4 ms·
This isn't really small startups competing, though. It's a state sponsored/backed entity with more goals than just disrupting the market.
by bun_at_work 5y ago
This isn't really small startups competing, though. It's a state sponsored/backed entity with more goals than just disrupting the market.
- paxys 5y agoHow is TikTok state sponsored?
- justapassenger 5y agoUnless you say that Chinese government is forcing appstores to fake numbers, then it's not relevant. Products with great market fit can get infinite amount of money from VC and other investors.
- forgetfulness 5y agoYou must surely see the parallels between the US Government agencies' interest on even small email providers, the US Government threatening to prohibit TikTok on the grounds of doing the same as several near-monopolies based on US soil do all over the world but in TikTok's case being Chinese, and what you're saying? That the US Govt can just reap without sowing as the Chinese Govt does through state-run banks is just a convenience.