ByteDance investors value TikTok at $50B in takeover bid

Post by marcodave » Thu, Jul 30, 2020, 5:22 PM UTC

rvz wrote: post #75

starfallg wrote: post #72

Earlier quoted context omitted.

>The stable community is driven in part by their algorithms, which replace Instagram and Facebook's idea of a feed of those you follow. It gives more power to TikTok, in that you won't notice if some members of the community leave, and they can continue showing you content you'll enjoy from millions of other users. The endurance of Facebook, Instagram, Youtube and Twitter is the precisely because of the connect/subsc…

> Algorithmic content from random creators is not a model for creating an enduring user base. Users will eventually get desensitised to it and leave. There's a limit to how many memes you can consume. Another thing about these users in this specific demographic always eventually do is they just grow out of it and leave for something else. Or perhaps what was 'hot' in 2020 is now 'not' in 2021. They'll just flock to t…

Post by pankajdoharey » Fri, Jul 31, 2020, 1:06 PM UTC

marcodave wrote: post #196

pankajdoharey wrote: post #190

Earlier quoted context omitted.

Ofcourse Platform companies are overvalued. There is no real tech here just user content they are trying to monetize. Infact I would go ahead and say real tech was under valued look at Sun Microsystems, A company that Developed its own Processor (Sparc) , Its own OS (Solaris) , Its own Database (Mysql) , Its own VM (Virtual Box) , Its own Language and Development Platform (Java), Its own Development IDE (Netbeans) ev…

> And yet the company was sold at 1 Billion USD, which seemed like short change. That was 2009 though, was 1B USD small compared to the average corporate acquisitions at the time? Instagram was also sold for 1B if I recall correctly.