• @assembly
    link
    219 months ago

    How in the holy hell can that dumpster fire of a social media site be worth $4billion???

      • @FReddit
        link
        39 months ago

        The spac IPO took place a couple years ago.

        You’re talking about the de-spac, when the two companies merge and DW becomes public.

    • @baru
      link
      79 months ago

      How in the holy hell can that dumpster fire of a social media site be worth $4billion???

      Might be similar to selling books or shoes. It’ll be bought to give way more money than otherwise would be allowed. A wealthy donor might not be allowed to send the money directly. So they buy loads of books/shoes/etc.

    • @[email protected]
      link
      fedilink
      59 months ago

      I mean… Trump has access to A LOT of idiots that would buy his turds. He could probably sell some overvalued shares to them.