Live data from Hacker News

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

bloomberg.com

101–110 of 156 posts

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

#101

Earlier quoted context omitted.

Snapchat is fun. If you're not on it, it's hard to understand.

X is fun for the next 4 days. If you're not on it, you're uncool and don't jump on whatever is popular because it's popular. X = Email# IRC# ICQ AIM Yahoo Messenger Friendster MSN Messenger MySpace Flickr Orkut Google Talk Skype Google Wave Facebook Youtube# Twitter# Vimeo# G+ WhatsApp Periscope Vine Instagram Snapchat TikTok Zoom # Only exceptions, so far

I wouldn't list IRC as an exception. Every IRC channel I've ever tried using has been dead.

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

#102
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?

Nothing else to get behind.

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

#103
post #89

Earlier quoted context omitted.

> padding the feeds of less valuable users with ads This is horrifying when you consider this happens in every avenue of life and will only become better targeted as technology progresses.

It’s less horrifying if you think of it as a treadmill — MySpace is sort of the logical extreme, where the owners realized its days were numbered and made the experience so ad-heavy that everyone left for other platforms. You sow growth for some number of years, then you reap. Sometimes it’s subscriptions, sometimes it’s sponsored full-page branding.

Sorry, I wasn't making the claim about a product.

People that are more socially valuable are given a better experience and are treated better; kind of the social media "red carpet" treatment. Those that are less valuable are mined and exploited.

I can imagine an insidious future where social networks assign an "intelligence score" to users and advertise snake oil to those with less capacity to evaluate risks. There might even be a market for those users. A number of companies in the mobile gaming space profit from exploiting "whales". Imagine buying and selling them as targets.

Similarly, networks might evolve to give positive experiences to users that create content. We already have that in the form of monetization and karma. The economy rewards value creators.

But imagine being algorithmically put in place.

That gives me the creeps.

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

#104
Being successful in the TikTok, Snapchat, Instagram market segment seems completely random. These apps have so many features in common with each other and none of them really do anything innovative. TikTok is definitely not the only vine clone in the world, but for some reason this is the one that is worth $110b

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

#105
post #19

Earlier quoted context omitted.

TikTok is fun. If you're not on it, it's hard to understand.

I tried it multiple times, but I've always got low-quality-video fatigue when after have seen the same dance moves 20 times by different people for the same music. With Youtube I can watch conference videos that contain genuinely new content forever, but I don't see that happening with TikTok. Also it spams my mobile notifications, so I had to delete it, even though I don't delete too many apps. For young people who…

You need to be really careful how you tailor it (what you like, hashtags you look up, who you follow, what videos you watch all the way through or multiple times).

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

#106

Earlier quoted context omitted.

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.

Yeah, I don't really blame them for taking control of their citizens' data and keeping the revenue within borders versus shipping it out to American corporations.

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

#107

Social media in the US was always something I thought that Chinese companies couldn't penetrate due to cultural differences. The fact that they have means so many more US tech businesses are potentially at risk, because China's tech sector is extremely strong on the software side, even on the open source side (Ant design for react, Vue js). This is despite relatively high anti-China sentiments: see Koa-router being t…

Maybe this isn't a substantive comment, but I think China understands America more than the other way around.

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

#109

>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.

Neither are ideal, but at least we can compel the CEO of Facebook to testify before Congress. Good luck trying that with a Chinese national.
Post reply on HN