Mark Gongloff, Columnist

Who’s Investing in Trump’s Social-Media SPAC, and Why?

Nothing about this venture screams success, but that probably doesn’t matter.

December 6, 2021 at 9:46 PM UTC

Mark Gongloff is a Bloomberg Opinion editor and columnist covering climate change. He previously worked for Fortune.com, the Huffington Post and the Wall Street Journal.

How much is anger at social media worth?
Photographer: Doug Mills-Pool/Getty Images North America

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In the pitch deck used to convince people to invest money in former President Donald Trump’s new social-media/wallet-inspection venture, Trump Media & Technology Group, there is a slide titled “Technology Team.” As Matt Levine points out, it lists members by only their first names and last initials, like in an AA meeting: