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

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

#151

Post by jariel »

lgl wrote: post #51
jariel wrote: post #30

Earlier quoted context omitted.

Facebook has network effect, TikTock doesn't really. Facebook is really centered around 'everyone you might know' including friends and family, whereas I doubt parents and grandparents will ever go onto TikTok. Most importantly, TikTok is not basic communications tool, it's a specialized communications tool honed on a timely and probably faddish trend. Facebook may or may may not survive, but TikTok will have to tran…

Will most likely branch out into all the other usual markets, TikTok chat, TikTok meetings, TikTok Ads, TikTok shops, TikTok news, TikTok Pay, etc. Basically another slightly different version of the same stuff we're all used to with these kinds of social platforms. Still.. >100Bn is simultaneously ridiculous, funny and sad imho. EDIT: valuation makes a bit more sense for the parent company seeing as it has a lot of…

None of those things are a given, moreover, you could say the same about almost any digital company.

"$176.9 million in revenue in 2019" - Forbes, Jan 16.

This is another SoftBank fake unicorn.

This time, they can hide behind the smoke and mirrors of the HK Stock Exchange and non-existent Chinese standard accounting principles.

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

#153

Post by ponyous »

dntbnmpls wrote: post #131
majormajor wrote: post #66

Earlier quoted context omitted.

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.

I've been saying this myself for a while now. Take the EU for example. Why doesn't the EU have a silicon valley rivaling our silicon valley? They have a larger population and a larger economy. Not only can they afford to invest in their silicon valley, they have a market to sustain it. Where is their facebook, google, apple, youtube, etc? Even more baffling is india. The US has a lot of indian tech workers. Why doesn…

Europe is fragmented not only by language but by law, culture and other things as well... It's not trivial to be available to all europe at once (Spotify/Netflix for example are not available in several eastern european countries)

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

#154

Post by inimino »

xiphias2 wrote: post #83
inimino wrote: 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…

Scroll past the ones that bore you, or long press and hit "not interested", and the for you page will improve.

> conference videos

TikTok is for killing time and having fun. If you're learning on TikTok it's by accident. The videos are limited to a minute, ffs. That's why it's fun and it's good that people who take it too seriously are put off by the format and leave.

> I had to delete it

You can curate the apps allowed to notify you on your phone. For me, my phone makes a noise when someone is calling me (a good old-fashioned phone call) and that is the only notification I allow. If you're deleting apps for that, you're missing out.

> young people who have their friends on it

You're thinking of snap. Young people don't have their friends on tiktok, they are mostly hoping not to meet people they know on there so they don't get in trouble for how they use it.

When a platform captures the leisure of young people, it develops a culture with its own conventions and art. TikTok is the first platform I've been excited by since early Twitter. The fact that old people don't get it is a huge benefit. TikTok doesn't want your boring conference videos.

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

#155

Post by inimino »

kenhwang wrote: post #42
inimino wrote: post #19

Earlier quoted context omitted.

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

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

I am on it. As a platform, it doesn't hold a candle to TikTok.

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

#156

Post by throwaway391003 »

cwkoss wrote: post #125
kayhi wrote: post #76

Feels like Twitter buying Vine and not executing made this possible?

Yeah, killing vine was such a huge mistake.

they really should just start it up again. i'm sure there's many who would love to get off the chinese service
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