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Twitter co-founder Biz Stone gives Facebook advice: Offer a $10 premium subscription without ads

TheNextWeb: Twitter co-founder Biz Stone today decided to offer some business advice for Facebook: launch a premium subscription service. For $10 a month, Stone figures the company could get rid of ads on its site for those willing to pay to go “premium.”

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In2iti0n2780d ago

"Stone then notes that Facebook users actually love the service and tolerate the ads because they let it remain free"

I love the service? No. Tolerate the ads? Hell no. I use Adblock. Speak for yourself Stone, not the rest of us.

Draper2780d ago

I don't mind the ads. After using FB for so long, I've learned where not to look. :D

In2iti0n2778d ago

Except when they put them right in the newsfeed.

Draper2778d ago

Ok, yeah, I really do hate that. No way around them.

Speed-Racer2780d ago

bu-bu-but I have Adblock Plus...

Nucky2780d ago

Isn't $10 a bit too high?

In2iti0n2778d ago

Well, not quite. Enough to make people who are inactive on Facebook close their accounts. But the rest? They'll just keep using it, in case that's the price.

Nucky2778d ago

Yeah, maybe the ones in the US. But the rest of the world, especially non-Europe parts, that's too much for them I think.

fatstarr2779d ago

what ads on facebook?

they know if they start charging they would instantly loose 20% of the user base.

In2iti0n2779d ago (Edited 2779d ago )

Maybe, but they would increase their profits a lot. And we know that's what Facebook is all about. Earning money off of the users as much as they can. If that means make us pay, then that's what they'll do.

Except, that won't be good for them in the long term, and I don't think they'll go with it anyway.

But it's food for thought.

Draper2778d ago

Thwy won't increase their profits. I mean, they might in the first 2-4 months, but after that I's goind to start going down and down.

Nucky2778d ago

Exactly my thoughts. Except I think they'll lose more than just 20% of the userbase.