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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 mattlondon on Wednesday May 20, 2020 @05:55PM (#23252380)
Yeah I wonder about this too.

This time last year (or was it the year before that?) it was Snapchat (remember Snapchat? Kids don't) that was going to take over the world and be bigger than Apple + Facebook + Google combined etc etc. I don't think that worked out really.

I am guessing that investors just pile in wherever the "youth" are without paying too much attention to what it really is they are investing in... just hoping to get in early on the next big thing I suppose

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Re:TikTok has recently traded at valuations of $105-110B on ... by identity0 on Wednesday May 20, 2020 @07:24PM (#23253197)
Snapchat is still massive and influential. My snapchat username is still probably the first thing people my age will ask me for. Yes of course it’s not as influential as facebook or google, since it only has one product, but don’t act like youth no longer use snapchat.

Source: I’m youth

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Re:TikTok has recently traded at valuations of $105-110B on ... by hkyeti on Wednesday May 20, 2020 @10:14PM (#23254216)
It's mostly a US centric thing though
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Re:TikTok has recently traded at valuations of $105-110B on ... by technion on Wednesday May 20, 2020 @08:13PM (#23253539)
Ironically I just took a look at Snap and out of five consecutive advertisements, four were for Tiktok.
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Re:TikTok has recently traded at valuations of $105-110B on ... by nopriorarrests on Wednesday May 20, 2020 @06:57PM (#23252986)
>remember Snapchat? Kids don't

And yet, SNAP stock is up YoY.

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