> But as with Facebook at the same stage of its life, Bytedance now faces questions over when or even how it will start making a profit. Amazing. $75b valuatio

> But as with Facebook at the same stage of its life, Bytedance now faces questions over when or even how it will start making a profit. Amazing. $75b valuation, loads of cash to run ops and not have your burn rate run you into the ground. Clearly the worth here lies in the apparently very strong AI they use to detect trends. Again, as with Shazam, detecting trends early is obviously quite valuable.