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A comment on ByteDance investors value TikTok at $50B in takeover bid. Parent comment

Re:ByteDance investors value TikTok at $50B in takeover bid by marcodave on Thursday July 30, 2020 @09:22AM (#23997789)
> And yet the company was sold at 1 Billion USD, which seemed like short change.

That was 2009 though, was 1B USD small compared to the average corporate acquisitions at the time?

Instagram was also sold for 1B if I recall correctly.

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Re:ByteDance investors value TikTok at $50B in takeover bid by pankajdoharey on Friday July 31, 2020 @09:06AM (#24008205)
Exactly my point Instagram is not technology, it is a platform for user content. Sun was a technology company with some real deep tech.
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