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> but your average bank is not going to be terribly impressed that Oracle is now hosting an app still widely viewed as some random frivolous teen twerk thing.
by xvector 6y ago
> but your average bank is not going to be terribly impressed that Oracle is now hosting an app still widely viewed as some random frivolous teen twerk thing.
Absolutely not. If anything, the young user base makes TikTok more valuable. It will be viewed as an analogue to Facebook before it exploded.
- howlgarnish 6y agoI'm not doubting TikTok's own value, I'm questioning the assertion that owning TikTok will have reputational benefits for Oracle as a cloud hosting provider.
- xvector 6y agoIt’s an application with about a billion users. The benefits are tremendous. Banks are not dumb, they do their research before valuing corps
- howlgarnish 6y agoAgain, not a question of Tiktok's valuation, but whether this is relevant to bank considering Oracle Cloud for their own infra.