sometimes you even get to see Ironman!" But then he gets hired and it's boring as fuck and he's tasked with building an Ironman iPhone app for kids or something. Maybe his mentor came there with the same dream, but then he finds out that he's been working on the app for 7 years with no movement up

20

u/VoidSnug Feb 04 '23

I'd watch it

→ More replies (11)
→ More replies (2)

79

u/infernalspacemonkey Feb 04 '23

If you haven't seen it, "Avenue 5" has a character that pretty much sums up Musk.

42

u/m0nk_3y_gw Feb 04 '23

That actor changed his twitter bio at some point to "I play Elon Musk on Avenue 5" :D

23

u/bdone2012 Feb 04 '23

Such a good show. I haven't heard too many people talking about it

→ More replies (9)

68

u/Nuka-World_Vacation Feb 04 '23 edited Feb 04 '23

Even Zap Brannagin would be a step up from Elon. At least Zap can fake his way through with charisma. Elon just acts like a 12 year old edge lord.

34

u/Ansuz07 Feb 04 '23

He thinks he’s Tony Stark. He’s actually Justin Hammer.

46

u/GuestCartographer Feb 04 '23

Justin Hammer at least had a handful of novel ideas. This dude owes his whole rise to fame to repackaging the electric car.

→ More replies (2)
→ More replies (1)
→ More replies (53)

1.8k

u/Budget_Astronomer534 Feb 04 '23

He does businesses at his business factories.

600

u/A_Gent_4Tseven Feb 04 '23

He’s really just kids in a trench coat…

155

u/Vio_ Feb 04 '23

Vincent Adultman had way more business acumen and self awareness than Musk does

44

u/Philo_T_Farnsworth Feb 04 '23

Vincent knew how to delegate. Oh, what a man he was. I was privately rooting for him and Princess Caroline to make it work, but alas. He was just too married to business.

35

u/A_Gent_4Tseven Feb 04 '23

He was also more level headed.

31

u/Silvawuff Feb 04 '23

He knew when to take a time out!

→ More replies (1)
→ More replies (1)

258

u/AbidanYre Feb 04 '23

And those kids are raccoons in more trenchcoats.

177

u/Bob49459 Feb 04 '23

It's Trench Coats all the way down.

→ More replies (6)
→ More replies (6)

12

u/Beyondintodarkness Feb 04 '23

Can you imagine that body in a swimsuit?!

→ More replies (5)
→ More replies (10)
→ More replies (10)

208

u/lobehold Feb 04 '23

He runs the company like he can reload from a save file.

118

u/Razakel Feb 04 '23

He's trying to run it into the ground. We're watching the most expensive toddler tantrum in history, because this is the first time in his life he's actually faced consequences.

→ More replies (16)
→ More replies (4)

236

u/burgerbarn Feb 04 '23

Never go full Roller Coaster Tycoon.

89

u/0utlook Feb 04 '23

I would like to get off of Mr. Bones wild ride.

31

u/XanaxIsMyCopilot Feb 04 '23

IT NEVER ENDS

20

u/payne_train Feb 04 '23

How I’ve felt the last 6-7 years tbh

→ More replies (5)
→ More replies (3)

59

u/Rustedcrown Feb 04 '23

this is shit i did in some kind of business tycoon game when i have no idea what i was doing

→ More replies (2)

204

u/Byakuray Feb 04 '23

Next he demands all women send him pictures of their boobs or get banned

142

u/mybloodyballentine Feb 04 '23

Well, that’s just smart. How else can he verify they’re “real” women?

91

u/Ancguy Feb 04 '23

Don't give Ron DeSantis any more ideas

16

u/Milfoy Feb 04 '23

Trump will immediately one up him by demanding a honk-honk squeeze test that he will personally do.

→ More replies (3)
→ More replies (15)
→ More replies (4)

62

u/[deleted] Feb 04 '23

[deleted]

→ More replies (1)

44

u/Courtnall14 Feb 04 '23

Years ago when I still thought he was a really innovative guy and I saw the Cyber Truck though to myself...hmmm, it looks like a 10 year old designed that. But behind that thought was "Well I'm sure that he worked with a team of engineers to work on a design that maximizes the efficiency of the battery life and power of the truck."

