Axios tells us that Lord Damp Nut wants a piece of the action on GRIFTTR… (all the usual disclaimers about formatting apply)
Former President Trump wanted equity in Gettr, the new social media app launched by former Trump aide Jason Miller, sources tell Axios.
Why it matters: The former president has yet to join the app, although sources say that conversations about his participation are ongoing. Discussions about equity are likely part of those conversations, and everything is a negotiation point…
- Sources say the company is exploring ways to build out a financial services platform, Gettr Pay.
- Miller has in the past stated that since the platform won’t share or sell any user data, it will monetize via tips to creators and will take a smaller cut than other tech platforms. It also plans to launch ads next year.
Lord Damp Nut wants his beak moistened, but we bet he’s not putting any money in the kitty. And he mosdef wants in on GRIFTTR Pay.
Expect 1) He’ll say having him on the platform is worth an equity stake and B) feign surprise when he learns that GRIFTTR is…
Miller has acknowledged in media interviews that one of the initial funders of the app is the family foundation of Guo Wengui, a Chinese billionaire. Gettr has yet to publicly state its full list of initial backers.