Super Follows
help.twitter.com
help.twitter.com
> We may share revenue generated from the sale of Subscriptions to your Super Follows account with you at a rate which will depend, in Twitter’s discretion, on several factors, including the total number and price of Subscriptions purchased for your Super Follows account and the fees and taxes [...] that Apple, Google, Payment Processor, banks and/or credit card companies may assess in the purchase of Subscriptions and in processing payments to you. You understand this and should have no expectation that any particular revenue percentage will apply, or continue to apply, over time.
> We do not promise that the purchase of Subscriptions can be used to redeem any guaranteed sum of money, or any money at all. [...] You agree that we will not be liable to you, and you will not assert that we are liable to you, based on the sale of Subscriptions to your Super Follows account, including for any share of revenue generated from the sale of Subscriptions.
> We also do not guarantee that everyone with access to your Super Follows account will have purchased a Subscription.
> In addition, we reserve the rights, in our sole discretion, to [...] withhold, suspend, recoup or set-off Subscriptions revenue (including any earned balance that may have been generated from past or future Subscription sales to a Creator’s Super Follows account)
Also, this is pretty minor in the grand scheme of things, but I find it hilariously petty that legal notices to Twitter must be sent by both regular email and postal mail, and are only valid on receipt... but notices from Twitter only have to be emailed, and are presumed valid when sent. Just a straight-up "I'm big, you're little, and there's nothing you can do about it."
Compare to Patreon's TOS (https://www.patreon.com/policy/legal) which explicitly lays out the fees they charge. Twitter's version is more like "fuck you, we'll pay you if we feel like it."
In reality, it’s not in the company’s DNA and slapping payments with those ridiculous terms on a free product is simply not trustworthy.
Patreon is the opposite: clear terms, payments is their DNA, hence people are willing to pay and support creators.
I don't know offhand who will charge for their tweets or what kind of content they'll be charging for, but I'm confident that the market is far more creative than any of us are at finding ways to use features like this.
The problem is that paying customers are the _best_ segment! They're like a delicious cookie of revenue just sitting there. Uneaten. At some point natural growth slows. The forces of capitalism demand at least revenue growth. Where to squeeze it from? The cookie is right there. Paying customers get ads, surveillance and manipulated feeds.
Lex Fridman gives us the links and the timeline so that we can just skip it, but still see them if we want, and gives hours of content in return.
I'll put up with ads when I'm not paying for things (and Twitch takes a very large cut!). If I am, get out. This is why I pay for YouTube Premium, because then I don't get ads.
For $9/month, I expect peace and quiet, you know?
Apparently tarot-card readers
It can't because the people most likely to pay are also the ones worth the most to advertisers. Thus you need to charge more to make up for it, thus selecting for even more valuable people, etc, etc.
>2) allowing users to edit tweets which people have been begging for for years.
Due to the high possibility for abuse either by users or people taking over their accounts this is unlikely unless it resets all metrics on the tweet. At which point you may as well make a new tweet. Same reason you can't edit the title of a reddit post.
1) If you need to set the price high to avoid that effect, just set it high.
2) Add an “edited” tag (just like HN does). For replies that and retweets that came in before the edit, maybe have an easy way to show the original version.
Or, 2b) Show the edited version literally as an edit, with the typos crossed out.
You missed my point, there is possibly no price high enough. The higher the price the more valuable the users who pay it are to advertisers. Thus the price needs to be even higher and endlessly up it goes.
>2) Add an “edited” tag (just like HN does)
HN does not allow the changing of headlines either except by admins. Arguably headlines are closer to tweets than comments.
Well, the price is higher for an ever-smaller set of users! It’s a demand curve - in principle you can pick a point where cost $C x N users is worth more than the loss of advertising revenue from those users.
Arguably headlines are closer to tweets than comments.
I’d argue the opposite!
As a compromise -- how about links on Twitter are similar to HN headlines?
I edited this comment multiple times. No edit tag.
Huh, wow! Somehow I had the idea that it did. I might be mixing it up with some other forum, or the edit to add: tag that many people here add manually.
and doesn't allow editing past a brief window
Right, that’s precisely the kind of obvious balancing restriction I was alluding to, by mentioning HN at all.
your idea is so awful that I struggle to think of an idea that could be more destructive to discussion quality
I’m going to need a bit more justification for that one than “your example of existing usage was incorrect”. Care to expand?
Why does HN allow edits at all?
Edit to add(!): I’m glad I was able to fix an unbalanced *
I think Twitter could allow a 60-120 second edit window without being ripe for abuse that an indefinite edit window would allow.
The most outrageous thing is that it sends me non-disablable notifications for tweets people have posted. Sometimes tend over the course of a few days. Like there’s no other, UX-wise correct way for that. Holy fuck, how stupid. Makes me dread opening Twitter at all.
Edit: Just opened the app. One smartphone page of only spam.
The best option I can think of for edits is to have the edit just delete the original and give you an input field with the text, attachments, and replied-to fields filled in already. (Maybe do something fancy and skip reuploading large media that doesn't get changed.) As far as likes/links/retweets go it's an entirely separate tweet.
That or adding support for a reply to be flagged as having corrections and be promoted to the top of the reply list and somehow highlighted to bring attention to to.
