Trump's Net Worth Plunges $700M As Social Media Site Truth Social Flops.

So the theory goes. Meantime, Trump claims quite differently. And I guess you think Joe's reasons for running are wholly altruistic! :laugh2:


Is this another false quote that Trump never said?

Maybe you ought to focus more on the things actually said by that resident in the WH:

View attachment 772773
Not a false quote..


You literally never gave a fuck about Trump being a presidential candidate until he hopped on the birther movement..that is just a fact



Or do you think Trump only tried to run for president in 2015?



"By focusing on Mr. Obama's birth certificate, Mr. Trump has garnered a lot of attention and some support. According to the latest CNN/Opinion Research Corporation survey, among Republicans he is now tied with Mike Huckabee as the most popular prospective GOP presidential nominee. If responsible Republicans don't speak out immediately against Mr. Trump's gambit, it will do substantial damage both to their party and to American politics."



This was from 2011.....so yes, Trump used the birther movement to appease the most racist elements of the Republican base......this is why Trumpers hate those of us who have a memory..
 
The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far.


In October 2021, Donald Trump was eager for revenge. Nine months earlier he had been banned from Twitter, depriving him of his primary means of communicating with his followers. His solution? Build his own Twitter. Dubbed Truth Social, it had the potential to boost Trump’s fortune by billions. As soon as he announced the plan, supporters piled into Truth Social’s special purpose acquisition company, or SPAC. Shares of the SPAC, Digital World Acquisition Corp., shot up from $10 to $175 in two days, implying that the business was worth $22 billion, his interest amounting to $19 billion.

The hype never lined up with reality. In December 2021, a group of big-money investors promised to inject $1 billion in cash into the venture—but only if they got a sweetheart deal. By that point, shares were trading for $45 on the open market. But under the agreement, the new investors would be guaranteed a profit as long as the shares stayed above $10. When previously estimating the value of Trump’s stake, Forbes used that $10-per-share figure and came to $730 million.
Can you faggots ever stop lying?
 
The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far.


In October 2021, Donald Trump was eager for revenge. Nine months earlier he had been banned from Twitter, depriving him of his primary means of communicating with his followers. His solution? Build his own Twitter. Dubbed Truth Social, it had the potential to boost Trump’s fortune by billions. As soon as he announced the plan, supporters piled into Truth Social’s special purpose acquisition company, or SPAC. Shares of the SPAC, Digital World Acquisition Corp., shot up from $10 to $175 in two days, implying that the business was worth $22 billion, his interest amounting to $19 billion.

The hype never lined up with reality. In December 2021, a group of big-money investors promised to inject $1 billion in cash into the venture—but only if they got a sweetheart deal. By that point, shares were trading for $45 on the open market. But under the agreement, the new investors would be guaranteed a profit as long as the shares stayed above $10. When previously estimating the value of Trump’s stake, Forbes used that $10-per-share figure and came to $730 million.
Only $2.5 billion? Yes, he's a complete failure.
Thanks for the heads up.
 
Once again the "Stable Genius" has a failed business venture . Trump Steak, Trump Airlines, Trump University. He is being investigated by New York A.G. Letitia James for tax and real estate fraud. Not to mention Jack Smith's investigations into the Traitor's involvement in 01-06.

Suck to be Orange Shit Gibbon right now.
Don’t forget Atlantic City
 
The former president’s fortune dropped from an estimated $3.2 billion last fall to $2.5 billion today. The biggest reason? His social media business, once hyped to the moon, has come crashing down, erasing $550 million from his net worth—so far.


In October 2021, Donald Trump was eager for revenge. Nine months earlier he had been banned from Twitter, depriving him of his primary means of communicating with his followers. His solution? Build his own Twitter. Dubbed Truth Social, it had the potential to boost Trump’s fortune by billions. As soon as he announced the plan, supporters piled into Truth Social’s special purpose acquisition company, or SPAC. Shares of the SPAC, Digital World Acquisition Corp., shot up from $10 to $175 in two days, implying that the business was worth $22 billion, his interest amounting to $19 billion.

The hype never lined up with reality. In December 2021, a group of big-money investors promised to inject $1 billion in cash into the venture—but only if they got a sweetheart deal. By that point, shares were trading for $45 on the open market. But under the agreement, the new investors would be guaranteed a profit as long as the shares stayed above $10. When previously estimating the value of Trump’s stake, Forbes used that $10-per-share figure and came to $730 million.
Dang. Poor guy. Only left with 2.5 billion in his pocket. How in the hell is he going to survive?
 
Forbes don't lie, unlike the Traitor.
Every time you say "the Traitor" my mind immediately takes me here:

th.jpg

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Then source and prove it.


The day he announced running in 2015, I was all onboard.
I don't waste my time with you gaslighting morons.....you know damn well he was claiming Obama wasn't born here...even going so far as to lie about hiring private detectives to "find his real birth certificate" -- the fact you pretend this didn't happen is indicative of your shame...


Why weren't you onboard when he ran BEFORE 2015? Why did it take him pandering to racists to make morons like you hop onboard?
 
I'm active on Truth Social and it seems to be very busy and active over there.

Whoop-De-Fucking-Do you. That don't mean shit without investor's the site is going to die the death it deserves. It ain't dead from the neck up members who are being soaked for having joined, it is investor's that TurdSuck, it is they that the site needs, try to remember that.
 

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