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That doesn‘t really make sense financially. It would be more reasonable to sell.
by quonn 2y ago
That doesn‘t really make sense financially. It would be more reasonable to sell.
- happymellon 2y agoHow does owning a company and making money, just not in one country, not make sense vs. not owning a company and letting other people make money?
- quonn 2y agoThey can keep the company, just not in the US. Furthermore it really depends on the price. If I make an annual profit x that is expected to grow to y eventually, then I would certainly sell you that company for 100 * y. Maybe even 10 * y.
- dudisubekti 2y agoWait so if Bytedance divested… there can be two Tiktoks? Tiktok US and Tiktok world?
- quonn 2y agoThat‘s my understanding.
- nickthegreek 2y agoThe good American content would be gone, which is a large part of it making money.
- cad31 2y ago[dead]