Trump's role: The former president is Truth Social's founder and chairman, so he obviously bears some responsibility for putting together the team that's so far fallen on its face. 57 in the App Store, just behind Tinder and Planet Fitness Workouts. As of this writing, Truth Social has fallen to No.Nine days later, most of us remain on that waitlist, with our number unchanged and without a word of communication from the company. But the vast majority of people downloading the app, me included, were given a waitlist number.The launch itself was buzzy, with Truth Social shooting to the top of Apple's App Store (there isn't yet an Android or web version).The big picture: Truth Social spent much of February in private beta with invited users, saying its public unveil would be Feb. At some point, investors will begin paying attention. Why it matters: The SPAC that agreed to take Truth Social public is valued at over $3.5 billion. Former President Trump is blowing the launch of his new social media company, via a series of unforced errors.
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May 2023
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