Jonathan Meyers
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thread 1/4
"Truth Social currently has far fewer users and less income than any social network that has gone public before."

https://www.axios.com/2024...
06:50 AM - Mar 28, 2024
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Jonathan Meyers
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thread 2/4
Not listed is NextDoor which has about 160 monthly active users & 2023 revenue of ~$220 million with a market cap just under 1 billion. Trump Media market cap: $9 Billion. NextDoor & Trump Media are losing about $40-$50 million dollars a year. Trump Media share price is $65. NextDoor's is $2.00.
06:50 AM - Mar 28, 2024
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Jonathan Meyers
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thread 3/4
Someone please check my rough math, but (based on users, revenue, market cap etc) Trump Media should should have a price per share of less than $10, probably less than $2 and possibly as low as 50 cents.
06:50 AM - Mar 28, 2024
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Jonathan Meyers
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thread 4/4
As an aside, please look at the chart in the first spout and stop using x/Twitter. Monthly Active Users (MAU) helps determine the value of a social media company. If you are still using x/Twitter, you are a MAU and are increasing the value of x/Twitter. Please don't do that.
06:50 AM - Mar 28, 2024
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Marlowe Kent
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In response to Jonathan Meyers.
Forgive my ignorance but could this be another money laundering scheme?
10:18 AM - Mar 28, 2024
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Jonathan Meyers
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In response to Marlowe Kent.
laundering, pump-and-dump, funnel for foreign contributions, a big "for sale" sign on trump's forehead... basically all that and more... Unless this somehow morphs into the "Trump TV" media concept that would have happened if Trump didn't "win" in 2016, this is a massive scam that should collapse.
10:27 AM - Mar 28, 2024
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