News

“Facebook Should Charge Users For Ad-Free Version” Says Twitter Co-Founder

Biz Stone recently let out a rather interesting comment on Medium, where he discussed his thoughts on Facebook and their advertising / free model, which is strange to say the least given that he is the co-founder of Twitter, essentially the alternative / rival for Facebook, but he shared his business advice non the less.

“In general, the ads on Facebook don’t seem particularly useful or engaging. However, ads on the service are universally tolerated because that’s what makes Facebook free and free is nice.

Anywhoo, now that I’m using it and thinking about it, I’ve got an idea for Facebook. They could offer Facebook Premium. For $10 a month, people who really love Facebook (and can afford it), could see no ads. Maybe some special features too. If 10% percent of Facebook signed up, that’s $1B a month in revenue. Not too shabby.”

This idea has been floating around for a while but personally I can’t see it happening, Facebook is big for a reason and that reason is that it is free, I often find that once a premium option becomes available for a site or service, the “free” edition starts to taste bitter in a push to make you upgrade, eg; more adverts than ever before on the Free version once the premium option is in place.

It’s interesting that he would suggest this though, but since Stone is no longer at Twitter we can only assume that both Facebook and Twitter will remain free for the forseeable future.

Thank you Mashable for providing us with this information.

Image courtesy of Mashable.

Peter Donnell

As a child still in my 30's (but not for long), I spend my day combining my love of music and movies with a life-long passion for gaming, from arcade classics and retro consoles to the latest high-end PC and console games. So it's no wonder I write about tech and test the latest hardware while I enjoy my hobbies!

Disqus Comments Loading...

Recent Posts

Jensen Huang to Kick Off Computex 2024 With NVIDIA Keynote

As Computex 2024 approaches, the tech industry buzzes with anticipation for a series of high-profile…

15 hours ago

MSI Prioritizes NVIDIA Over AMD as RX 7000 GPU Supplies Vanish

MSI, a key player in the graphics card market, appears to be shifting its focus…

15 hours ago

TeamGroup Clinches Four Red Dot Awards for Innovative Design

TeamGroup has once again proven its prowess in the field of memory product innovation by…

15 hours ago

eFootball Hits Major Milestone with 750 Million Downloads

Konami's eFootball has reached a staggering 750 million downloads worldwide. This milestone comes as the…

15 hours ago

Manor Lords Is Out Now On Steam, Epic and Gamespass!

Just a few hours after its release on Steam alone Manor Lords has already managed…

1 day ago

WWE 2K24 PS5 Standard Edition

FORTY YEARS OF WRESTLEMANIA WrestleMania is the biggest event in sports entertainment, where Superstars become…

1 day ago