BROKE Twitter and Elon getting DESPERATE as Twitter pays 'some' creators $24k (Summer 2023 Update)
74Twitter, and with it it's owner Elon Musk, has a lot of problems to deal with. No only are the broke, didn't pay rent for the Twitter HQ, Twitter is being sued because they owe $500 million dollars of severance pay to disgruntled ex employees, the Twitter Blue subscription launch did not go well and there are only about 500.000 Twitter blue subscribers, users that do buy blue checkmarks have ruined the reputation of Twitter so badly, that Elon had to give away free blue ckeckmarks and on top of all that, advertisers are leaving the Platform. Twitter has registered a 50% decrease in ad revenue. So it's not looking good for Twitter. In this video I break down all the latest developments and give a comprehensive overview of the current state of Twitter. Down to him paying creators like Ed Krassenstein and Tim Pool part of Twitters 'ad revenue'. Let's discuss.
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Chapters:
0:00 Intro
0:15 This is a video about All things Wrong with Twitter
0:51 Reading Damion Schubert's thread
1:03 Elon states that Twitter has seen a 50% drop in advertising revenue
1:40 Twitter didn't pay rent
1:45 Twitter is being sued over $500 dollars
2:09 The Twitter Blue disaster
2:20 Twitter employee leaks low Twitter Blue subscription numbers
2:57 My take on Twitter Blue and the damage it did
3:59 Blue checkmarks are viewed horribly
5:06 Advertisers do not come back to Twitter
5:38 Twitter sells you something, he doesn't deliver anymore
7:15 The banks made Twitter profitable
7:29 Who is still advertising on Twitter?
7:53 'SOME' creators got paid on Twitter
8:03 Ed Krassenstein received 24k from Twitter.
8:20 How is ad revenue calculated on Twitter?
10:30 Only selected creators get paid
11:53 Example of a large Twitter user (Catturd) who didn't get money
12:48 Twitter confirms only selected users get money
13:47 Ex Twitter staffer speaks out
14:40 Who got paid by Elon? Andrew Tate...for example
15:54 Elon promises to double revenue for creators
16:25 How many subscribers has Twitter Blue?
17:20 Mark Zuckerbergs Meta Threads is growing FAST!
18:42 Updates
19:44 Outro
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