Chris Pavlovski, the CEO of video sharing service Rumble, announced on Wednesday that the company is officially going public.
According to a statement, the company will now be listed on NASDAQ under the ticker CFVI.
Pavlovski explains that Rumble is the beginning of a new information sharing infrastructure that will remain immune to cancel culture. He said that the company’s mission is to not “stifle, censor, or punish creativity and freedom of expression.” Pavlovski added that the company firmly believes in the importance and value of diverse opinions and ideas.
Pavlovski said that the step to go public is important because it allows others who share their vision of a free and open internet to join in that undertaking.
Rumble has experienced rapid growth in the past year, with Fox Business noting that since the company’s founding in 2013, it hit a record of 36 million active monthly users as of the most recent quarterly report, a significant increase from its 1.6 million average for the same quarter of 2020. The site experienced explosive growth in 2020 after Big Tech websites started stifling the voices of conservatives and censored stories deemed damaging to Democrats, labeling them as “misinformation.”
The company has many high-profile conservatives on its platform, most notably President Donald Trump who was banished from all mainstream social media sites after the Capitol Riot on January 6th.
In October, former President Trump unveiled plans for his new social media platform TRUTH. Trump explained that his startup was to counter “the tyranny of Big Tech” and pointed out the insanity of a world where he has been censored and banned from social media yet the Taliban can coordinate attacks through sites like Twitter.
Big Tech has doubled their efforts to squelch any online thought that doesn’t agree with their far-left agenda. After longtime Twitter CEO Jack Dorsey announced his departure earlier this week, his replacement, Parag Agrawal, revealed how the company would begin cracking down on “directing people’s attention” without feeling “bound by the First Amendment.”
With Tech Giant’s like Twitter openly declaring their willingness to spread fake news and suppress the truth, it’s more important than ever that free speech sites like Rumble have the support of the public.
Author: Dorothy Baker