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The sale price discussed in this email is $10-30 billion. That seems like a very good price to me considering ByteDance's yearly revenue of $80 billion. Of cour
by Reubend 3y ago
The sale price discussed in this email is $10-30 billion. That seems like a very good price to me considering ByteDance's yearly revenue of $80 billion. Of course most of that revenue isn't from the USA, and we can only guess as to what the profit is from that revenue.
But if we do some extremely rough estimates, assuming that 25% of revenue comes from the USA and that they make a 30% margin, then it would take them 3 - 5 years to recoup the investment assuming 0 growth. Plus, I'm sure they could save on hosting costs by leveraging Azure, and tie the ads in with Bing ads. Obviously these numbers are rough and might be way off.
That seems like a really great value for them. If I were in their shoes, I'd probably offer even more.
- jacooper 3y agoAFAIK Oracle bought it.
- lesuorac 3y ago> AFAIK Oracle bought it. Doesn't look like they did. https://www.google.com/search?q=oracle+buys+tiktok https://www.google.com/search?q=oracle+buys+tiktok Afaik, it looks at best that TikTok agreed to host their stuff on Oracle's cloud but it also kind of sounds like that never happened either [1]. [1]: https://en.wikipedia.org/wiki/TikTok#Project_Texas https://en.wikipedia.org/wiki/TikTok#Project_Texas
- deleted 3y ago[deleted]