This is called "Lists" and has been a free feature of Twitter since 2009.
As I said, though, literally any business model other than just letting people be paid users and see what they want to see without interference.
Also this is a good example of how Apple's fees are sneaking into creator content. Out of a $5/mo sub, Apple gets $1.50 as an Apple Tax, yet Twitter still charges money on top of that for processing. The Internet has taken a turn for the worse.
I can see both the creators and consumers of content being happier if the lead gen and delivery of the premium content could happen in the same place. This especially makes sense if Twitter integrates this further with their Revue acquisition.
A few examples I could imagine: - This could be used as an alternative to Substack/paid newsletters. - I could see this being popular with people who share tips like crypto/stocks, etc. Get the basic tips for free, pay to get the good stuff (note: I don't endorse this, I'm just saying I bet it'll happen). - This is a bit different from everything else I'm mentioning, but I bet celebrities could get their hardcore fans to pay for inside access to various things (e.g. backstage videos).
1. Real-time financially valuable tweets from experts (market analysts, crypto experts, breaking news that can move stock markets, etc.), where the tweets are perceived as genuinely worth paying for
2. Supporting creative types -- musicians, comedians, etc. -- not necessarily for the tweets themselves, but just to support them because you like them, and maybe you'll get early access to show tickets too or something
3. Paying for content that's genuinely interesting in itself, e.g. short newsletters in tweet form.
I'm not sure the price is high enough for #1 to be a viable business model. I'm not sure enough people will voluntarily pay #2 to make a dent (or they already use Patreon instead). And #3 seems particularly ill-suited to Twitter's short-form.
But we'll see -- it would be nice if this did wind up supporting people financially.
If the information is really so valuable, then either:
1) the expected value of paying for it is positive, the purveyor would be better playing the market themself (or working for a hedge fund...) than selling it
2) the expected value of paying for it is negative, the people buying for it are wasting their money
Most consumer level goods have become insulated from price fluctuations in commodity markets, but there is still some variation at the consumer level in the price of fresh fish and meats, and sometimes fresh fruits and vegetables.
At the scale restaurants buy, and especially large chains or higher scale restaurants, price fluctuations can make a big impact on profitability. Getting tipped off early to a situation that might impact prices can allow a company to lock in a futures contract at the current prices for delivery later on when prices have risen before the people selling know that prices are about to go up.
The result is that the people gathering the data and producing information may not be in a position to get value directly, they are not already trading in those commodity, but people already doing that trading may get value from better or faster information on the market.
I guess in fairness you probably don't want to follow people who tweet like this but these kinds of tweets will still be hard to avoid. I'd rather just pay twitter $x/yr for no ads.
I realize these people need an income but I can't be the only one that feels a bit put off.
It amazes me how much HN complains about Twitter without understanding the tools Twitter provides. It’s similar in essence to uniformed Anti Vaxxers who’s only contempt with Vaccines are based on lack of understanding.
Here's a few examples:
1. I follow a few photographers that I greatly admire. Some of their best work is on Twitter. With super-follows, I can support these artists and get exclusive posts for things like gear reviews, etc.
2. I follow a lot of economists/scientists that often have really interesting insights. Noah Smith, Tyler Cowen, Ezra Klein, Scott Manley, to name a few. I'd happily pay a couple dollars a month for more in-depth content by them on Twitter.
3. I also follow some interesting writers and creators, like Craig Mod, Hundred Rabbits, and Kyle Chakya. I could see myself paying them a couple bucks a month if enough of their content was offered that way. They are also people I really respect, so I'd be happy to support them.
I pay for the Economist all the time. So far it's been great. The news is completely useless on a personal value basis, but reading the insightful calm reporting without drama has been fantastic. Especially during the US election when it felt like the whole world was screaming at me 24/7.
I'm also a big buyer of audiobooks from experts so that I can get their "smart people thoughts" on $topic.
2. Copy/paste the content on to your own premium Twitter account and re-sell them as a "smart people thoughts bundle" subscription
Is your interest enough for you to pay to hear it? If so you answered your own question.
Otherwise just know some people would be willing to pay for it.
[1] https://twitter.com/VitalikButerin/status/143319573790756454...
But I do hope it stays pure and becomes a way to genuinely support a creator who provides valuable opinions or views.
Perhaps a scenario like being able to super-follow the person behind a Wall Street Journal article, instead of the journal fees instead.
Unless you’re one of the few creators that have set up a DRM scheme using Patreon’s API, Patreon is functionally just a pay-to-view newsletter operating on the honor system and the idea that you’re paying as a show of support, not for a specific product/item.
Creators share text updates, images, video, download links, etc based on paying tiers. A Twitter feed works just as well for that.
Many (most?) artists use Twitter as a sharing/visibility platform already, equivalent to a “free tier” on Patreon but with much better visibility thanks to retweet-sharing and Twitter’s size. Having a smooth on-ramp for casual viewers to transition to patreon-style support could be quite useful.
Their revenue breakdown wording is interesting. It implies Apple could change their 30% cut, which is always possible, but doesn't seem likely?
I could hardly follow that paragraph.
Seems a bit conspiratorial but I don't otherwise know why Twitter would implement this.
I wonder if the note was added last minute :)
This is born dead, very few people (even at the scale of twitter) pay for stuff which is already free.