Not a bad burn rate for a startup, regardless of Rooter’s glee.
And doing a lot better than most legacy media.
There may not be a real need for Truth Social now, since Trump is back on X.
someone does not know how to sell advertising, or they are not tracking and selling all user data to the FBI and other agencies (lol, yes they are.)
so they are lying, and it is mismanaged, or both.
New company doing a micro blogging system cabaple of managing 10s of millions of concurrent users without using any existing infrastructure. Thats quite impressive. No gcp you tube , azure of aws..impressive feat.
Trump is no dummy, if it were a burden he would divest from it, and probably may do just that after the election anyway.
This obsession with poll numbers some Trump diehards here have is bizarre. Any story about legal hearings, about finances, about whatever, it's "look at these poll numbers!"
They mean nothing, and you know full well you'll be saying that too if it's October 2024 and Biden's leading in all of them.
Remember, in Trump world you inflate results when you need to borrow, deflate for tax purposes. Maybe this is a tax result.
17-D chess!
Truth won’t work on my IPAD, no matter what I do.
I can log on and off, make comments but can’t see other comments or interact with anyone.
Didn’t realize Truth Social was still up and running...
I’m not into social media, I tried but it does nothing for me. I YouTube some... there’s a lot of vet groups on facebook but I don’t visit and Zuker is too intrusive. I’ve been to rumble just to look and check out Freeper Ginsberg’s latest musical offerings, and was on tumbler for a short until I was exposed to the amount of smut up there, I think Musk deleted my account due to inactivity for years... I’ll follow to an X link but that’s about it.
I thought it odd that Trump fired up Truth Social, and seeing how it’s not doing too well and how his television fame didn’t really pan out too much. Maybe DJT should stick to real estate development. But... how would one ever know until the waters are tested.
Maybe it is a write off at this point.
Yeah, Ok.
Remind me: How many years and how many millions of dollars lost did some other young megabillion tech companies project before they were profitable?
Truth Social is doing excellent, as is the imminent merger with DWAC to bring TMTG public. The media reporting on this ‘loss’, etc., are lying liars that lie.
https://truthsocial.com/@truthsocial/111409505405198857
Truth Social faces the same problem that the Fox News evening line up faces...
Very difficult to get main stream advertisers.
Twitter had just TWO profitable years before Musk paid a completely insane $44 billion for it.
Think about that...
In business for seventeen years.
Had to borrow money or dilute the stock price in 15 of those years!
No doubt Musk can add value by creatively integrating Twitter [aka X] into his other businesses.
Regardless - no one in the world would pay $44 billion for Twitter today.