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Why is Tiktok US no longer worth $10 billion or so? Why wouldn't American investors still want to buy it? My guess is that American investors would want to bu
by hollerith 2y ago
Why is Tiktok US no longer worth $10 billion or so?
Why wouldn't American investors still want to buy it?
My guess is that American investors would want to buy it, but want the algorithm, but ByteDance is not willing to sell the algorithm out of fear that sharing it would degrade its competitive position outside the US.
- stale2002 2y agoIf a 100-200 billion dollar valuation company gets sold for 10 billion dollars then they would be agreeing with my point, not disagreeing with it.