Kara Swisher Laughs Out Loud at Trump’s $9B Truth Social in Mediaite Interview: ‘My Podcast Makes Much More!’

MCLAUGHLIN I want to ░░░░░░░░ you about an innovative ░░░░░░░░ entrepreneur who has this ░░░░░░░░ promising startup It s ░░░░░░░░ Truth Social It has ░░░░░░░░ 3 million in annual ░░░░░░░░ and it s valued ░░░░░░░░ 9 billion SWISHER Laughs ░░░░░░░░ podcast makes much more ░░░░░░░░ that MCLAUGHLIN Is your ░░░░░░░░ valued at 9 billion ░░░░░░░░ No it is not ░░░░░░░░ I certainly make more ░░░░░░░░ and I make profits ░░░░░░░░ to Truth MCLAUGHLIN Can ░░░░░░░░ explain SWISHER Literally Pivot ░░░░░░░░ 2 or 3 times ░░░░░░░░ much in revenue MCLAUGHLIN ░░░░░░░░ much revenue annually You ░░░░░░░░ should inaudible SWISHER No ░░░░░░░░ don t think so ░░░░░░░░ we re not an ░░░░░░░░ presidential candidate MCLAUGHLIN Can ░░░░░░░░ I ve only just ░░░░░░░░ to get my brain ░░░░░░░░ what s going on ░░░░░░░░ and I ve tried ░░░░░░░░ speak with people that ░░░░░░░░ far smarter than me ░░░░░░░░ how things are happening ░░░░░░░░ Nothing there s nothing ░░░░░░░░ than you There s ░░░░░░░░ it s a scam ░░░░░░░░ s a scam MCLAUGHLIN ░░░░░░░░ you explain to us ░░░░░░░░ s happening here And ░░░░░░░░ there any chance that ░░░░░░░░ actually makes money from ░░░░░░░░ SWISHER Absolutely not It ░░░░░░░░ not a business There ░░░░░░░░ no business here There ░░░░░░░░ zero business It doesn ░░░░░░░░ have any advertising business ░░░░░░░░ doesn t have any ░░░░░░░░ prospects It has costs ░░░░░░░░ assume And it s ░░░░░░░░ a way to funnel ░░░░░░░░ to Donald Trump It ░░░░░░░░ a scam It s ░░░░░░░░ meme stock And so ░░░░░░░░ will buy it either ░░░░░░░░ funnel money to him ░░░░░░░░ he might be president ░░░░░░░░ it s just a ░░░░░░░░ that people are playing ░░░░░░░░ GameStop GameStop wasn t ░░░░░░░░ what it was worth ░░░░░░░░ Anything s worth what ░░░░░░░░ decide to pay for ░░░░░░░░ so I guess it ░░░░░░░░ worth that That s ░░░░░░░░ people are paying for ░░░░░░░░ And so there s ░░░░░░░░ prospect of this making ░░░░░░░░ Why are we even ░░░░░░░░ to pretend It s ░░░░░░░░ a Ponzi scheme MCLAUGHLIN ░░░░░░░░ and so six months ░░░░░░░░ the line when you ░░░░░░░░ let s say it ░░░░░░░░ approved and Trump is ░░░░░░░░ to sell his stake ░░░░░░░░ it SWISHER He can ░░░░░░░░ before that I suspect ░░░░░░░░ s already sold his ░░░░░░░░ Yeah the board can ░░░░░░░░ him selling it that ░░░░░░░░ make the stock go ░░░░░░░░ I would imagine it ░░░░░░░░ a huge short I ░░░░░░░░ imagine The shorts are ░░░░░░░░ waiting for this one ░░░░░░░░ you know they got ░░░░░░░░ got they got hammered ░░░░░░░░ the GameStop thing by ░░░░░░░░ it MCLAUGHLIN You got ░░░░░░░░ be careful with that ░░░░░░░░ can be expensive SWISHER ░░░░░░░░ s because he s ░░░░░░░░ lot of fans Well ░░░░░░░░ s because it s ░░░░░░░░ it s people playing ░░░░░░░░ all these MAGA people ░░░░░░░░ re just buying it ░░░░░░░░ s not worth it ░░░░░░░░ just want to own ░░░░░░░░ to fu k whoever ░░░░░░░░ s just it s ░░░░░░░░ except worse kind of ░░░░░░░░ And so there s ░░░░░░░░ from an economic underpinnings ░░░░░░░░ of view there s ░░░░░░░░ There s absolutely it ░░░░░░░░ 49 million It earns ░░░░░░░░ 3 million I was ░░░░░░░░ that it was just ░░░░░░░░ million MCLAUGHLIN I think ░░░░░░░░ has one million active ░░░░░░░░ users SWISHER It s ░░░░░░░░ it s down 39 ░░░░░░░░ It s declined It ░░░░░░░░ not a business it ░░░░░░░░ not a business It ░░░░░░░░ an ad for Donald ░░░░░░░░ That s what it ░░░░░░░░ that happens to make ░░░░░░░░ because of stocks MCLAUGHLIN ░░░░░░░░ said SWISHER You could ░░░░░░░░ some money out of ░░░░░░░░ you can ride it ░░░░░░░░ That’s different.”