The Unbelievable Business Ventures of Donald J. Trump

TLDRDonald J. Trump has taken his social media company public, despite its lack of tech innovations or products. The company is valued in the multi-billions, but loses tens of millions of dollars. Trump may make billions of dollars from it, but when he sells, he will have to disclose it publicly, causing others to sell ahead of him. The co-founders of the company, who gave him the idea, are now being sued by Trump. The stock is attracting hardcore Trump supporters and those looking to curry favor with a potential future president.

Key insights

💰Trump's social media company is valued in the multi-billions, despite not having any tech innovations or products.

📉The company loses tens of millions of dollars and has attracted hardcore Trump supporters who are buying into a piece of him.

🔒When Trump sells his stock in the company, he will have to disclose it publicly and others may sell ahead of him.

🤝The co-founders of the company are being sued by Trump, despite him owning 60% of the company.

🌟Trump's business ventures often involve questionable partnerships and dealings with those who end up suffering financially.

Q&A

What is the current valuation of Trump's social media company?

The company is currently valued in the multi-billions of dollars.

Does the company have any tech innovations or products?

No, the company does not have any tech innovations or products.

How much money does the company lose?

The company loses tens of millions of dollars.

Who is buying the stock of the company?

Hardcore Trump supporters and those looking to curry favor with a potential future president are buying the stock.

What is the current ownership percentage of Trump in the company?

Trump currently owns 60% of the company.

Timestamped Summary

01:54Trump's social media company, despite its lack of tech innovations or products, is valued in the multi-billions.

03:17The company loses tens of millions of dollars and has attracted hardcore Trump supporters who are buying into a piece of him.

03:59When Trump sells his stock in the company, he will have to disclose it publicly, causing others to sell ahead of him.

05:31The co-founders of the company are being sued by Trump, despite him owning 60% of the company.

05:59Trump's business ventures often involve questionable partnerships and dealings with those who end up suffering financially.