Trump’s Truth Social Has Lost $73M Since Launch, New Filing Shows: The company that TMTG is planned to merge with, DWAC, broke out the surprising results in a securities filing Monday.::Truth Social Losses and Revenue revealed for first time as Trump social platform discloses financial data and says it is a “going concern”

  • @[email protected]English
    3•1 year ago

    To all feeling vindicated: Uber made profit for the first time last year. Startups, and especially Social Media Startups are all about user acquisition, they are expected to run at a loss for several years.

    Not to mention, Truth social is not funded by your typical VC. It likely has Russian and Saudi backers, and $73M is loose change for these regimes.

    • @[email protected]English
      1•1 year ago

      It’s worth it as a quarantine zone for MAGA losers. Though Twitter is determined to become the same right wing safe space.

  • Blue and OrangeEnglish
    -1•1 year ago

    The Fake News Media is lying about Truth Social. They say it is losing money and users. WRONG! Truth Social is the most successful social media platform ever. It has millions of patriots who love America and hate the radical left. Truth Social is making so much money that we don’t even know what to do with it. We are going to use it to Make America Great Again. The losers and haters are jealous of our success. They are trying to stop us, but they can’t. We are unstoppable.