To understand why they have such a large valuation you need to understand that: 1. This is massive with the tween/teen market. That is why not many people understand its popularity; you either need to know a tween, or have one as a kid. 2. Musical.ly became Vine after Vine shutdown. The content moved from lip-synced videos to more of a mixure of vine-like videos and lip sync. 3. They currently have 60M monthly users,…
I have a tween/teen, but I don't let her use apps like this. Have you taken a look at it? Maybe I'm turning into an uptight old man, but it's not a good idea, knowing what I do about the internet.
At the end of the day, I can only coach her on how to conduct herself online, she's going to be the one out there.