Bytedance said to be valued at over $75B in new round • Hacker News Board

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

#191

Post by ksec » Sun, Sep 30, 2018, 4:50 PM UTC

bigbang wrote: post #149

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.

So 100 Engineers will cost $100M per year? I sometimes wonder why the gap between developers are so wide. There are many ( or more like majority ) in HK the make less than a $100K a year.

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

#192

Post by ksec » Sun, Sep 30, 2018, 4:55 PM UTC

nihonde wrote: post #99

andruby wrote: post #2

I feel like I've been living under a rock. I've never heard of Bytedance. Is it mostly unknown in the western world?

You have been living under a rock, although it’s not your fault. There is depressingly little information exchanged between east and west, other than reports on fringe stuff that emphasizes our otherness. If you knew anyone under age 20 living in nearly any Asian country (maybe India, Pakistan, Bangladesh excluded), they could tell you about Douyin/TikTok.

It is surprising in the age of Internet where one expect information flows in seconds and things spread fast. The East and West is still very separated as it is.

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

#193

Post by acct1771 » Mon, Oct 01, 2018, 3:12 AM UTC

794CD01 wrote: post #146

jessaustin wrote: post #95

Earlier quoted context omitted.

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.

Advertisers not using ads to inform their target potential market, but instead choosing to use them to mislead and trick the consumer, are the reason for this.