Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Bytedance said to be valued at over $75B in new round

bloomberg.com

Post reply on HN
Print view View original

141–150 of 193 posts

Re: Bytedance said to be valued at over $75B in new round

#141

Post by paradite »

tensor wrote: post #104
paradite wrote: post #65

Earlier quoted context omitted.

Sorry to sound harsh. Maybe it's time to burst out of the English/US bubble and look at what's happening around other parts of the world. Come to think of it, maybe I should start a blog focused on covering tech in China. Edit: To give some context, out of 10 videos that I see on facebook, about 3 of them are "directly taken" from douyin. You can spot them because they have the watermark in Chinese. Granted my social…

I'd love to read a blog on tech in China or other places!

Spent a hour or so, the first post is up:

https://paraditedc.com/

Re: Bytedance said to be valued at over $75B in new round

#142

Post by earenndil »

stephenr wrote: post #62
earenndil wrote: post #54

Earlier quoted context omitted.

> $75B > doesn't make it's[sic] owner any money

What point are you trying to make?

You compared the company to dog shit, even the best of which won't make its owner any money. Yet, this company, with a $75B valuation, clearly has made its owner some money.

Re: Bytedance said to be valued at over $75B in new round

#143

Post by devoply »

nolok wrote: post #121
emptybits wrote: post #45

ByteDance also made news for "highest salaries in the world" and "unlimited salary for unlimited talent". $1M USD salaries plus options. https://www.washingtonpost.com/news/on-small-business/wp/201... https://www.bloomberg.com/news/articles/2017-09-24/in-battle...

Well,frankly it's "easy" when you don't make a profit and rely on investor money rather than balanced account.

When you are getting money on a 75B valuation good luck cashing out on that sort of startup. The investors will eat most of that profit leaving you with a few million if you are lucky on a big exit.

Re: Bytedance said to be valued at over $75B in new round

#144

Post by trhway »

JauntTrooper wrote: post #140
bb2018 wrote: post #132

Earlier quoted context omitted.

The number is still a bit confusing for an outsider though, no? Twitter is worth 20B. Facebook is worth just five times this and also has Instagram and Whatsapp. Is this worth as much as Instagram which has a huge and wealthy audience?

Facebook is worth $475 billion, 22x as much as Twitter.

FB has 1.5B DAU, Twitter - ~150M DAU. Bytedance has ~200M DAU, and about the same revenue as Twitter. So, Bytedance DAU is valued as an FB DAU - probably reflects expectations that it can get to the FB level (ie. 3x) of per-user revenue extraction and not ends up like Twitter/Snap.

Re: Bytedance said to be valued at over $75B in new round

#145

Post by stephenr »

earenndil wrote: post #142
stephenr wrote: post #62

Earlier quoted context omitted.

What point are you trying to make?

You compared the company to dog shit, even the best of which won't make its owner any money. Yet, this company, with a $75B valuation, clearly has made its owner some money.

> with a $75B valuation, clearly has made its owner some money

Why do you assume that? It's not profitable, it only survives because of outside funding, and thus the owners of the company, are the ones providing the funding, not the guy who decided what the world needs is a better way to generate scummy click-bait content.

Re: Bytedance said to be valued at over $75B in new round

#146

Post by 794CD01 »

jessaustin wrote: post #95
rbinv wrote: post #82

Earlier quoted context omitted.

Ads will never go away, ever. They work too well and always will.

They go away eventually on open platforms, because blocking. That's why lots of firms push closed platforms. That's why humans should use open platforms.

Ad blocking doesn't eliminate ads, it just forces advertisers to astroturf rather than labelling their ads explicitly.

Re: Bytedance said to be valued at over $75B in new round

#149

Post by bigbang »

emptybits wrote: post #45

ByteDance also made news for "highest salaries in the world" and "unlimited salary for unlimited talent". $1M USD salaries plus options. https://www.washingtonpost.com/news/on-small-business/wp/201... https://www.bloomberg.com/news/articles/2017-09-24/in-battle...

"ByteDance’s top earners make more than $1 million a year plus stock options, with total compensation sometimes exceeding $3 million. " I bet top earners at Google, Facebook etc make much more than this.
Post reply on HN