The answer is yes, they do make a lot of money off of this. But the details are awful. Only like 12% of the revenue actually makes its way to productive campaigning. Donors are older on average than the average voter. And they hit whales. There are elderly people who donate many times a day. These are basically the same kinds of texts that scammers send and they catch people in almost exactly the same way.

Donations to democratic candidates by young people are down compared to prior elections while donations by the elderly are way up. Politicians are making these spam companies rich while they bleed their elderly voters dry and aggravate their future electorate. Idiocy.