TikTok’s Chinese owner offers to forego stake to clinch U.S. deal – sources

Post by ideals » Sat, Aug 01, 2020, 4:58 PM UTC

bitxbit wrote: post #10

praveen9920 wrote: post #4

Trump's grudge on Tiktok users apart, could this be a plot of hostile take over? With all the public threats ByteDance is receiving from president of USA, Msft or any other company which acquires, gets one of the biggest social networking site of the decade at give away price.

I don’t think it’s at a discount at all. They’re effectively selling it at the height of the market. Even if they cut valuation in half, it’d still be at a significant premium.

Post by baybal2 » Sat, Aug 01, 2020, 4:58 PM UTC

mrtksn wrote: post #90

eunos wrote: post #74

Earlier quoted context omitted.

Ironically, this future might be what CCP wished. Their practice won't be regarded as "archaic" anymore and U.S ultimate grip in tech might start to wane, however small will be. A few days ago Pompeo warned that CCP might change "us" (outside PRC in this context). It seems, however, that U.S. might be the first to be changed.

I know right? And this saddens me because my whole life the USA was the role model. I was born in a communist country but it changed to be more like USA at my early childhood, so USA is the dream. Now the USA is becoming this thing that values state security in expense of individual freedoms. I am totally not amused. edit: unfavourable opinions seem to get downvoted into oblivion. I am actually surprised by the jubil…

Post by DuskStar » Sat, Aug 01, 2020, 4:59 PM UTC

DabbyDabberson wrote: post #24

bitxbit wrote: post #10

Earlier quoted context omitted.

I don’t think it’s at a discount at all. They’re effectively selling it at the height of the market. Even if they cut valuation in half, it’d still be at a significant premium.

I feel like sentiment was similar for when FB bought IG for $1B. Today, we would all agree that was vastly under priced.

Post by mrtksn » Sat, Aug 01, 2020, 4:59 PM UTC

baybal2 wrote: post #103

mrtksn wrote: post #90

Earlier quoted context omitted.

I know right? And this saddens me because my whole life the USA was the role model. I was born in a communist country but it changed to be more like USA at my early childhood, so USA is the dream. Now the USA is becoming this thing that values state security in expense of individual freedoms. I am totally not amused. edit: unfavourable opinions seem to get downvoted into oblivion. I am actually surprised by the jubil…

Where are you from?

Post by robert_foss » Sat, Aug 01, 2020, 5:00 PM UTC

RavlaAlvar wrote: post #75

pknerd wrote: post #46

US is doing with China what China did with them. American VCs and business men used to criticize and mock Chinese government for it. Since US is following the footsteps of China, I wonder whether Chinese will be doing what US VCs did?

If US successfully force China to open market, that would be a win for everyone. Of course though, this situation would only occur in fantasy land.