3 ms·
i see four scenarios: 1. insanity 2. lies about numbers 3. massive invasive data siphoning and thats actually the basis for the valuation 4. tiktok now has a l
by nelaboras 6y ago
i see four scenarios:
1. insanity
2. lies about numbers
3. massive invasive data siphoning and thats actually the basis for the valuation
4. tiktok now has a license to vast raw video and personal data that users granted them the right to use and resell in perpetuity. They obviously don't just keep edited but also raw data, videos never published, maybe even entire camera rolls. So much data held by a company sheltered behind the Chinese state's protection from legal repercussions.
or of course all of the above.
- georgespencer 6y agoScenario 5: you didn't read beyond the misleading headline to see that it's ByteDance, who own TikTok, and who did $20bn of revenue in 2019 (implying a 5x multiple on valuation).