Monday, March 25, 2024

Take on Trump’s Multibillion-Dollar Social Media Company

I am not smart enough where private equity puts their money but the fact that Trump's social media company is being valued at $6billion is insane. I'm not sure what it's worth but it has like 0.5% of the users of X and the day Trump dies, nobody will ever go there shah. On top of that, it only had $3.3M in revenue in the first nine months of last year, I am no genius but explain how that math work, a website that had the same revenue as a local TGI Fridays is worth $6Billion?!?

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