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>TikTok's only 'innovation' is paying billions of dollars to teenagers to create meme videos TikTok has at least done three innovative things. One is the frict
by Barrin92 4y ago
>TikTok's only 'innovation' is paying billions of dollars to teenagers to create meme videos
TikTok has at least done three innovative things. One is the frictionless sign in that doesn't require an account, secondly the well done video editing tools and most importantly abstracting away the social graph.
And on the finance site this doesn't check out either. TikTok is on track to triple revenue this year alone and top creators generally make more money from outside sponsors and deals than from the company itself. Of all the social media site TikTok arguably chips in the least amount of money themselves.
- deleted 4y ago[deleted]
- alexashka 4y ago> Of all the social media site TikTok arguably chips in the least amount of money themselves. How do you know that?
- nickthegreek 4y agohank green video on tiktok creator fund: https://www.youtube.com/watch?v=jAZapFzpP64 https://www.youtube.com/watch?v=jAZapFzpP64 article recap: https://www.tubefilter.com/2022/01/24/hank-green-tiktok-creator-fund-earnings-per-view/ https://www.tubefilter.com/2022/01/24/hank-green-tiktok-crea...
- hellomyguys 4y agoI would also say spending billions on user acquisition is a bit of an innovation too because they did it and it paid off.