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If I had to read between the lines, his leaving is signalling that Bytedance is digging into their position selling the minimum number of assets (US + 4 eyes) a
by starfallg 6y ago
If I had to read between the lines, his leaving is signalling that Bytedance is digging into their position selling the minimum number of assets (US + 4 eyes) and the negotiations are reaching the crucial stages.
Previously there was still hope of selling TikTok globally.
More importantly it seems that Kevin/TikTok has no influence at all in the negotiations - it is purely between Bytedance and the relevant companies. This is probably the real reason he's leaving - he's in no position to shape the deal and it isn't looking good for him right now.
- dcsan 6y agohis usefulness expired, and now HQ want to control the nego directly. Just like any foreigner used as a local hired gun.
- damuyetu 6y agoThis is something that has totallly escpaed the western world. This appointment was just a pr move, similar to hugo bara and xiaomi and many other ceremonial CEOs at chinese compnaies. it never ends well.
- starfallg 6y agoI agree with this, but it doesn't make sense to eject him at this point in time if that was the case. So the decision to leave must have been from Kevin.