A well-known Wall Street analyst has published a financial projection report on the new plan to charge for identity authentication for Facebook: Goal Verified. The expert’s conclusion is obvious: mark zuckerberg he’s a big fan of what Elon Musk is doing on Twitter.
The supposedly richest man in the world has definitely had a turbulent management at the head of the blue bird social network. But one of the attributes that is impossible to deny him is his determination to finally make the platform profitable efficiently.
As we have been able to observe with the different disasters that Elon Musk has starred in directing this social network, the results have not been exactly the best possible.
But the owner of Meta, which integrates Facebook, WhatsApp, Instagram and an ambitious Virtual Reality project, believes that he can do better.
The curious thing here is that for Wall Street experts the influence of Elon Musk in the birth of the Meta Verified project is more than obvious.
Mark Zuckerberg ‘idolizes’ Elon Musk, say analysts
In the past, both magnates have had several disagreements over their vision and positions on different issues, such as the scope of artificial intelligence systems and the ethics of their use. But apparently there would be an element in which they share common visions: the intention to make their businesses start to give them more money.
According to financial firm Bernstein analyst Mark Schilsky (via Yahoo! News), in a note distributed to clients this week, Meta Verified sounds “just as terrible” as Twitter Blue.
But the striking point is when he makes a clear connection between both social networks because of the leader of Tesla Motors: “I think it is clear that Mark Zuckerberg idolizes Elon Musk.”
But actually the observation isn’t entirely a negative criticism, as the analyst estimates that the creation of Meta Verified could be a shrewd move that could bring in revenue of about $360 million a year for the platform at the very least.
The amount is considerable, but it is a reserved projection, since even other analysts on Wall Street suggest that Mark Zuckerberg could actually collect up to $2 billion a year.
In any case, the influence of Elon Musk in the creation of this new subscription plan is more than obvious. It only remains to be seen that he does not have the same problems that we already experience on Twitter.