Can someone explain something to me?
How is a company with $4 million in income valued at $8 Billion?
I especially like how the valuation per subscriber is like $1,096 compared to Redditt's $148/subscriber or twitter's $80/subscriber.
I mean what does Truth Social offer beyond -------- posts?
Something just doesn't make sense.
The $4 Million Income against $58.2 million in Losses, with 1/3 of the losses being operating expenses (the other being financing) so neither are going away.
How does one change his business model to increase income dramatically?
He must have known this, right?
Why go public?
This stock can't be worth more than $1 or $2/share realistically, right? Or more precisely worth nothing, right?
Ain't capitalism grand?
#7 | Posted by truthhurts
Simple and obvious - it's a way for any rich corrupt tyrants to funnel money to trump and influence his policies. "If you don't lift sanctions on russia, putin dump's his DJT stock, and trump's net worth plunges"
Wow so if you disagree with Democrats now they want you dead. Democrats have gone from proponents of democracy to proponents of hate and death. Of course we also saw that in blue state nursing homes too thanks to radical Dem governors pushing hell and death on their elderly residents.
Suggestion: Keep this outrageous anger and Dem behavior out of power for the sake of every citizen.
#45 | Posted by Robson
The only one who killed anyone was trump, with his incompetence during covid.
The only people we're angry at are the fascist cult that attempted a coup against democracy.