Then I heard that he wanted Tesla's to have a fart button.

Then he bought a a $10 billion company for $44 billion.

Then I watched Glass Onion.

He's a just an idiot.

→ More replies (4)

59

u/ThrowRA-James Feb 04 '23

He runs his company like a kid playing Twitter CEO the video game.

→ More replies (2)
→ More replies (146)

592

u/Seth_Imperator Feb 04 '23

When comes the next twitter competitor? Isn't there an opportunity here?

1.5k

u/OtakuOlga Feb 04 '23

An opportunity to do what? Start your own completely unprofitable company that can only make money if the richest person on earth can be tricked into wasting so much of their wealth on it that they are no longer the richest person on earth?

518

u/AnOnlineHandle Feb 04 '23

Reportedly Twitter was making a profit in recent years, it's just that Elon's huge overpayment and debt, and then driving away advertisers like a fulltime job, has probably made that far less likely now.

464

u/jackalope8112 Feb 04 '23

It did in 18 and 19 only. Even then the profit was not large enough to pay the debt service on the loans Musk took to buy the company. Interest on tens of billions of dollars is no joke.

227

u/FFF_in_WY Feb 04 '23

I can't stop giggling at this.

109

u/JCButtBuddy Feb 04 '23

They said it was no joke.

22

u/maleia Feb 04 '23

Well it's a joke for us, not for Elon though 😂

→ More replies (2)
→ More replies (1)

227

u/EoTN Feb 04 '23

It's so funny to me how staggeringly bad of a job he's done as twitter ceo. Seldom have I been confident I could do a better job running a massive company, but this isone of those tines....

201

u/Stumblin_McBumblin Feb 04 '23

You could do absolutely nothing and that would be a huge improvement.

29

u/BadUsername_Numbers Feb 04 '23

He really, really should have just left it alone. Damn, I seriously wonder if literally anything the guy did and will do will be an improvement in any way - be it to the platform, place of work, or stock... Lol

29

u/Alili1996 Feb 04 '23

You don't pay literal billions for a toy you aren't going to play with.
The point was to turn it into his twitter from the get-go

→ More replies (0)
→ More replies (2)

21

u/Gimme_The_Loot Feb 04 '23

I forget who it was (but I want to say Trump?) but someone considered a "great businessman, if they had just taken the loans their family had given them to start up and put it in basic investments it would have generated more in the long term than if they done what they actually did with it.

24

u/dla3253 Feb 04 '23

Trump would be a real billionaire if he hadn't tried to play businessman.

→ More replies (4)

28

u/mrpanicy Feb 04 '23

I could have done NOTHING and it would have been more effective.

→ More replies (12)
→ More replies (4)
→ More replies (13)

112

u/My_G_Alt Feb 04 '23

Their historic financials were public, you can see exactly when they were and weren’t making money.

Not anymore, but I HIGHLY doubt they’re making money now

65

u/improper84 Feb 04 '23

Not anymore, but I HIGHLY doubt they’re making money now

I think it's basically impossible that they're making money right now when you factor in Elon's debt. They've lost tons of advertisers already and I'm assuming they've lost plenty of users too. I deleted my account shortly after Elon took over and I know I'm far from the only one. Not contributing to that idiot's wealth.

25

u/Hipsthrough100 Feb 04 '23

They lose $4m/day now

47

u/EduinBrutus Feb 04 '23

Oh no. They were losing $4mn a day in November.

By now, its going to be much, much worse.

→ More replies (13)
→ More replies (1)
→ More replies (6)
→ More replies (6)
→ More replies (15)
→ More replies (91)
→ More replies (271)
→ More replies (119)

6.0k

u/carefree-and-happy Feb 04 '23

The point of the blue check marks was to ensure people knew if the account was real or not.

It was to protect the users from being scammed.

Now Elon Musk is trying to scam everyone.

3.3k

u/TheOvenLord Feb 04 '23 Gold Bravo Grande!

Hold on. I've got a great idea.

Gold check marks for $100,000 a month. If you see one you KNOW that person is balling hard. The ultimate flex. Maybe we even have a Diamond check mark but there's only 10 allowed at once and you have to pay $10,000,000 to get on the waiting list.

