this post was submitted on 01 Apr 2024
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Nice. Very impressive. Now let's see Donald Trump's portfolio.
https://finance.yahoo.com/quote/DWAC/
Truth Social has been cleaning up. And if you consider all the money Trump has received to pay off his civil penalties, he's had some of the best years in his family's lifetime in '23 and '24.
Wait, this Truth social? The one that lost $4b this week?
https://www.cbsnews.com/news/trump-truth-social-djt-stock-down-losses-revenue-going-concern/
A company with a few thousand active users who has a multi-billion dollar valuation, yes.
The fact that it could lose $4B in market cap tells you how absurdly overvalued that knock-off Mastadon instance has become. Trump did the equivalent of opening a Discord channel and listed it on the NYSE for a comically high value.