Truth Social - Going Broke?

[ishtat]

It appears that Donald Trump's Truth Social is teetering on the brink of insolvency. Subscribers and revenue have fallen through the floor and their IT providers/support are owed over 1.5 million on overdue accounts. The alternative to a 7th bankruptcy for a Trump company might be an appeal to his political supporters for funds. The only questions will be: firstly are there enough folks left silly enough to send money, and secondly, will Trump be able to arrange things so that he can cream off 80%+ of any contributions for himself.

 

[Btq97]

Market forces and mismanagement

 

[Bray123]

The bills haven't been paid since March, it's going the same way as Trump's casino and steaks. Mismanagement is what you get when you hire a cattle farmer to run an IT start-up, it's amazing that the hosting company didn't insist on cash in advance.

 

[lovecraft68]

I think if Trump could find a way to charge for every time one of his detractors mentioned his name, he'd be making millions a day and never have another issue.

This is what Ishtwat thinks of at 4:11am.

 

[lovecraft68]

I'm more interested in the ongoing twitter saga with new whistleblower accusations.

Oh, stupid of me! The only news is Trump news

Next on the Trump News Network....he has been spotted putting on socks that didn't match, we need a hearing!!!!!!!!!!!!!!!!!!!!!!!!!!!! The people need to know!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Muh democracy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Meanwhile Biden and Pelosi's sons have millions of Putin and China's dollars in their pockets, but...Trumpppppppppppp

This just in, Putin is launching nuclear missiles at the US and made with uranium sold to them by Clinton and Obama...but...Trumppppppppppppppppp

 

[KeithD]

I can certainly understand why Trumpers wouldn't want to see discussion of Trump's many self-caused travails as the man swirls down the toilet and they dig in their heels on what chumps they've been for him.

 

[LukSkyFokker]

This is what Ishtwat thinks of at 4:11am.

Not knowing how time zones work doesn't make him the twat.

 

[ishtat]

Not knowing how time zones work doesn't make him the twat.

Now Luk, don't be too hard on 'Elsie' (see I can play games with names too). We are about 15 hours ahead of Eastern USA, but the gap to the Simian residents of Rhode Island is only measurable in a geological time frame.

 

[jaF0]

Lovey into blowing whistles? Ha. Who knew?

 

[Veroe]

Truth social was a doomed project in the first place. How on earth could they compete with Twitter only appealing to the 30% that already support trump. They're only hope for true success was providing a clearly better product than Twitter to draw non-trump supporters, and they failed to do that.

Of course the whole point to truth social was politics rather than business, and politics is no way build a sustainable business IMHO.

 

[jaF0]

It didn't fail in getting Goofy Devin out of Congress.

 

[AlexBailey]

He's going to run it into the ground just like he ran the USFL into the ground. It only exists for his vanity and as a fuck you to twitter, just like the USFL was his fuck you to the NFL. Trump lost a few million but his ego and lawsuits brought down everyone who had invested in it.

 

[KeithD]

I watched a newscast today that didn't mention Donald Trump once. He must be crushed.

 

[butters]

Truth social was a doomed project in the first place. How on earth could they compete with Twitter only appealing to the 30% that already support trump. They're only hope for true success was providing a clearly better product than Twitter to draw non-trump supporters, and they failed to do that.

Of course the whole point to truth social was politics rather than business, and politics is no way build a sustainable business IMHO.

a grift, for political purposes, for raising money off his adoring, stupid donors

 

[LLCox]

TODAY trump is demanding he be installed as the rightful President... ST0P THE SQUEAL

 

[jaF0]

I'd install him as the rightful resident of Cell Block D.

 

[BabyBoomer50s]

Looks like Truth Social isn’t the only ridiculous political media site facing financial headwinds. NYT just released a story about WaPo woes. Left leaning media titans battling it out.

 

[butters]

trump's been foaming at the mouth over the latest mar-a-lago releases, posting around 60 times yesterday to bitch and yell not me, nuh huh, fake news, fbi guy who resigned linked with hunter biden behind plot at mar-a-lago, lucky i declassified! yada yada yada

but then there's this little nugget, too: Google Play won't host his truth social platform for failing to comply with its rules. lol

Google says the platform violates its policies on prohibiting content like physical threats and incitement to violence.
The move makes it difficult for users with Android phones to download the app.

Last week Truth Social's CEO said the decision on whether the app would be available was "up to the Google Play Store".
But Google says it's down to Truth Social to comply with its rules.
A Google spokesperson told the BBC: "On August 19 we notified Truth Social of several violations of standard policies.

trump's having succccccccccccch a hard time with this "witch hunt". blesssssss

https://www.bbc.com/news/technology...s Newsletter]-2022August31-[top+news+stories]

 

[IrezumiKiss]

https://twitter.com/x/status/1565024895083450373

 

[LukSkyFokker]

Looks like Truth Social isn’t the only ridiculous political media site facing financial headwinds. NYT just released a story about WaPo woes. Left leaning media titans battling it out.

The level of your disconnect from reality is comical. Comparing another failed 45 venture to 2 long-standing media titans is dumber than the shit you usually pist.

https://twitter.com/x/status/1565024895083450373

To be fair, basement dwelling incels....errrrr.... their IT department doesn't really need much room. Just a case of Red Bulls and some Flamin' Hot Cheetos will do.

 

[butters]

https://twitter.com/JoJoFromJerz

Jo

@JoJoFromJerz
·
12h

donald trump is days away from saying he hardly knows donald trump.

 

[jaF0]

Key question. Is it going broke legitimately ... because it was a bad idea and too few are buying in?

Or is it going broke because somebody is robbing the kitty?

 

[butters]

The U.S. Patent and Trademark Office has refused Trump's application for a trademark for "Truth Social."

the name's already in use by at least 2 other companies

Josh Gerben, a trademark lawyer in Washington DC, said: “Ideally, you would pick a name where this wasn’t going to happen.”

well, trump's lawyers are the bestest so...
https://www.msn.com/en-us/money/oth...pc=U531&cvid=2b3965f5077f4246c388ca03a73ea831

https://twitter.com/x/status/1563511650241503236

 

[butters]

"If you can't tell that he's a conman, congratulations, you're the mark"

https://twitter.com/x/status/1563524121291796480

 

[butters]

https://www.msn.com/en-us/news/tech...pc=U531&cvid=edb74337c87d49b7ed7133c4cde93304

nunes whines about google dragging their feet over approving trump's truth, but google says nuh huh, you gotta comply first, numbnutz.