"Why it matters: While the app does sell some ads, its business is practically non-existent.

Truth Social earned $3.4 million in revenue for the first nine months of 2023 and it lost around $49 million.

By comparison, Facebook (now Meta) earned $3.71 billion in revenue the year before it went public and was profitable.

Between the lines: Truth Social's user base is still very small, niche and not very global compared to its publicly traded social media rivals.

SimilarWeb estimates it had 5 million monthly website visits globally in February 2024 and roughly 1 million monthly active app users in the U.S.

The company has not reported the actual metrics, which is unusual for a social media company going public.

Facebook had 845 million monthly active users (MAU) at its IPO in 2012. Twitter (now X), had 215 million when it went public in 2013."

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A list of recent and historical mergers and acquisitions on the US stock market, including detailed history from 1998 to 2021. #public_companies #best_of #stocks #acquisitions #lists #pub

"To put the acquisition in perspective I pulled together data from a selection of 30 notable internet acquisitions over the last 10 years, from Broadcast.com to OMGPop to see if Facebook/Instagram for $1 billion was as crazy as everyone thinks. (I left out companies without public purchase prices or user stats.)" He even uses companies like Zappos and Skype...you know...companies with actual revenue models and/or profitability. LOL. #disingenuous #lies #statistics #bullshit #social #media #web2.0 #bubble #public #stocks #instagram #Facebook #acquisition #pub

Salon.com does a few million a year in revenue per year. Seems like they lose per year? Stock quote is SLNM in OTCBB #interesting #revenue #numbers #stocks #sites #pub

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"Thanks to Qualcomm's pristine balance sheet with roughly $30 billion in net cash, very reliable free cash flow, and a solid multi-year path for growth, it has now become the world's most valuable semiconductor company, even with a revenue base that's just half of Intel's" ----- "..Patents Roughly two-thirds of Qualcomm's profits actually come from its wireless technology licensing business. This is a fabulously profitable business segment, as the company collects royalties on just about every 3G/4G device sold. Now, since the transition to 3G/4G is happening at a rather brisk pace...Qualcomm should see some very nice top and bottom-line growth in its QTL business segment. -- The remaining one-third of the company's profit base (but the vast majority of its revenue base) comes from chips. Think Snapdragon SoCs, Gobi modems, Atheros Wi-Fi, and various other wireless components. Qualcomm's business model works because it has a nearly inexhaustible source of income from its patent licensing business, meaning that the company can..aggressively invest in new areas of growth." ----- "Intel's operating profit comes from two divisions: the first is the PC client group, which consists of CPUs/SoCs/chipsets for notebooks, desktops, and high-end tablets, and the second is the data-center group, which consists of server CPU/chipset sales and other various data-center-oriented products...and, combined, they generate far more operating income than Qualcomm's businesses generate, but they're not as "safe" #semiconductors #tech #finances #stocks #@Bharat #pub

Understand how a company's products impact its stock price, and see valuations by experts

Seem to make money from an enterprise-y revenue system #enterprise-ish #@need_to_understand_business #stocks #news #B2B #analysis #financial_data #copymaybe #revenue_model #!TO_TAG #ideas #toread #pub

From Yahoo Finance: It's rare, but techs have lagged in initial public offerings this year. The tech sector usually leads all sectors in number of IPOs and proceeds raised. But the sector accounts for just 11% of all IPOs ... #IPOs #money #stocks #revenue #tech #tech_companies #toread #pub

"Those are big numbers. So why do brilliant venture capitalists and brainiac founding teams keep falling for the investment banks’ assurances that raising less money is actually good for them? Hint: It’s usually good for employees, especially the top managers, who are able to secure options and other stock grants at the super-bargain IPO grant price. They then get to take part in the same guaranteed windfall as the institutional investors." #stock_market #stocks #research #info #IPOs #investing #personal_investing #personal_finance #pub

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