• PoliticallyIncorrect
    link
    fedilink
    English
    arrow-up
    3
    arrow-down
    5
    ·
    6 months ago

    I’m not MAGA but definitely will buy some, if Trump wins those shits will blow up…

    • Odrel@lemmy.worldM
      link
      fedilink
      English
      arrow-up
      2
      ·
      edit-2
      6 months ago

      Not sure why you are getting downvoted, there’s probably a world where that could happen.

      That being said, the company is currently valued at 9.3B USD for revenue of 3.4m over 9 months and a loss of 49m. That’s an insane 2000x revenue multiple for a company with limited growth and an active user base generously estimated at only 5m.

      The upper range of other social media companies is around 10x.

      Edit: the reported revenue was for 9 months so I corrected the multiple from 2700x to “only” 2000x