I'm telling you, some rapper or sports star will do it.

2.0k

u/[deleted] Feb 04 '23 edited Feb 04 '23 Gold Big Brain Time

Or make it so that you can gold individual tweets like reddit.

so that rich people can steer the online conversations

edit: /gets in private jet

/deplanes and gets in Chinese balloon.

482

u/tonymurray Feb 04 '23 Gold

Also, so I can ignore all the gold tweets.

167

u/Kyle2theSQL Feb 04 '23

If there was a system like that I doubt they'd let you realistically ignore them. They'd be shoving it in your face every opportunity.

77

u/Monte2903 Feb 04 '23

Like sponsored Facebook posts basically

→ More replies (3)
→ More replies (13)
→ More replies (8)

37

u/I_make_things Feb 04 '23

This comment has gold so I know it must be true, top quality content!

→ More replies (4)
→ More replies (26)

82

u/altbekannt Feb 04 '23

You've just got promoted to marketing manager at Twitter.

Congratulations, you are now entitled to work 90h a week non-remote only and even stay for the nights.

28

u/RedSoxStormTrooper Feb 04 '23

Now show me your most salent lines of code

→ More replies (1)
→ More replies (65)
→ More replies (73)

4.2k

u/IzNuGouD Feb 04 '23

Yes please run this POS platform into the ground

1.2k

u/Mental-Aioli3372 Feb 04 '23

Honestly I'm ecstatic, of course I'm sad for all the talented people who worked on it as a project, but as a product, a part of culture:

Let it burn.

314

u/bruhWhyTho- Feb 04 '23

Don't worry, someone will make something better! In the meantime, enjoy the entertainment of this genius setting fire to his Company!

→ More replies (111)
→ More replies (81)
→ More replies (71)

1.2k

u/tom-8-to Feb 04 '23

More like Moron tries to monetize participation ribbon for a service everyone has been using for free.

284

u/[deleted] Feb 04 '23 edited Feb 05 '23

[removed] — view removed comment

124

u/tom-8-to Feb 04 '23

I get it, but a fucking ribbon? At least Netflix offers content, imagine getting charged $10 a month just to have a badge that says: you are a Netflix subscriber!!!!!

→ More replies (32)
→ More replies (11)
→ More replies (38)

2.4k

u/Upyourasses Feb 04 '23 All-Seeing Upvote

I thought this guy was highly intelligent?

2.1k

u/Bubbagumpredditor Feb 04 '23

No, he was just very rich, you can buy looking intelligent if you have enough people working for you.

221

u/phdoofus Feb 04 '23

"What? I spend that on lunch every day!"

124

u/Riisiichan Feb 04 '23

Ah, a real avocado toast guy after my own heart.

→ More replies (11)
→ More replies (4)

88

u/DethFace Feb 04 '23

Buying "looking intelligent"......do you mean hair plugs? That sounds like buying hair plugs.

158

u/skywalkerze Feb 04 '23

You can hire a PR team. Other ultra rich people do this.

Musk just bought companies started by and employing intelligent people, and presented the results as his own. That's another way to do it.

→ More replies (21)
→ More replies (5)
→ More replies (87)

290

u/unresolved_m Feb 04 '23

According to his fans/fanboys he definitely is.

Look up Quora's threads about him. Its full of people talking about how insanely smart he is.

356

u/Sweatier_Scrotums Feb 04 '23

Just like how those same people called Donald Trump a "genius" at business. They're really fucking stupid and easily fooled by grifters.

162

u/unresolved_m Feb 04 '23

There must be a huge overlap between Musk and Trump fans. Both believe that being rich and white means you can do no wrong.

110

u/Sweatier_Scrotums Feb 04 '23

The Venn diagram is basically a circle. Trump and Musk fans are both spectacularly gullible fools who easily fall for grifters that anyone with even a small amount of intelligence can easily tell are grifters.

→ More replies (19)
→ More replies (7)
→ More replies (5)

69

u/Plastic_Swordfish_35 Feb 04 '23

This was Reddit 10 years ago. The site was so pro Musk that it was sickening.

