Billionaire Barry Diller's Critique of Trump Media and Investors

Thursday, 4 April 2024, 20:37

Billionaire investor Barry Diller labeled Trump Media as a 'scam' in an interview, criticizing both former President Donald Trump and investors supporting the company. Diller expressed disbelief at the market valuation, highlighting the lack of revenue. Despite reported losses, Trump defended the platform's credibility. The contentious remarks add to the ongoing debate surrounding the legitimacy and investment appeal of Trump Media.
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Billionaire Barry Diller's Critique of Trump Media and Investors

Barry Diller's Critique of Trump Media

Diller labeled Trump Media as a 'scam', criticizing former President Donald Trump and investors. He questioned the valuation, emphasizing the minimal revenue.

Investor Skepticism

Diller expressed disbelief at the market's response, highlighting concerns regarding the investment decision.

Platform Credibility

Despite reported losses, Trump defended the platform as 'very solid,' sparking further debate.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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