Kellyanne Conway Considers Rejoining Team Trump for 2024

-Good night. I'm Seth Meyers. This is "Late Night." We hope you are well. And now, if you don't mind, we'll move on to the news. President Biden attended a fundraiser tonight at Radio City Music Hall featuring former Presidents Barack Obama and Bill Clinton and hosted by Stephen Colbert. Oh. Hey! So I guess an ice cream date means nothing to you? Well, I guess you know which one of us you should call when you need a ride to the airport. According to a new analysis, President Biden has sharply reduced his use of the term bidenomics since last November.

That's probably a good idea, because nothing else has been drastically reduced. The Biden administration has adopted new racial and ethnic standards for census forms and will add the Middle East and North Africa as a category, while Trump's proposal is a little different. Former Trump campaign manager Kellyanne Conway is reportedly considering an offer to join the

2024

team

, although that could be a lie because she was tipped off by Kellyanne Conway. According to a new survey, 35% of men said it is important for them to smell good during their first sexual experience with a new partner, while the other 65% were given a fake phone number.

The Massachusetts State Police have announced that their robot dog was shot last month during a confrontation on Cape Cod, which is also the phrase Massachusetts parents use to teach their children the accent. A robot dog was shot on Cape Cod. Again! A robot dog was shot on Cape Cod! In a confrontation with a schnauzer! Today was National Hot Tub Day, until the jets turn off, and then it's just Sitting in a Bath with Strangers Day. Papa Johns has announced that he will be offering the new Crispy Cuppy 'Roni Papa Bites, perfect for anyone who loves pepperoni and baby talk.

Organizers of an annual 420 festival on Hippie Hill in San Francisco announced this week that they canceled the event due to lack of funds. Well, you know, you can always tell them they're gone. "Ah, great. Did I have fun?" A man in Idaho recently set the Guinness World Record for the fastest time to finish a one-liter bottle of lemon juice, surpassing the previous record of, I guess, 25 years. And finally, according to a new survey, 76% of Americans believe the tipping culture has gone too far, which, by the way, is the new recommended amount. And that was a monologue.

We're up and running, everyone. We have a fantastic show for you tonight. Fantastic actor. You know him from "Schindler's List," "Love Actually" and "Taken." His new movie, "In the Land of Saints and Sinners," hits theaters this weekend. Liam Neeson is on the show, y'all. What about that? She has won nine Grammy Awards and been inducted into the 2023 Rock & Roll Hall of Fame, whose new album, "Evolution," is out tonight. Sheryl Crow is back on the show. Let's chat. She will perform for us. Very excited about some upcoming shows, some stand-up shows. Friday, April 5, Royal Oak, Michigan. Saturday, April 6, Philadelphia, Pennsylvania.

Tickets are available at sethmeyers.com. Let's all continue. Just as he is drowning in legal bills and desperate need for cash, Donald Trump's net worth has unexpectedly skyrocketed after his failed social media company went public, in what experts call an unsustainable bubble that is divorced from the reality of the business. To learn more about this, it's time for "A Closer Look." I don't need to tell you, Donald Trump needs cash and he needs it ASAP. The guy has been selling Bibles on TV like he's trying to raise money to go to Jesus' camp. The New York Times reported this week that he has spent more than $100 million on legal fees.

Now, I don't know what Trump's current lawyers are doing with all that money, but I can guess what his former lawyers would do with it, based on what they're doing without it. Rudy Giuliani, who recently filed for bankruptcy and declared debts totaling $500 million, posted a video this week of himself behind the wheel of what I can only assume is a convertible or a car with a missing roof. , under the title: "Driving with the top down." Alright, I think I'm out of this "Thelma and Louise" reboot. Knowing Rudy, he would probably miss the cliff. By the way, driving with the top down sounds like a euphemism you'd use for Rudy Giuliani. "I don't know.

