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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 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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