55

u/mypetocean Feb 04 '23 edited Feb 04 '23

Yes, though even then I remember detractors. Reddit has never actually been a unified voice. It's always depended on where you spend your time, how you sort, and how far you scroll.

In 2000, Musk was so strongly opinionated that Windows should be the primary operating system of Paypal, instead of Unix/Linux, that co-founder Peter Thiel resigned.

However:

With the company suffering from compounding technological issues and the lack of a cohesive business model, the board ousted Musk and replaced him with Thiel in September 2000 [less than 6 months after Thiel resigned over the technology issues]. Under Thiel, the company focused on the money-transfer service and was renamed PayPal in 2001.

<source>

There has been strong evidence of Musk's idiocy (primarily refusing to listen to people with expertise) for a long time.

Ten years ago, there were corners of tech Reddit that still remembered Musk's very nearly running Paypal into the ground over trying to force it to switch to Microsoft products.

→ More replies (3)
→ More replies (18)
→ More replies (24)

123

u/th3_st0rm Feb 04 '23

Be careful, all the Elon Bro’s will be after you. How dare you state he isn’t brilliant! /s

45

u/OkAd134 Feb 04 '23

Whatever you do, don't have this Elon-bashing conversation inside your Tesla.

He'll hear you

77

u/Vonkampf Feb 04 '23

And then the steering wheel falls off…

20

u/HertzaHaeon Feb 04 '23

But I pay for the $299 a month Attached Steering Wheel addon!

→ More replies (5)
→ More replies (1)
→ More replies (3)

162

u/userobscura2600 Feb 04 '23

Why do people think this? He has literally never demonstrated intelligence of his own.

152

u/Sweatier_Scrotums Feb 04 '23

Much like Donald Trump, Elon Musk's best skill is making extremely stupid and gullible people think that he's a genius.

38

u/Cl1mh4224rd Feb 04 '23

Much like Donald Trump, Elon Musk's best skill is making extremely stupid and gullible people think that he's a genius.

Also, they measure intelligence in dollar signs.

→ More replies (3)
→ More replies (35)
→ More replies (250)

2.4k

u/rumhee Feb 04 '23

This is effectively racketeering. Telling businesses they have to pay $1,000/month or risk being impersonated by other accounts.

1.6k

u/Kitchen-Awareness-60 Feb 04 '23

Same thing happened with yelp. Then people just stopped using yelp

397

u/Codex_Dev Feb 04 '23

Good point! Basically just running an extortion scheme.

118

u/piecat Feb 04 '23

Isn't the BBB this same concept?

157

u/restart0203939 Feb 04 '23

Yeah, and that word “bureau” leads many people to believe it is a government agency, and it is not.

118

u/wyssaj01 Feb 04 '23

1000% this. People think the BBB has power. They’re literally yelp for old people

106

u/Captain_Creatine Feb 04 '23

I actually had a major dispute with a particularly large company that I spent MONTHS trying to resolve directly over the phone and email. It wasn't until I opened a ticket with the BBB that it was completely resolved, and in a matter of days nonetheless.

50

u/[deleted] Feb 04 '23 edited Feb 04 '23

[deleted]

→ More replies (2)
→ More replies (4)
→ More replies (2)
→ More replies (2)
→ More replies (2)
→ More replies (1)

116

u/B1G70NY Feb 04 '23

Where can I find more in this? The company I work for has such a hard on for YELP it's fucking frustrating. They're convinced if they can get 80% growth in one year because of it

87

u/Blanketsburg Feb 04 '23

Fuck Yelp. I work in digital marketing and actively advise against Yelp. Their sales reps act like a digital mafia, and after having tried to leave numerous reviews (ranging from 1-star to 5-star) on various places only to have them hidden because their algorithm doesn't believe them to be authentic, I have no trust in their reviews.

They happened to be one of the first big review sites, but they're garbage now.

15

u/reaper0345 Feb 04 '23

The company I work for kept getting calls from these pricks trying to make us pay to "help stop bad reviews". What do we do? Design and make bespoke tooling for the manufacturing industry worldwide. People looking into our products are not going to be reading reviews on yelp. A couple of generic bad reviews suddenly appeared against our name on yelp once we told them to fuck off. It turns out quite a few of our clients had the same issue. Absolute scum hole of a company.