I don't know if you should hire that guy. Let's say he's, uh, driving with the roof down." Also, who is holding the camera in this video? Who in their right mind would get in a car with the guy who mistook the Four Seasons landscaping company for a luxury hotel? You probably think these road signs are suggestions. Oh, you know what that means. We have to go crazy now! Don't worry, the next sign says that only Rudies are allowed. So Trump desperately needs money. Now, Trump has spent his entire life getting out of seemingly impossible jams. But surely, surely, there won't be any escape route for him this time, right? -More breaking news tonight about Donald Trump.

His media company, which of course includes Truth Social, soared on its first day of trading on NASDAQ, rising 56% at one point during trading to $78 per share before closing at $58. -Trump now owns 60% of the new Trump Media company, or approximately $78 million per share, a stake that, on paper at this point, is worth $4.6 billion. -The more stocks rise, the higher Donald Trump's net worth. As of yesterday's close, Trump's net worth, according to Bloomberg, was just over $7 billion. On Monday alone it increased by $4 billion. -That's right, Trump doubled his net worth in one day after his otherwise useless social media company went public.

This brings us to a segment called... I mean, I don't... I don't understand. So he doubles his net worth out of nowhere... ...based on a worthless business, just in time to... ...pay the hundreds of millions he owes in fines for lying about his worth. ..just don't do it, I don't understand! This has been "Seth tries to laugh at something that is clearly driving him crazy." Now you might be wondering, “Does Donald Trump own a media and technology company?” And the answer is no, he doesn't. What he has is a silly copy of Twitter for MAGA trolls called Truth Social, where he posts crazy, typo-ridden, all-caps rants.

You may have seen one of his posts when someone else screenshots it and then posts it on Twitter. Truth Social has been a total failure, losing millions of dollars and hemorrhaging users. -Experts warn that the stock is extremely overvalued, saying its eye-popping multibillion-dollar valuation is likely a flash in the pan. Truth Social has been racking up huge losses and, as of last month, only had about 494,000 monthly active mobile users. -The social truth is small. We are talking about less than half a million monthly active users on iOS and Android in the United States. For comparison, X, the company formerly known as Twitter, has 75 million users.

Even Instagram threads are 10 times bigger than Truth Social. Not only that, but Truth Social is shrinking. Monthly active users decreased 51% year over year in February. -Trump Media generated just $3.4 million in revenue during the first nine months of last year, according to filings. The company lost $49 million during that period. -The only way this business could be a bigger failure is if every time you opened an account, you got a free Zune, a bottle of Crystal Pepsi, a Blockbuster card, a Motorola flip phone that came preloaded with a Myspace account, and a gate-side roundtrip on Alaska Airlines. So, just to summarize, Truth Social is not only a small business that generated just $3 million in revenue while losing $49 million, but it's also shrinking, with unique visitors down 20% and active users down 51%.

Their revenue is so small (and this is true) that they actually qualify for the federal government's definition of a small business, which has revenue ranging from $1 million to more than $40 million. By comparison, here's how much money Squatty Potty, the plastic stool you put your feet on while going to the bathroom, made after his appearance on "Shark Tank." -Squatty Potty has partnered with over 20 major retailers. We are also in 20 countries around the world. We've achieved $175 million in sales since "Shark Tank." -175 million dollars! For something that helps you compared to Truth Social, which I guarantee is something Trump does, while Trump's stock market windfall has nothing to do with the reality of his business, and that's obvious to everyone .

It is simply a buying spree fueled by Trump supporters and merchants taking advantage of the enthusiasm of Trump supporters. I'm willing to bet that most of the people who invest in this company haven't even used Truth Social. Here's an exchange from Fox News, in which host Jesse Watters claimed he used the site, but didn't prove it. -In the last nine months of 2023, Truth Social generated $3.4 million and lost $49 million in that period. The valuation, which is $11 billion. Compared to Reddit, right, it's something we've all been on, right? Its valuation was $6.4 billion. So, you think that a site that has less than half a million users...

