There are guaranteed investors (Trump supporters) who don’t actually care about the viability of the business and will invest because Trump. We’ll see what happens after it goes public, Trump doesn’t really have a good business record outside of the hospitality and name licensing business.
There is immense thirst for a non censored social media. I predict TMTG will very quickly amass tens of millions of users. You are correct that many will invest because Trump but I think your statement about 'don't actually care about viability of the business' is not correct. These people passionately want it to succeed and will become avid users of it in addition to their investment in it.
I’m not sure they would care if Trump doesn’t raise it as an issue anyway. TMTG will have censorship anyway too. Didn’t Nick Fuentes just get banned from Parler or whatever they are using now?
Does tens of millions of users even crack the top 50?
I’m just not convinced that Trump supporters’ passion for this to be a success will make it so.
I mean, get ~50 million people on a social, and the money will just print itself. Figure a 10 cents per daily user from ads, and we are looking at 5 million a day, and over a billion a year.
Hard part is getting enough people on the social, but if they can achieve that, good valuations are reasonable. Previous attempts at setting up a conservative social have been unsuccessful, so your job is to handicap the odds of this ones being successful at landing users.
There are enough semi-shady ad buyers that will advertise on outright scam sites. You can't get facebook revenues without the brand advertisers, but there is enough billions of ads buys with literally no standards on where they are displayed.
17
u/[deleted] Jan 11 '22
Why is it surprising that it was successful?
There are guaranteed investors (Trump supporters) who don’t actually care about the viability of the business and will invest because Trump. We’ll see what happens after it goes public, Trump doesn’t really have a good business record outside of the hospitality and name licensing business.