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GopherGal

(2,010 posts)
6. This makes sense to me...
Fri Mar 22, 2024, 07:28 PM
Mar 22

I couldn't figure out any conditions under which someone would want to buy this.
Other than: To give money to TSF.

If I read correctly, the company is losing money. Their theoretical income stream would be advertising, but, as the other famous narcissist/authoritarian is learning, mainstream advertisers aren't keen on the idea of their ads appearing next to hate speech.

TSF will retain 60% of the shares. He's supposedly barred from selling them for the first 6 months, but an exception can be made with approval of the board, which is to be composed primarily of his flunkies.

The most prominent content provider is TSF. So the viability of the platform is at risk subject to the possibility of his sudden KFC-clogged demise, potential incarceration, post-election-loss irrelevance, or his temper-tantrum-fueled decision to take his rants elsewhere. That's a lot of risks. So, yeah, they can probably keep it viable as an insulated MAGA-world until election day (assuming the KFC-derived saturated fats don't do their thing.) to use and an end-run around those pesky campaign-finance laws.

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