THE TRUTH ABOUT TRUMP'S TRUTH SOCIAL

Summary from the TLDR Founders newsletter

Donald Trump's social media app, Truth Social, recently went public. It is now valued at an astounding $8 billion despite generating only $770,000 in revenue last quarter. The company's ownership consists primarily of gamblers and Trump fanatics. Trump himself owns 65% of the outstanding shares, currently worth $5.2 billion on paper. However, due to a 6-month lockup period and the potential for significant stock price pressure if Trump decides to sell his shares, it is unlikely that he will be able to cash out his fortune from Truth Social at its current valuation.