→ More replies (2)
→ More replies (5)

149

u/glockops Feb 04 '23

80% growth through a single channel is an absolutely insane objective. What other genius ideas are they cooking up?

119

u/ClarkTwain Feb 04 '23

A mat, with different conclusions you can jump to. It’s a jump to conclusions map!

22

u/tri_wine Feb 04 '23

This is literally the worst idea I've ever heard. Truly...awful.

→ More replies (1)
→ More replies (10)

80

u/Rawrr_dinosaurs Feb 04 '23

Don't tell him, let it burn!

→ More replies (8)
→ More replies (72)

181

u/Spazum Feb 04 '23

I think most businesses will opt to not pay, and just sue Twitter if they get impersonated.

→ More replies (28)
→ More replies (59)

945

u/Bubbagumpredditor Feb 04 '23

Nah, if I was a business I would just get my lawyers to sue Twitter for slander and defamation whenever someone impersonates my formerly verified business.

577

u/myheartisstillracing Feb 04 '23

I mean, that's how verification started, after all! They got sued and came up with verification so it wouldn't happen again. Until Elon came along to fuck with everyone, of course...

159

u/Johannes_Keppler Feb 04 '23

Yup, there's literal a precedent on this because of Twitter. So if a company want to sue Twitter they can just cite the previous lawsuits against... Twitter.

43

u/MrGrieves- Feb 04 '23

Aaaannd Twitter let go all of their legal compliance staff. Good, lol. 👍👍

→ More replies (2)
→ More replies (3)

113

u/joec_95123 Feb 04 '23

I like how he's slowly learning all the reasons WHY twitter did all the things he complained about.

"Oh, so THAT'S the reason so many far right accounts got banned. Because advertisers don't want their ads showing up next to white supremacist tweets."

"Ohhhh, I see. That's why people couldn't just buy a blue check mark before. Because then anyone can impersonate a verified account."

22

u/Brooklynxman Feb 04 '23

Same thing happened to cryptobros, except they didn't fire everyone who could have told them otherwise nor were the precedents the rules were written on all less than 15 years old, so Musk has even less of an excuse.

→ More replies (4)

12

u/notourjimmy Feb 04 '23

Think lawsuits were part of his plan? If enough of them happen, I bet he'll Tweet that is all part of the plan.

"We're allowing the legal system to define the bounds of freedom of speech, not tech firms!" or some bullshit like that!

→ More replies (6)
→ More replies (98)

168

u/DragonDa Feb 04 '23

You have to admire his consistency. One bad plan after another. The dumbest smart guy around.

→ More replies (13)

123

u/NelsonMinar Feb 04 '23

Nice company you got there, be a real shame if someone impersonated it with a verified checkmark like Eli Lilly.

→ More replies (7)

142

u/tom-8-to Feb 04 '23

The only way Elon is gonna get money out of Twitter is by competing with OnlyFans… blue ribbon for porn content.

→ More replies (8)

377

u/Awkward-Painter-2024 Feb 04 '23

He got out of two big lawsuits this week. Fuck this BS. I'm so disappointed at folks not leaving Twitter.

230

u/Rebornhunter Feb 04 '23

I'm tired of people not dealing with consequences of their actions when they are rich enough.

→ More replies (7)
→ More replies (39)

42

u/Fredfunkin Feb 04 '23

Check mark as a service - CmaaS lol

→ More replies (2)

77

u/Timidhobgoblin Feb 04 '23

Pretty much all advertisers pulled out of twitter when he took over, and now he wants any companies still on there to pay big bucks to display authenticity on a platform that's on fire? I'm genuinely convinced that he's destroying Twitter on purpose at this point, because there's no way someone that rich and supposedly intelligent could possibly look at every decision they've made the last 4 or so months and think "yep, this is a great idea"

65

u/ctrlqirl Feb 04 '23

You really underestimate his ego.

→ More replies (1)
→ More replies (24)

25

u/Few_Psychology_2122 Feb 04 '23

So essentially a tax? Or is he saying because Twitter provides a service it’s a fair policy? Because the US provides some really good services to Elon and he doesn’t seem to like taxes

→ More replies (11)