What is the story behind the ending of funding for Milo’s businesses if I may ask?
Back in late 17, the Mercer family pulled the $10m they gave him as capital, converting it to a loan. This was mostly over Robert Mercer getting out of the business and handing it over to Rebekah, who didn’t have the stomach for extreme controversy. That’s about when they told Breitbart to dump Bannon or she’d pull their money.
After that Milo found some billionaire bitcoin guy who died of a drug overdose. So his money went out the window.
Even before that, though, Milo had scaled down massively and had told his editor he wanted to scrap the publishing business after two books (His and Pam Geller’s. Mine was to be #4.)