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this post was submitted on 14 Nov 2023
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To all feeling vindicated: Uber made profit for the first time last year. Startups, and especially Social Media Startups are all about user acquisition, they are expected to run at a loss for several years.
Not to mention, Truth social is not funded by your typical VC. It likely has Russian and Saudi backers, and $73M is loose change for these regimes.
It's worth it as a quarantine zone for MAGA losers. Though Twitter is determined to become the same right wing safe space.