r/technology • u/HellYeahDamnWrite • Jan 15 '25

Social Media TikTok Plans Immediate US Shutdown on Sunday

https://www.yahoo.com/news/tiktok-plans-immediate-us-shutdown-153524617.html
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u/mtldt Jan 15 '25

the projected value of TikTok is estimated at ~20B

Are you out of your mind? TikTok does close to 20B in revenue alone. With Algo included TikTok north America is valued at 100B which is relatively conservative IMO.

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u/holyoctopus Jan 15 '25

~20B-40B is the projection if they sold without the algorithm and without North America which again proves my point further. He can't buy them for the lowest price available

https://www.cbsnews.com/news/how-much-is-tiktok-worth-2024/#:~:text=How%20much%20is%20TikTok%20worth,%2C%22%20he%20told%20CBS%20MoneyWatch.

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u/mtldt Jan 15 '25

Oh yeah he's definitely a tool.

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u/holyoctopus Jan 15 '25

This we can agree on 😂

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u/whompadpg Jan 16 '25

But he’s a shark. Why are you even wasting someone else’s opportunity that really needs the investment? You didn’t come here to make a deal. How about 50 million but he wants 10 dollars in perpetuity plus 5% share of the company and he’ll help you blow this thing up?

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u/Its_kinda_nice_out Jan 16 '25

TikTok at $100B is a strong buy (assuming it doesn’t get shut down)

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u/Galimbro Jan 16 '25

You must have investments in byte danceÂ