I mean, this is what... These are facts. -All these evaluations are ridiculous, Jessica. -Okay, so he's the Game... It's like GameStop, right? It's a meme, right? -Okay, you know what? -Do you know how you look at this? -Well, actually it's not, because I'm using it. -Look at this... -Oh, are you on Truth Social? -I'm in Truth Social. -Show me. -I'm not going to let you look at my phone. -Show me your phone. - -How dare you? -Why don't you show him your phone?! Oh, the only app is Candy Crush? And you have it downloaded twice? Seriously, Jesse, why don't you show us your phone?

Is it because you're afraid we'll see the video you recorded of Rudy driving his car? Trump himself seems to have no idea how the business works. For example, the special acquisition company that Trump Media merged with trades on the NASDAQ rather than the larger New York Stock Exchange. But when he tried to explain why, Trump offered a mind-boggling, nonsensical response. -Truth Social is doing very well. It's hot as a gun and it's working very well, and it's going public. And the New York Stock Exchange really wants to have us. And I told them we can't do it on the New York Stock Exchange.

They treat you very badly in New York. We don't want to make the New York Stock Exchange. And the stock market people are very, very upset about this. The person leading is... is mortified. I can not believe it. He said, "I'm losing business because of New York, because people don't want to be in New York and they don't want to be listed on the New York Stock Exchange." -Alright. A couple things. First of all, the most important person on the New York Stock Exchange is a woman, so that story is obviously made up, unless Trump claims that he had a conversation with the bull.

The head of the stock exchange approached me. Big bull, strong bull, huge nuts, tears in his eyes, falling down to his solid bronze muzzle. And he said to me, "Mr. Trump, sir, the reason I'm frozen in place is because I'm so afraid of being in New York." Second, the NASDAQ is also headquartered in New York. Third, you don't have to literally live in New York to list a company on the NASDAQ or the New York Stock Exchange. If the Swiss company Nestlé wanted to list on the Nasdaq, the CEO would not have to move from Zurich to a studio in Bushwick. "But I don't have room for all my delicious chocolate!" I'm going to assume that the CEO of Nestle is a gnome, and if he's not, don't ruin it for me.

And yet, despite the reality of the underlying business, the stock debuted at a value of nearly $7 billion, thanks to a buying spree by Trump supporters, which doesn't mean he'll stay there. . The value of the stock is based entirely on one thing, which is Trump's brand, and in its own SEC filings, the company admitted that Trump could reduce the value. They wrote that an adverse outcome in one or more of the ongoing legal proceedings involving President Trump could negatively impact the company, and that several companies associated with President Trump have filed for bankruptcy. There are no guarantees that this won't go bankrupt too.

Uh, sell, sell! Sell, sell, sell, sell! Sell, sell, sell, sell, sell! No, that was... that was for something different. I thought this was foolproof! Jesse Waters uses it! An expert told CNN that thestock price is clearly a bubble. "I'm reasonably confident that the stock price will eventually fall to $2 per share, and could fall even lower if the company wastes the money it made from the merger." Oh man, $2. If that happens, Trump is going to be... - Hot as a gun. -In fact, that basically already happened to Trump. Trump once had a publicly traded company with the exact same symbol, DJT.

The company went public in 1995, and this happened in 2004. -Trump Hotels & Casino declares bankruptcy. -His Trump Hotels & Casino empire filed for Chapter 11 bankruptcy protection. Filings list $1.3 billion in debt. -And that's when I had real things, like real buildings. Now all he has is a website where he misspells words, like "Buden" and "grest," an actual thing he did this week on Truth Social. No other successful company does that. I never logged into Amazon and noticed they accidentally spelled your name with an extra "O." The paper value of Trump's stock is wildly divorced from the reality of the underlying business, which is an abject failure.

There is a good chance that the bubble will eventually burst. It's all about Trump, a guy whose businesses have gone bankrupt four times and who is in so much legal trouble that his house was raided by the feds looking for classified documents and yelling... -Show me your phone! -This has been "A Closer Look". We'll be back with Liam Neeson, everyone.