TikTok's co-founder to step down as chief executive

Post by rfoo » Thu, May 20, 2021, 9:42 AM UTC

supergirl wrote: post #11

samspenc wrote: post #3

Earlier quoted context omitted.

> "The truth is, I lack some of the skills that make an ideal manager. I'm more interested in analysing organizational and market principles, and leveraging these theories to further reduce management work, rather than actually managing people," Mr Zhang wrote in a message on the company's website. "Similarly, I'm not very social, preferring solitary activities like being online, reading, listening to music, and cont…

I think it might be Chinese corporate talk. the politicians also talk like this sometimes. might be related to communism -- attempting to not be condescending to regular people. or maybe it's just Chinese culture that doesn't value empty talk and so he is forced to write something concrete but it doesn't mean this is the truth.

Post by rfoo » Thu, May 20, 2021, 10:02 AM UTC

swyx wrote: post #16

yftsui wrote: post #15

Earlier quoted context omitted.

Nobody use BAT anymore, Baidu has been a 2nd tier company for at least 5 years and nobody refer it in the acronyms. The top 5 are Alibaba, Tencent, Ant Financial, ByteDance, Meituan or PDD

seen any good analyses of what happened at Baidu? how do you screw up being "The Google of China"? (I know "X of China" is never actually true but work with me)

Post by beaunative » Thu, May 20, 2021, 10:11 AM UTC

supergirl wrote: post #11

samspenc wrote: post #3

Earlier quoted context omitted.

> "The truth is, I lack some of the skills that make an ideal manager. I'm more interested in analysing organizational and market principles, and leveraging these theories to further reduce management work, rather than actually managing people," Mr Zhang wrote in a message on the company's website. "Similarly, I'm not very social, preferring solitary activities like being online, reading, listening to music, and cont…

I think it might be Chinese corporate talk. the politicians also talk like this sometimes. might be related to communism -- attempting to not be condescending to regular people. or maybe it's just Chinese culture that doesn't value empty talk and so he is forced to write something concrete but it doesn't mean this is the truth.

Post by gogopuppygogo » Thu, May 20, 2021, 10:21 AM UTC

xvector wrote: post #19

Cthulhu_ wrote: post #14

Earlier quoted context omitted.

That's a prediction and a half. It would only become the most valuable company if the stock market goes crazy about it, as it stands, one does not become that with just a mobile app / social network.

Still, it will be an incredibly valuable company, especially as the Chinese middle class comes into wealth.

Post by miguelrochefort » Thu, May 20, 2021, 10:25 AM UTC

deadcoder0904 wrote: post #18

miguelrochefort wrote: post #4

For those unfamiliar with ByteDance, they’re actually much bigger than you might think, and have become serious competitors to China’s leading tech companies (BATX + H) [1]: - Baidu - Alibaba - Tencent - Xiaomi - Huawei You can see how their offering compare in this Big Tech Spreadsheet [2]. [1] https://en.m.wikipedia.org/wiki/BATX [2] https://miguelrochefort.com/blog/big-tech

Where did you get this data from?