Pheed seeks to take on Facebook and Twitter – Globes

[Trying to zero-in on a business plan for a social network]

Those who wish to, celebrities, artists, or simply megalomaniacs with a business sense, can restrict some of their content that they upload to friends and subscribers for a fee ranging from $1.99 to $34.99. Pheed takes 50% fee on the proceeds. What does this give? First and foremost, money, but no less important, content should be better because of the financial filter.