Man, I hope someone exploits me by buying my documentary for $30 million!
...but seriously folks, this article is uses the word "exploitation" to mean "exposure" of celebrities' personal lives for entertainment/gossip (e.g. Marilyn Monroe, UK royals, etc.) Smart celebs like Kim K and no doubt Kanye cash-in big-time on this exploitation... it's hard to think what Kim K actually does aside from making billions off of her own "exploitation" in some sense.
Re: Parler acquisition, "exploitation" means "fleecing", i.e. selling an asset to him at far greater than the market price b/c he is mentally ill and doesn't know better (akin to elder exploitation.) I haven't seen a valuation, but Parler did a $16M Series B in Sept 2022, so you'd think that the valuation was probably benchmarked off that. Maybe he paid a small premium, but TBH back to my original point if he takes it seriously and grows it, it could be worth 10-100x what he paid.
...but seriously folks, this article is uses the word "exploitation" to mean "exposure" of celebrities' personal lives for entertainment/gossip (e.g. Marilyn Monroe, UK royals, etc.) Smart celebs like Kim K and no doubt Kanye cash-in big-time on this exploitation... it's hard to think what Kim K actually does aside from making billions off of her own "exploitation" in some sense.
Re: Parler acquisition, "exploitation" means "fleecing", i.e. selling an asset to him at far greater than the market price b/c he is mentally ill and doesn't know better (akin to elder exploitation.) I haven't seen a valuation, but Parler did a $16M Series B in Sept 2022, so you'd think that the valuation was probably benchmarked off that. Maybe he paid a small premium, but TBH back to my original point if he takes it seriously and grows it, it could be worth 10-100x what he paid.