Yes, I didn’t account for the transaction fees. But I believe my point still stands. If people find enough value in it, they’d probably pay for it; and that’s why Tesla is charging what they are.
I do agree with you about it being batshit crazy. If it were me, I sure as hell wouldn’t want to pay $15/mo for that. But I try to be a cheapskate where I can.
We can probably look at the reddit paid API change as a real world approximation of free to paid conversions versus users just dropping usage. Not reddit usage overall, but a third party app that stayed and needed to start charging users because of the paid API. Not sure if there are any apps that stuck around and released that sort of information to reference.
You’re ignoring transaction costs.
Also $15/month is batshit insane.
Yes, I didn’t account for the transaction fees. But I believe my point still stands. If people find enough value in it, they’d probably pay for it; and that’s why Tesla is charging what they are.
I do agree with you about it being batshit crazy. If it were me, I sure as hell wouldn’t want to pay $15/mo for that. But I try to be a cheapskate where I can.
I would imagine most of those 400k users wouldn’t pay that much either.
We can probably look at the reddit paid API change as a real world approximation of free to paid conversions versus users just dropping usage. Not reddit usage overall, but a third party app that stayed and needed to start charging users because of the paid API. Not sure if there are any apps that stuck around and released that sort of information to reference.
Did any stick around? I thought they all folded.