Thanks but we’ve decided to go in another direction.
Investors are walking away from commitments to invest in a company that planned to merge with Donald Trump’s Truth Social platform.
Was it something he said? Something he did? Everything?
“Blank-check” company Digital World Acquisition said in a Securities and Exchange Commission filing on Friday that some backers were pulling a total of $139 million they had planned to put into the deal. Digital World had previously announced funding commitments of $1 billion.
The investors who signed up for the deal about a year ago were able to back out if it was not completed by September 20.
But it’s Trump. Everything he touches turns to gold.
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4 responses to “Aaaaaaaandno”
Why the hell would anybody put their money into any business connected with Trump? Are they hoping to curry favour, or have they been living under rocks?
This is what immediately came to mind:
https://www.youtube.com/watch?v=l9Aj7W3g1qo
Cripes, the average plumber, electrician or other tradesman would be too savvy to do a job for Trump, knowing their chances of being paid are zilch.
I’ve never been to Truth Social, but I am curious about who advertizes on the site. I can’t imagine anyone other than MyPillow, catheter companies, and gun manufacturers. How could this joke of a “social network” possibly have enough revenue to be worth $1 billion dollars.
https://www.youtube.com/watch?v=jTmXHvGZiSY