Twitter Makes $0.0009 With Each Tweet You Post

Twitter Makes $0.0009 With Each Tweet You Post
Market News
Like Us On Facebook
Like Us On Facebook

It doesn’t matter how much effort you put into writing a witty tweet – it’s still pretty much worthless. Each one is worth just $0.001 (£0.0006) in cash terms according to online storage firm Backupify. So it’s lucky for Twitter that the world is addicted to tweeting.

The maths was done by the company’s co-founder Rob May, who wanted to discover how much value users create for some of the world’s biggest social media companies.

He explained on a blog that the calculation was based on publicly available information ‘to figure out what social data, which social media companies, and what social media actions are the most valuable’.

The companies he looked at included Twitter, Facebook, LinkedIn, Yelp, Path and Foursquare.

He turned the results of his number-crunching into an infographic that set out how much individuals are worth to each company, how many users it would take for that company to make $10billion and how much each social interaction is worth.

From this he was then able to work out how many more users each company would need to hit a $10billion valuation.

Then May divided their worth by the number of interactions they received to value them individually.

The contrast was striking with tweets worth $0.001 (£0.0006), Facebook status updates $0.024 (£0.015), Yelp reviews $9.13 each (£5.733) and professional searches on LinkedIn $0.124 (£0.077).

He told Bloomberg Businessweek: ‘The reason that Yelp reviews are valued so highly is that every review creates lot of value for other users.’

He admits, though, that some media companies are over-valued, so perhaps internet users should tweet that the figures are, after all, fairly rough.

Elite.

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In Market News

News Preston Waters

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]

News Preston Waters

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]

News Preston Waters

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]

News Preston Waters

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]

News Preston Waters

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]

News Preston Waters

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]

Also On Elite

World

He’s Got It All Wrong: Man Divorces Wife Because She Wants Too Much Sex

It’s not often couples get divorced because of too much sex, but one man from India is claiming just that. A husband successfully divorced his wife in the Mumbai family court because he was fed up with his wife’s “excessive and insatiable desire for sex.” He said his wife was “aggressive, stubborn and autocratic,” when […]

Sports

An Expert Weighs In On Julian Green, US Soccer’s Best New Prodigy

Today, the US men’s national soccer team is set to play the Czech Republic in their first game since this summer’s World Cup in Brazil. But ahead of the game, our nation’s best young star, Julian Green, made the first major move of his professional career by playing on loan with the Hamburg SV team. […]

Sports

Why Bruce Levenson Shouldn’t Be Compared To Donald Sterling

I awoke Sunday morning and saw reports that the Atlanta Hawks owner, Bruce Levenson, will sell his stake in the franchise. Once I saw the circumstances, I understood the reasoning. An ongoing probe by the NBA yielded an email with racial intonations he sent to his partners and executives. As one of the owners who […]