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Trump Sues Truth Social Co-Founders to Zero Them Out

Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group, claiming they set the company up improperly and shouldn’t get any stock in it. Bloomberg’s Bailey Lipschultz joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”

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Donald Trump has sued two co-founders of his newly public Trump Media & Technology Group, claiming they set the company up improperly and shouldn’t get any stock in it. Bloomberg’s Bailey Lipschultz joins Caroline Hyde and Ed Ludlow on “Bloomberg Technology.”

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16 Comments

16 Comments

  1. @brooklynknite

    April 3, 2024 at 1:54 pm

    I thought he owned it?

  2. @charlottekathrine1625

    April 3, 2024 at 2:43 pm

    News Flash! Truth Social founders just pleaded guilty in a Florida Court. This is a totally currupt entity

  3. @oska2843

    April 3, 2024 at 3:07 pm

    Trump like Truth Social is in financial freefall…Another Trump ‘Con’ is going down the ‘Gurgler’ and fast…

  4. @halberderdier8073

    April 3, 2024 at 3:22 pm

    Trump involved on another lawsuit? Can anyone help me count? Does he still find lawyers wanting to fight a lost cause for a broke businessman? ????????????????????

    • @ssuwandi3240

      April 3, 2024 at 8:26 pm

      COUNTER Lawsuit.. do you get it?

    • @amielvasco3503

      April 4, 2024 at 5:38 am

      Did you count how many of those many, many lawsuits failed despite the resources and connections of liberals?

    • @billyscenic5610

      April 4, 2024 at 3:16 pm

      @@ssuwandi3240 cope harder

    • @ssuwandi3240

      April 4, 2024 at 3:27 pm

      @@billyscenic5610 why? Mind your own India biz . . I support American workers!

  5. @DrHughMonguscoque

    April 3, 2024 at 4:20 pm

    Let them fight????

  6. @Wonkothesane-sz2oy

    April 3, 2024 at 11:24 pm

    They like burps. Me like burps too! La la la la la… Burpety burp! Boopety boop! Gotta go burp now. Bye bye!

  7. @duran9664

    April 4, 2024 at 1:36 am

    ???????????? The Saudi Royal Mafia has bailed Trump out yet again! ???? Under everybody’s nose!????‍♀️ It happened via the SPAC of Digital World Acquisition Corp (DWAC) that just recently merged with Trump Media & Technology Group Corp (TMTG) & listed on Nasdaq few days ago as (DJT). It handed Trump a giant gift around $5.2 billion, which is as much as twice of his original net worth of $2.6 billion ????

  8. @marcamusprime9513

    April 4, 2024 at 2:16 am

    He wants to get rid of them so that he can get an exemption from the board to cash out his shares before 6 months is over.

  9. @lynnfrancesanderson1829

    April 4, 2024 at 3:41 am

    Give the backstory of the $millions in loans Trump media got from Russians and Putin Allies to keep Truth Social afloat until it went public! And the connection with the Russian dude who got caught lying to the FBI.

  10. @rickgarza6710

    April 4, 2024 at 11:47 am

    Do business with trump and find out

  11. @billyscenic5610

    April 4, 2024 at 3:17 pm

    That’s what you get doing business with that scumbag. Trump exemplifies capitalism: the mediocre failing up. Meritocracy is a joke when it just produces people like Trump.

  12. @dp1288

    April 4, 2024 at 5:55 pm

    You would have to be psycho to invest with this company, lol. There are a million red flags!

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What does ChatGPT say about your startup?

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Watch the full episode of Build Mode with Eike and Nephrogen founder Demetri Maxim for more advice on building a stronger investor pitch.

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There is no such thing as the perfect pitch. But you can get close by implementing a few research-backed methods to your delivery, deck, and message.

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Here are the studies mentioned in the episode:
Kanze, D., Huang, L., Conley, M. A., & Higgins, E. T. (2018). “We Ask Men to Win and Women Not to Lose: Closing the Gender Gap in Startup Funding.” Academy of Management Journal
Figge, P., Graf-Vlachy, L., König, A., Demann, F., & Diessner, M. (2025). “Shades of Grey or Black and White? How Entrepreneurs’ Use of Cognitively Complex Language Affects Investor Funding.” Entrepreneurship Theory and Practice
Clarke, J. S., Cornelissen, J. P., & Healey, M. P. (2019). “Actions Speak Louder than Words: How Figurative Language and Gesturing in Entrepreneurial Pitches Influences Investment Judgments.” Academy of Management Journal
Jiang, L., Yin, D., & Liu, D. (2019). “Can Joy Buy You Money? The Impact of the Strength, Duration, and Phases of an Entrepreneur’s Peak Displayed Joy on Funding Performance.” Academy of Management Journal.
Chen, X.-P., Yao, X., & Kotha, S. (2009). “Entrepreneur Passion and Preparedness in Business Plan Presentations: A Persuasion Analysis of Venture Capitalists’ Funding Decisions.” Academy of Management Journal
Zhu, L. Y., Young, M. J., & Bauman, C. W. (2024). “Linking Anxiety to Passion: Emotion Regulation and Entrepreneurs’ Pitch Performance.” Journal of Business Venturing
Allison, T. H., Davis, B. C., Webb, J. W., & Short, J. C. (2017). “Persuasion in Crowdfunding: An Elaboration Likelihood Model of Crowdfunding Performance.” Journal of Business Venturing
Clark, C. (2008). “The Impact of Entrepreneurs’ Oral ‘Pitch’ Presentation Skills on Business Angels’ Initial Screening Investment Decisions.” Venture Capital

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Uber now lets you book a robotaxi in London — but you’ll still be joined by a human in the front seat.

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