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this post was submitted on 02 Apr 2024
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It is literally a Mastodon instance with no ActivityPub federation.
That's awesome. They had no significant development costs and still racked up a $15m loss in the last year. Yep, definitely a Trump enterprise.
That's because they have no revenue and significant operating costs. Turns out there's not much money to be made in providing a platform to Nazis and conmen. There are all the MAGA idiots on there, but what little wealth they have has already been tapped out by the dick pill salesmen, their pastors, and Trump himself (plus whatever the latest pyramid scheme they've signed up for this week is peddling).
I love this. For some reason this particular train wreck is giving me a small glimmer of hope for the future.
Well, there actually is, if you say the things the Kochs want you to say
The Koch*
Sadly I don't think this is really true. That's why at least some idiots think the platform is worth $11bn. Users don't need to be wealthy, just stupid enough to click an ad for said dick pills.
Theres lots and lots of money to be made. The poorest ones will happily go into debt to support the various grifters. Truthsocial is basically nothing but grifting posts of the Trump base.
Well sure, but I could provide a platform for Nazis and conmen for a hell of a lot less than $15m/year in operating costs.
Well, you have to price in all the graft.