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A comment on TikTok has recently traded at valuations of $105-110B on private markets. Parent comment

Re:TikTok has recently traded at valuations of $105-110B on ... by jariel on Wednesday May 20, 2020 @05:45PM (#23252242)
Facebook has network effect, TikTock doesn't really.

Facebook is really centered around 'everyone you might know' including friends and family, whereas I doubt parents and grandparents will ever go onto TikTok.

Most importantly, TikTok is not basic communications tool, it's a specialized communications tool honed on a timely and probably faddish trend.

Facebook may or may may not survive, but TikTok will have to transform to make it for the long haul.

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Re:TikTok has recently traded at valuations of $105-110B on ... by lgl on Wednesday May 20, 2020 @06:00PM (#23252433)
Will most likely branch out into all the other usual markets, TikTok chat, TikTok meetings, TikTok Ads, TikTok shops, TikTok news, TikTok Pay, etc. Basically another slightly different version of the same stuff we're all used to with these kinds of social platforms. Still.. >100Bn is simultaneously ridiculous, funny and sad imho.

EDIT: valuation makes a bit more sense for the parent company seeing as it has a lot of other brands that are huge in China and India

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Re:TikTok has recently traded at valuations of $105-110B on ... by jariel on Friday May 22, 2020 @12:23AM (#23268605)
None of those things are a given, moreover, you could say the same about almost any digital company.

"$176.9 million in revenue in 2019" - Forbes, Jan 16.

This is another SoftBank fake unicorn.

This time, they can hide behind the smoke and mirrors of the HK Stock Exchange and non-existent Chinese standard accounting principles.

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Re:TikTok has recently traded at valuations of $105-110B on ... by snazz on Wednesday May 20, 2020 @06:11PM (#23252577)
Instagram doesn't have the same network effect as Facebook. Snapchat does have Quick Add, which shows people you might know; it's also a much more communication-driven platform.

TikTok is probably the modern Instagram replacement, not the modern Facebook replacement.

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Re:TikTok has recently traded at valuations of $105-110B on ... by spideymans on Thursday May 21, 2020 @12:20AM (#23254759)
The barrier to making TikToks is much higher than for Instagram posts. It takes hours to make a decent TikTok; it takes second to make a decent Instagram Story post. For that reason, I see TikTok as more adjacent to YouTube than Instagram.
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