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Trump media partner says it has lined up $1B in capital
The Intelligencer ^ | Dec. 4, 2021 1:39 p.m.

Posted on 12/04/2021 12:07:11 PM PST by conservative98

PALM BEACH, Florida (AP) — Donald Trump’s new social media company and its special purpose acquisition company partner say the partner has agreements for $1 billion in capital from institutional investors.

The former president launched his new company, Trump Media & Technology Group, in October. He unveiled plans for a new messaging app called “Truth Social” to rival Twitter and the other social media platforms that banned him following the Jan. 6 insurrection at the U.S. Capitol.

[cut]

Trump is listed as chair of TMTG. He will get tens of millions in special bonus shares if the combined company performs well, handing the former president possibly billions of dollars in paper wealth

(Excerpt) Read more at theintelligencer.com ...


TOPICS: Business/Economy; Front Page News; News/Current Events; Politics/Elections
KEYWORDS: trump; truthsocial; twitter
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1 posted on 12/04/2021 12:07:11 PM PST by conservative98
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Go big, Donald!


2 posted on 12/04/2021 12:10:11 PM PST by JonPreston (Q: Never have so many, been so wrong, so often)
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To: conservative98

💥BOOM💥

3 posted on 12/04/2021 12:10:13 PM PST by conservative98
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To: conservative98; JonPreston; bitt

Rumble is going public through SPAC ($CFVI) to partner with Trump’s ($DWAC) - “The Truth”

here’s the latest update:

https://www.newsbreak.com/news/2451797093105/rumble-spac-partner-cf-acquisition-shares-spike-on-donald-trump-partnership-what-investors-should-know


4 posted on 12/04/2021 12:13:23 PM PST by thinden
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To: conservative98

I am SO excited about DWAC!!!!


5 posted on 12/04/2021 12:14:52 PM PST by spacejunkie2001
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To: thinden

Great news!! There’s his YouTube-like component.


6 posted on 12/04/2021 12:17:07 PM PST by JonPreston (Q: Never have so many, been so wrong, so often)
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To: spacejunkie2001

Donald Wins Again Company?

;-)


7 posted on 12/04/2021 12:21:01 PM PST by EasySt (Say not this is the truth, but so it seems to me to be, as I see this thing I think I see #KAG)
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To: JonPreston; bitt

I think there is already a twitter type component (GETTR/Jason Miller) out there that will be included in this new group.


8 posted on 12/04/2021 12:21:18 PM PST by thinden
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To: JonPreston

I cannot wait to have this launch and take off.


9 posted on 12/04/2021 12:22:18 PM PST by TheShaz
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To: conservative98

This is how it had to be.

This is America and we needed capitalism to challenge these social media apps which got controlled by the gubmint and since a privately owned company they could do things the gubmint can’t do.

We needed a leader, someone to set the system up and work it through.

The stronger always wins....in nature, in the sky, in survival of the species.

But they need a leader first.

This will work.


10 posted on 12/04/2021 12:24:15 PM PST by Fishtalk
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To: JonPreston; All

Rumble is purely political. You have to have gaming, music, sports comedy, old videos, old popular commercials etc. Those videos don’t even belong to YouTube. Download them and upload them to rumble. Without a cultural component it won’t be successful.


11 posted on 12/04/2021 12:30:13 PM PST by wiseprince (Me,)
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To: conservative98
Digital World CEO Patrick Orlando still linked to CCP. Xi is salivating
Perhaps more interesting is Mr. Orlando’s role as CEO of Yunhong International (ticker: ZGYH), another SPAC where he is CEO. Yunhong International is located in an office building in Wuhan, China, according to SEC filings. That same address is shared by Yunhong Group, which sells an array of supplements such as “Natural Brain Booster Capsule” and “Bitter Gourd Peptides”.
https://finance.yahoo.com/news/wuhan-linked-patrick-orlando-man-212753165.html
12 posted on 12/04/2021 12:30:14 PM PST by PIF (They came for me and mine ... now its your turn)
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To: conservative98

Can any of us get in it, on the floor basis?


13 posted on 12/04/2021 12:37:03 PM PST by carriage_hill (A society grows great when old men plant trees, in whose shade they know they will never sit.)
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To: PIF

Digital World CEO Patrick Orlando still linked to CCP. Xi is salivating

xxxxxxxxxxxxxxxxxxxxx

dig a little deeper & you might turn up a Russian connoection to Putin?


14 posted on 12/04/2021 12:37:44 PM PST by thinden
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To: EasySt

Donald Wins Against Commies!! LOL


15 posted on 12/04/2021 12:38:14 PM PST by spacejunkie2001
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To: thinden

they’ll also compete against AWS, which is amazon’s nazi servers (who love to cancel or shut down those that don’t agree with leftist propaganda). I think he’s partnering with thiel too on a paypal like entity and maybe even something like give send go that doesn’t cherry pick on who deserves fundraising.

I also think, and this is just me, they’ll go after CNN to compete with faux news.


16 posted on 12/04/2021 12:44:55 PM PST by spacejunkie2001
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To: wiseprince

rumble just went from 1.6m subsribers to 30m in less than a year. they’re getting there and it will explode now that they have that kind of funding behind them.


17 posted on 12/04/2021 12:46:10 PM PST by spacejunkie2001
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To: carriage_hill

buy dwac stock. it’s trading at $45 which is low :)


18 posted on 12/04/2021 12:47:00 PM PST by spacejunkie2001
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To: wiseprince

True. I watch a lot of old movies on YouTube.


19 posted on 12/04/2021 12:47:03 PM PST by JonPreston (Q: Never have so many, been so wrong, so often)
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To: conservative98

Trump doing what Trump does.
You don’t want me on social media? Tough crap! I’ll create competition to go around your censorship.

As far as Trump making billions in “paper wealth.”

Is there any other kind?

As far as the 2024 Presidential field goes, its not looking good for anti Trump partisans.

But....but....he’s not running again..he’s too old.

Its laughable, but Trump haters are left with basically this position. A position that looks foolish after “old man” Biden’s “Big Steal of 2020.”

Joseph Robinette Biden isn’t half the competitor Donald J Trump is. Trump could die tomorrow and I’ll write him in 2 more times. Once in the 2024 Republican Primary and once in the General Election.


20 posted on 12/04/2021 12:51:01 PM PST by unclebankster (Globalism is the last refuge of a scoundrel)
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