Former President Donald Trump has told friends he has hundreds of millions of dollars in backing for a new social media venture that would give him an online presence and protect conservatives from being shut down online.
Two sources familiar with discussions said investors included Silicon Valley figures motivated by fears of censorship and online “cancel culture.”
Details emerged as Trump began a new phase of his post-presidency, giving television interviews from his Florida base in the week after his Senate impeachment acquittal.
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On Wednesday, he boasted about the millions of people who followed him on his now-shuttered Twitter and Facebook accounts and confirmed that he had considered buying a social media company.
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“We’re negotiating with a number of people,” he told Newsmax TV. “There is also the option of building your own site because we have more people than anybody, so you can literally build your