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

bloomberg.com

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

#111

Post by identity0 »

mattlondon wrote: post #49
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?

Yeah I wonder about this too. This time last year (or was it the year before that?) it was Snapchat (remember Snapchat? Kids don't) that was going to take over the world and be bigger than Apple + Facebook + Google combined etc etc. I don't think that worked out really. I am guessing that investors just pile in wherever the "youth" are without paying too much attention to what it really is they are investing in... ju…

Snapchat is still massive and influential. My snapchat username is still probably the first thing people my age will ask me for. Yes of course it’s not as influential as facebook or google, since it only has one product, but don’t act like youth no longer use snapchat.

Source: I’m youth

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

#112

Post by mrdrozdov »

As others have mentioned, this hacker news headline is deceptive. The valuation is with respect to ByteDance, which has a business suite beyond TikTok. Even the article headline mentions this: "TikTok Owner’s Value Exceeds $100 Billion in Private Markets"

There are other facts about ByteDance such as having nearly 100k employees and a moderately size AI research lab that makes this news less surprising.

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

#113

Post by magicsmoke »

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?

World's largest navy and control of global oil shipping. That and some pretty advanced and battle tested military technology and the world's largest arms industry.

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

#114

Post by baby »

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?

The US can easily block these apps. Why not? Western apps are blocked in China.

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

#115

Post by sabujp »

ngokevin wrote: post #107
chrischen wrote: post #80

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.

mandarin should become mandatory in US schools

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

#116

Post by wolco »

inimino wrote: post #19
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?

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

I've been on it. It's kinda boring, the videos are so short and are like gifs.

I've been getting into more ig live lately. It seems to be the latest popular thing. Live long videos of stars are hot.

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

#117

Post by magicsmoke »

ngokevin wrote: post #107
chrischen wrote: post #80

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.

Compare the number of Chinese students in the US and the number of US students in China.

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

#118

Post by wolco »

skookum-skuad wrote: post #87
kenhwang wrote: post #42

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

Periscope was never fun

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

#120

Post by wolco »

mynegation wrote: post #35
knackfuss wrote: post #20

Earlier quoted context omitted.

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.

Where did you get that “simple calculation” from? If Average user is worth to TikTok a dollar per day that means that ad buyers are willing to give it to TikTok from their advertising and marketing budget. Which means that the average user should spend at least few grands each year on advertised products and services, which does not seem likely. Also, this is not how valuations are estimated. 180 billion _per year_ i…

An averge tiktok user doesn't make a dollar a day not sure they have the most valuable userbase.
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