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TikTok is as far as I know not profitable. There’s a limit how much investor money you can burn on an app that isn’t making money. But I would say it’s safe to
by abc-xyz 6y ago
TikTok is as far as I know not profitable. There’s a limit how much investor money you can burn on an app that isn’t making money. But I would say it’s safe to assume the CCP will gladly burn billions to ensure they have a social media platform that’s used worldwide.
- jimbob45 6y agoAmerican VCs have lived and died on the “customer count first, profitability later” mantra for the better part of a decade.