Chinese technology company operating short-form video platform TikTok and related apps.bytedance.com ↗
1 take · first discussed Jan 18, 2025
Private company — no public price to score. We track what they said; valuation-mark tracking is on the roadmap.
The sole host view on TikTok/ByteDance comes from Chamath, who holds a bearish, medium-conviction stance. He argues that any acquirer will obtain TikTok at a steep discount to fair market value because the forced-sale dynamic gives all negotiating leverage to the buyer, not the seller. While he acknowledges TikTok is an "incredible asset," he believes the app itself should ultimately be shut down, even if its creator base migrates to another platform such as X. No other hosts provided theses, so there is no agreement or disagreement to note among the group.
Chamath argues that whoever acquires TikTok will get it at a steep discount to fair market value because the buyer has all the leverage, and the app itself should go away even if creators migrate to another platform like X.
whoever gets their hands on it gets their hands on an incredible asset. That they will be able to buy extremely cheaply because there is no way that there is a fair market value here deal for that asset because whoever is the buyer is in th”1:12:13