Earlier quoted context omitted.
Any samples available on the open web?
https://www.youtube.com/watch?v=sed_Hbb5dmw
It seems like all those videos are staged. I mean, that's okay I guess, just kind of weird.
Bytedance said to be valued at over $75B in new round
181–190 of 193 posts
Re: Bytedance said to be valued at over $75B in new round
#182My opinion on the long term potential of China's short video platforms has changed completely in the last three months. Used to be high on it, but now I think it's useful but not to this hyped up level, not even close. The majority of videos on Douyin belong to one of these three categories, 1, girls putting on crazy amount of makeup staring at the camera or lip syncing. The platforms's software are often used to mak…
Douyin is as much as a social platform as Youtube.
The core competency here is content. Douyin has a creator base, and the platform to deliver the contents to massive audience.
Re: Bytedance said to be valued at over $75B in new round
#183Re: Bytedance said to be valued at over $75B in new round
#184Mostly off topic. Why has China produced most of the serious competition to US software titans? In particular, given that South Korea was way ahead of the rest of the world in cell phone and broadband universality for it's population, why haven't they been the birthplace of any social media or other internet companies that expanded abroad (instead they adopted YouTube and Facebook)?
I'm reading AI Superpowers by Kai-Fu Lee (MS Research China, Google China, Sinovation) now - https://aisuperpowers.com/ His version of the story: 1) China's wild-west, copyright ignoring culture forced Chinese entrepreneurs to out work, out hustle, out spend their competitors because there was no IP moat. 3 decades of that environment allowed China to develop many levels of development, management, etc talent. Now th…
Anyone who wants an example of Chinese engineering at its best should try downloading the desktop Wechat client. Super smooth, fast and lightweight, currently just using 40mb in my task manager. Using it highlights how much software like Skype has lost its way. Or the Slack desktop client, which won't even start on my Linux laptop without 3gb of free ram, due to being packed so full with memory bloat and disregard for its users in the name of faster development time (or maybe management being too cheap to hire people capable of developing efficient GUIs in a lower-level language).
Re: Bytedance said to be valued at over $75B in new round
#185Earlier quoted context omitted.
FWIW I have always been under the impression that "first of all that's rude" is mostly used as a funny meme, a recurring harmless little joke (to put emphasis on what comes next in the speech).
But... Was he a known-unknown or an unknown-unknown?
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Re: Bytedance said to be valued at over $75B in new round
#186Earlier quoted context omitted.
It’s an app for sharing short audiovisual clips and it’s huge because it developed in a culture of good-natured, one-upsmanship that is suited to a broad audience of Asian youth (including China, Japan, Korea, Indonesia, Philippines, South Asia, etc.), and in turn was fueled by adaptive feeds based on user behavior and feedback. I liked it because the content was friendly, accessible, and creative. I assume others fe…
Any samples available on the open web?
Here’s a random sample from my feed today. You’ll get the idea, I think. https://youtu.be/dmuykpPaTkA
Re: Bytedance said to be valued at over $75B in new round
#187Re: Bytedance said to be valued at over $75B in new round
#188The valuation confirms that the Tech bubble burst is not far away.
Re: Bytedance said to be valued at over $75B in new round
#189Earlier quoted context omitted.
>First of all, that's rude. Real question: Is there some social etiquette rule that says describing a person to a news audience as "unknown" is being rude? Honestly, I've never heard of that. If I created a billion dollar company and Bloomberg called me "an unknown" , I'd consider it a massive compliment. It means that I was able to grow the company totally under the radar without any distracting interview requests f…
Every other founder is virtually unknown before they become known. Is he unknown because he lives in China and didn't attend Stanford? What does it mean that he is Unknown ?
should've asked instead: "...because he lives in China and didn't attend Tsinghua?"
Re: Bytedance said to be valued at over $75B in new round
#190Earlier quoted context omitted.
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.
Where are the bulk of their users based? I assume China right? Surely the ARPU in China is way less than the USA where FB/Snap/goog/twtr own most of the market.
SEA and the rest of APAC has huge amount of users as well. This is the deck I got from their recruitment team https://drive.google.com/file/d/0B0DEYVDObCi_M3dxcU1XRnVpX09...