Parler offered Trump’s company 40% ownership of the app

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The Trump Organization, negotiating on behalf of then-President Donald Trump, held talks that would have given Trump’s company a major stake in Parler in exchange for the president making it his go-to social media platform, BuzzFeed News reported Friday.

After former Trump campaign manager Brad Parscale raised the idea to Trump last year, Parscale and Alex Cannon, a lawyer for the campaign, got together with Parler’s then-CEO John Matze as well as investors Dan Bongino and Jeffrey Wernick, according to BuzzFeed.

Parler offered Trump’s company a 40% stake, doled out over two years — and in exchange, it wanted to require Trump to post on Parler four hours before reposting his content on other platforms (while also always linking back to Parler), BuzzFeed reported.

According to its report, the talks between Parler and the Trump Organization began last summer and were revisted after Trump lost the election to Joe Biden, but ultimately failed — and it wasn’t clear how involved Trump was in the negotiations.

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Written by Dammy

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