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Future startup biz strategy: Chinese company makes huge viral app for the US market, and lets everyone stoke rumors that it's a spying platform. US gov't tosse
by brandonmenc 6y ago
Future startup biz strategy:
Chinese company makes huge viral app for the US market, and lets everyone stoke rumors that it's a spying platform. US gov't tosses a huge subsidy at whatever domestic company can acquire it at any cost - in the interest of national defense - resulting in massive overvalued purchase. China pockets the profits. Rinse, repeat.
- smilekzs 6y agoBut isn't it more likely that said Chinese company will have little to none leverage in the talks, because the choice is between getting banned or getting bought at a token (read: undervalued) price?
- cma 6y agoThat assumes the buyers aren't in competition with each other, and just one possible buyer is pre-chosen.
- Spivak 6y agoPotentially but their negotiating position is shutting down completely which would be a loss for a potential acquiring company. I'm sure that TT stole some users from YT, IG, and Tumblr but largely creators are posting everywhere so their existence just increases the size of the pie.
- LordFast 6y agoSelling paranoia is good business these days.
- nkingsy 6y agoIf you can build a huge viral app, you’re already a billionaire.