• Flying Squid@lemmy.world
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            7 months ago

            It’s great to see, but in the context of the above post, Spez and the CFO dumped hundreds of thousands of shares right after the IPO.

            Trump… did not.

            So you can argue that spez did not come out of that a loser. You can’t make that argument about Trump.

            • SpaceCowboy@lemmy.ca
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              7 months ago

              I don’t think Trump put any of his money into Truth Social. So whatever money he does make when he’s able to dump his shares will be pure profit for him. So he’s also not coming out a loser.

              But it’s still funny because he probably thought he had all this money and now is decreasing every day.

    • UnderpantsWeevil@lemmy.world
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      7 months ago

      It’s still got a $4.5B market cap, though.

      I work at an energy company that has quite literally over a billion in physical infrastructure in the ground right now and its worth less than this glorified Mastadon instance.