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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 georgespencer on Wednesday May 20, 2020 @06:49PM (#23252916)
ByteDance did $20bn of revenue in 2019. The comments in this thread are… wow. Lots of opinions from my favourite HN cameo character, "Person With Vitally Important Opinions About Complex Topic But No Time To Read Beyond The Headline."
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Re:TikTok has recently traded at valuations of $105-110B on ... by tedk-42 on Wednesday May 20, 2020 @08:10PM (#23253523)
Nice! My usual trick for estimating a companies value is to multiply it's revenue by 10.

I highly doubt it's operating hosts are eating into the revenue that much so I'd say they're highly undervalued.

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Re:TikTok has recently traded at valuations of $105-110B on ... by chvid on Wednesday May 20, 2020 @07:42PM (#23253345)
Given that Facebook has a market cap of 650 B the valuation sounds reasonable ... maybe even cheap.
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Re:TikTok has recently traded at valuations of $105-110B on ... by thedudeabides5 on Wednesday May 20, 2020 @06:52PM (#23252940)
True, but I'm sure that Bloomberg's paywall isn't helping on that front.
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Re:TikTok has recently traded at valuations of $105-110B on ... by artsyca on Wednesday May 20, 2020 @06:55PM (#23252969)
The paywall issue is listed in the FAQ - as long as there's a workaround it's acceptable
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