Makes sense. The fed's inflated the money supply quite a lot.
Twitter and Snapchat are both “only” worth around $25B each
This isn’t just about a money printer.
TikTok has recently traded at valuations of $105-110B on private markets
11–20 of 156 posts
Re: TikTok has recently traded at valuations of $105-110B on private markets
#12I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
I'm largely with you, although maybe they're thinking of YouTube in the scene that it has stuck around for a while.
Re: TikTok has recently traded at valuations of $105-110B on private markets
#13I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
Wasn't the same said about Facebook?
Re: TikTok has recently traded at valuations of $105-110B on private markets
#14This is the parent ByteDance, not TikTok...
Re: TikTok has recently traded at valuations of $105-110B on private markets
#15I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
> has a track record of jumping from platform to platform
do they really though? It honestly seems like particular brands are very sticky with internet demographics, not just young people.
IIRC there even is more brand loyalty among ecommerce than there is among physical brick and mortar stores.
You can look at something like Whatsapp as well. There have been lots of privacy concerns after the acquisition by Facebook but the number of people who actually switch to say, Signal is very low. There are huge network effects to these social media / communications platforms, and TikTok already has 1.5 billion users worldwide.
Re: TikTok has recently traded at valuations of $105-110B on private markets
#16>The trading of ByteDance is reflective of the global wave of consumers who agree that ByteDance can displace Facebook as the leading social network
If this came true, what would be the ramifications for US national security?
Re: TikTok has recently traded at valuations of $105-110B on private markets
#17I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
Facebook was able to leverage their popularity with college students into a larger platform that had mass appeal with all age groups. I don't see why TikTok can't add features and get the same results.
Re: TikTok has recently traded at valuations of $105-110B on private markets
#18> It’s the first salvo of ByteDance’s goal to reach 100,000 staff globally by the end of the year, outlined by Chief Executive Officer Zhang Yiming in an internal memo last month.
Can someone explain to me the rationale behind such an aggressive employee headcount? Do they have larger ambitions or are they trying to justify the valuation? It just strikes me at an incredibly large number of employees for the service.
Re: TikTok has recently traded at valuations of $105-110B on private markets
#19I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
TikTok is fun. If you're not on it, it's hard to understand.
Re: TikTok has recently traded at valuations of $105-110B on private markets
#20I really can't fathom how this is possible. The largely young demographic (which I'm guessing warrants this valuation) has a track record of jumping from platform to platform, whichever is trendy for a given year. With that in mind, how are investors seriously willing to get behind this company in such a big way?
This was my first reaction also but making a quick google search it seems that TikTok has 500 million users. That's a lot. Doing a pretty simple calculation of a dollar per user per day, you arrive quickly at 180 billion dollars of advertising monetization a year. It is really just another scale. But yeah, maybe i am way off and the valuation is still absurd.