this post was submitted on 24 Jul 2024
507 points (99.0% liked)
196
16530 readers
2661 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I'm sort of intrigued how they got the startup funding.
You're building a retail business around a meme. Even in the best possible case, you have a couple years of relevance to pay down the debt.
It's brick-and-mortar, with real inventory, not like just online drop-shipping stuff silkscreened on demand, so the overhead is pretty high.
If a bank financed any of this nonsense, I want to know so we can send the FDIC Shock Troops in to find out what other stupid shit they're doing with depositor money.
There's one of these, up my street, that started as a MAGA themed store, then they moved to more being Trump worshiping type products, then they promoted 2020 campaign stuff, then Let's Go Brandon, and back to 2024 campaign stuff. I don't even think they even like or support him, but are capitalizing on how his followers act in a fan-club manner and buy up all the merchandise.