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TikTok has recently traded at valuations of $105-110B on private markets

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Re: TikTok has recently traded at valuations of $105-110B on private markets

#61

Post by Izkata »

TheAdamAndChe wrote: post #34
Barrin92 wrote: post #15

Earlier quoted context omitted.

> 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…

In my experience, the claim that the younger generation hops around is fair. I'm 26. Between the ages of 15 and now, my primary social media platform has hopped between Myspace, Facebook, Reddit, 4chan, YouTube, some diary site, PSN(PlayStation Network), Hacker News, and probably others. I've dipped my toes into countless other ones. I've kind of stopped hopping around as much, but other people my age still hop betwe…

> some diary site

LiveJournal?

Re: TikTok has recently traded at valuations of $105-110B on private markets

#62

Post by snazz »

qppo wrote: post #29
typon wrote: post #22

Earlier quoted context omitted.

Tiktok: 800 million monthly active users worldwide. Twitter: 330 million monthly active users worldwide. Snapchat: 360 million monthly active users worldwide. Maybe TikTok should "only" be worth $50B?

Are Twitter and Snapchat allowed behind the Great Firewall? Honest question, I don't know

According to http://www.chinafirewalltest.com/ (not sure how legit it is), twitter.com is blocked and snapchat.com is allowed.

Re: TikTok has recently traded at valuations of $105-110B on private markets

#63

Post by sixQuarks »

mastermojo wrote: post #55
sjroot wrote: post #5

I 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?

In my opinion Tiktok is a viable replacement for Instagram, a platform that generates on the order of 10B USD revenue a year. They both have pub/sub models where you can follow topics or celebrities or content creators you care about. Instagram is more photo focused and Tiktok is more video focused. The video first format is arguably higher fidelity/more compelling for content consumers. Yes, people jump from platfor…

Tiktok is also MORE popular than instagram worldwide

Re: TikTok has recently traded at valuations of $105-110B on private markets

#64

Post by snazz »

jariel wrote: post #27

Anyone care to comment on the sustainability of these platforms? Facebook has a strong network grounding effect (a few of them) and it may be around for a while. But these 'hyper short form' things like Snapchat and TikTok I feel to be faddish. The 'form' is here to stay, but unless the platforms have lock-in they are fickle. I think Apple, FB, MS, Google have strong incumbency, even though Snapchat is growing ... I'…

I'm not sure that I would put Snapchat and TikTok in the same bucket. Snapchat has very strong network effects among a certain significant demographic. It has a feature that suggests people you may know and a variety of techniques (Streaks, BFFs, Snap Score) intended to keep people using it daily. Think of Snapchat more like a messaging app than like a social network.

Re: TikTok has recently traded at valuations of $105-110B on private markets

#66

Post by majormajor »

michaelyoshika wrote: post #58
enitihas wrote: post #23

What happens if Chinese big tech starts dominating the world? Since the US no longer dominates manufacturing, if the US starts losing in services too, what advantage will the US ever have on China?

Soon Tiktok will be banned in the US by an act proposed by FB lobbyists. Smart for them to hire an American CEO, though. But I still believe FB has more lobbyists. Another possible outcome is they will be forced to sell TikTok to some holding companies in the US.

What's the worst that can happen?

China banning US services seems to have worked out just fine for their tech industry, so maybe more countries should do that, not fewer.

Re: TikTok has recently traded at valuations of $105-110B on private markets

#67

Post by DevKoala »

layoutIfNeeded wrote: post #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?

Facebook security issues were an influencing factor in the past elections. How much worse can it get?

I don’t think that rooting for Facebook against a Chinese built competitor is rooting for national security.

Re: TikTok has recently traded at valuations of $105-110B on private markets

#68

Post by TheAdamAndChe »

Izkata wrote: post #61
TheAdamAndChe wrote: post #34

Earlier quoted context omitted.

In my experience, the claim that the younger generation hops around is fair. I'm 26. Between the ages of 15 and now, my primary social media platform has hopped between Myspace, Facebook, Reddit, 4chan, YouTube, some diary site, PSN(PlayStation Network), Hacker News, and probably others. I've dipped my toes into countless other ones. I've kind of stopped hopping around as much, but other people my age still hop betwe…

> some diary site LiveJournal?

Nah, some other one. I know what it is, but I don't want it to leak in case someone associates this account with my real identity.

Re: TikTok has recently traded at valuations of $105-110B on private markets

#69

Post by wolco »

surbas wrote: post #53
coralreef wrote: post #50

Earlier quoted context omitted.

Facebook solved the core problem of real identity on the web. Extending outside colleges was a natural progression (first to workplaces, then to high schools, then publicly). TikTok solves the problem of short form video creation / entertainment. Will their userbase be interested in creating the same type of content in 4-5 years? I think they'll struggle the same way Snapchat struggles to convince people over 35 to u…

... yeah and Vine.

and keek..
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