The @felixsalmon - @johngapper NYT paywall bet

(Edited in response to John’s comments.)

The number we’re looking at is total paid digital subscribers to the NYT — not including print subscribers or people who get their digital subscription for free through some promotion. We’ll look at whatever public statement the NYT makes about that number on or near the second anniversary of the paywall, which will be March 28, 2013.

Let the number of paid digital subscribers to the NYT on that date be X. Then I owe John $(X-300,000)/1,000. If that number is negative, then the sum is owed by John to me.

If X=0, ie if the paywall is dismantled before its second birthday, then by the formula John will owe me $300: that’s his maximum downside. My downside, by contrast, is unlimited: if the NYT gets 1 million paying digital subscribers, I’ll owe him $700.

  1. financial-advisor-roanoke reblogged this from felixsalmon
  2. insurance-charlottesville reblogged this from felixsalmon
  3. landscaping--lynchburg reblogged this from felixsalmon
  4. fishing-guides-smith-mountain-la reblogged this from felixsalmon
  5. 2013-super-bowl reblogged this from felixsalmon
  6. atlantic-city-discounts reblogged this from felixsalmon
  7. war-abroad reblogged this from felixsalmon
  8. online-consignment-store reblogged this from felixsalmon
  9. federalfirearmslicense1 reblogged this from felixsalmon
  10. sexy--bikinis reblogged this from felixsalmon
  11. lavieenmagenta reblogged this from felixsalmon
  12. entreprise-renovation-92 reblogged this from felixsalmon
  13. vocabulary-workshop-answers reblogged this from felixsalmon
  14. easy-online-money reblogged this from felixsalmon