If Donald Trump can do it, surely it’s easy. Right?
Alex Wilhelm
10 hours
The plan is simple: First, we create a knockoff of a popular digital service. Second, we cry political persecution. Third, we raise a bunch of money with a SPAC. And then, to cap it off, we take on AWS.
Got it?
What’s actually funny is that I am not kidding. That is not only a real plan, but one that we’ve now seen twice.
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We first got wind of the method of raising capital with the Trump SPAC deal taking a collection of ideas and very little product public. And then we got another dose yesterday with online video hosting portal Rumble’s SPAC plan. Both have long-term ambitions, or at least teasers, to take on the incumbent cloud players.
Good luck? That goal, about a hundred billion dollars, and 15 years might get you to quaternary status in the vicinity of where the big public clouds play.
So let’s take a look at the Rumble scheme to conquer the digital world. After all, …
