Fnord wrote:
Their “By Invitation Only” membership rule may be a major contributing factor. Operating a social website like an exclusive country club turned the service into a MAGA Republican echo chamber. When you have read through one pro-Trump/anti-anti-Trump thread, you have read through them all.
It is like reading through a stack of Chick Tracts and hoping to read something based on reality.
Facebook and Gmail started as "invitation only," so it's not an unheard of tech marketing strategy.. but obviously you still have to have a platform/service that people want to use for it to attract users.
Right from the get go it was announced that truth social is just a template of some social forum software called "mastadon," and they hadn't developed any software themselves that's anything special. That was the first red flag for investors. Then all the turmoil over the months. Even back then I predicted financial disaster for it, not just based on trump's track record or my dislike for him, but the basics of the business model just sounded like complete garbage.. so to read that it was intended to merge with this company and that in a big stock IPO deal was laughable. I figured IF it ever happened whoever threw their money in that hat was sure to lose it all. Now they're all really beginning to realize that, too, and delaying/trying to back out - which is smart.. any money tossed down that black hole is gone forever. Might be cheaper to pay any fines associated with killing the deal than it is to follow through with it.
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No

for supporting trump. Because doing so is deplorable.