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4min chapter
The Right is Building Its Own Platforms w/ Jacob Silverman
Tech Won't Save Us
The Rise and Fall of Rumble
Rumble went public last year and the insiders were instantly made very rich at least some paper. They raised hundreds of millions of dollars they raised around a pipe financing which is like another bit of private equity chocolate syrup on top of your spak or sunday. The company has pledged to spend more than a hundred million on talent but are losing 20 30 maybe more million per year so they could easily burn through that pretty quickly plus the stock once people start selling in the fall who knows?
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