Web Services Provider Can't Get Paid ~ What Would You Do?
What would you do in this situation?
Your technical team have spent untold resources setting up the infrastructure necessary to host a new social media app. But the stakeholders made only 3 payments and then suddenly stopped paying in March. They still owe you $1.6 million.
- Do you continue to provide service?
- Do you send them to a collection agency?
- Do you take them to court?
- Do you hit the OFF switch on the servers that host the platform?
What if I told you the tech company is RightForge and the social app is Truth Social, owned by Donald Trump? In October, RightForge announced it entered into an agreement to host Truth Social, which Trump helped create after he was banned by Twitter following the Jan. 6 riots. RightForge now contends that Truth Social has reneged on its contractually obligated monthly payments for setting up the platform's web-servicing infrastructure. https://www.foxbusiness.com/features/trump-social-media-app-facing-financial-fallout
Trump is no stranger to ducking his debt obligations. He is infamous for stiffing contractors, skilled trade workers and professionals up & down the East Coast.
Source: https://quotepark.com/quotes/1764839-bob-dylan-steal-a-little-and-they-throw-you-in-jail-steal-a/"Stea
"Steal a little and they throw you in jail; steal a lot and they make you king."
-- Bob Dylan, Infidels (1983), Sweatheart Like You
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