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The Devin Nunes Podcast

Truth Social built to be a cost-efficient beachhead against Big Tech

The Devin Nunes Podcast

Devin Nunes

News:politics, Politics, News, Technology, Tech News

4.14.2K Ratings

🗓️ 7 April 2024

⏱️ 5 minutes

🧾️ Download transcript

Summary

Transcript

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0:00.0

Joining me right now is the head of Trump Media and Technology Group. He is the CEO

0:05.2

Devon Nunez. Devon it's great to have you this morning. Thanks very much for being here.

0:09.1

Always a pleasure, Maria. I was looking at the filing to the Securities and

0:14.2

Exchange Commission and the loss. When would you expect this company to turn

0:18.8

profitable? Well look it's important to remember Maria that those numbers are based on what was the

0:24.9

longest IPO in history so we were over-regulated so if you actually look at the cost that

0:30.9

we built true social our beachhead against big tech an impenetrable beach

0:35.8

head that everybody said couldn't be done without using big tech companies that

0:40.0

was built for a fraction of what many of these big tech dinosaur companies were built for.

0:45.7

So even if you take the ridiculous cost that it took us to get to this point, we are well positioned. Why are we well positioned? Because we have no debt.

0:55.4

We're coming out of this with no debt, a platform that works really, really well that communicates

0:59.4

to millions of people. And then we have $200 million in the bank.

1:04.2

So as you move forward here, we're looking at the entire ecosystem.

1:09.7

What does it take to make sure that we protect people in the United States and around the globe

1:14.8

from these tyrants of big tech who want to silence them.

1:17.8

So we're looking at the whole ecosystem, whether that's through acquiring technology,

1:22.3

whether that we're

1:23.0

through building technology those are all the issues that

1:26.1

were that we're focused on and including you know making sure that we're

1:29.0

dealing with like a three-year plan here where we can go out and put this whole company together where we're not

1:35.9

relying on big tech. There's never been a company like this and we're really the only game

1:40.7

in town that can accomplish this.

...

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