Truth Social promises vs reality

[mister_coffee]

Fifteen years ago a very common startup play was "social media for X demographic". None of those startups succeeded.

Basically what you have in Truth is "Twitter for Donald Trump fans". And the obvious problems are:

1. Donald Trump fans are doing just fine on Twitter itself.
2. Your tech base is a fork of an open-source Twitter clone (Mastodon). So basically you have no intellectual property and there is no barrier keeping a better-ran competitor (or even a less incompetently ran competitor) from putting you out of business.
3. The company fortunes are tied to the personal brand of Donald Trump. Now whatever you might think of him having your whole company tied to any one person's brand is pretty risky.

[Rideback]

It's pretty remarkable really to see the lies laid out to the investors vs the reality of how Trump's media has tanked
https://newrepublic.com/post/185674/don ... r-20240823