ByteDance investor Mitchell Green: We would not sell even if TikTok was banned
ฝัง
- เผยแพร่เมื่อ 2 พ.ค. 2024
- Mitchell Green, Lead Edge Capital founding partner, joins 'Squawk Box' to discuss the TikTok bill in Congress, what it means for a ByteDance investor like Green, how likely a ban will take effect, and more.
Everytime a Chinese product beats a US product in technology or in sales volume, the US would say it's a national security concern or a threat to the US. Lol
Then tell your Chinese friends not to beat the US in product sales. I hope that helps.
Just like China blocked our US products? We need to use reciprocity and ban the same businesses that China blocks, Facebook, Google, NY Times, all and more ,are banned in China.
@@ritaawudey4451
Toilet paper also manufactured in China.
They are spying up urrr arrs. Collecting info on who and how many you are frrr king.
LOL LOL.
@@ritaawudey4451 Means being docile to US like Japan in the 80's ? That caused its economic downturn today?
@@ritaawudey4451lol
Thank you, ByteDance don’t be forced to sell to any entity. Let the United States ban it. Followers can still access the app using a VPN.
Haha so much freedom of speech in the USA.
I agree. It will either get sold or banned. TikTok falling down is inevitable.
Tiktok will open its own VPN service just for Americans
@@retirementplannerlike Huawei did?
Epic games is owned by a Chinese company. With computer access
Trying to force sale a trillion dollar company for few hundred billion, even the US investors disagreed.
For only 80 billions
They should disagree because this is a 'force' selling unlike conventional buy over.
Without Chinese companies, Korean companies would be deemed as a threat to US too like Japan in the 80's, luckily for Korea, China surpassed them in a short time and the US needed their support to contain China.
It's not a trillion-dollar company. Not sure where you're getting your information.
The pirate of the 21st C.
Well, in the name of national security, microsoft, apple, oracle, general motor, ford, Adobe. walmart etc should sell their Chinese businesses to Chinese, 1 dollar / firm
And Boeing for 10 cents?😂
Starbucks too
1 yuan
Why are you defending bike dance why are you defending China has been screwing us for years. Suddenly it comes to social media and everybody's got an opinion on why the US is bad. You really need to grow up and grow a set. Whose side are you on? The us? Or you're on personal interest in a social media company that quite honestly could disappear tomorrow and it wouldn't make a difference.
@@freeskier64 nobody wants Boeing anymore 😂😂😂
Let me put it this way.... Bytedance's tiktok/douyin revenue globally in 2023 is 120 billion dollars and about 16 billion dollars come from the US market... That means the US market only accounts for 13% of the entire revenue of tiktok.... why would Bytedance / China sell off tiktok if most of their money comes outside of America????? huh?????
Thats what Mitchell said too. Apple etc might face the same fate ... Politicians would not care. They only care to get voted for the next 4 years hahahahaha after that they would get a handsome retirement package
But the problem is that the western countries will likely follow suit if the US ban it
@@user-bw6cd2bt1t . When the choice is Boe Jiden or Tonald Drump as leader to lead US, it is no wonder why they are resorting to inciting conflicts, and promoting fear and hatred. That should tell you all you need to know, i.e. its over! 😥😥
does it sound like tyranny if someone can force u to sell ur asset through law arrangement while u are not doing anything wrong?
Its actually very democratic. Stop operation on USA or sell it and continue operation, its better than China just banning any American apps without giving other alternative options.
@@ameserich 1) China doesnt ban any american apps except governmental area
this is in reply what US bans the chinese apps in governmental area
2) also u are brainwashed, China doesnt ban any american apps in public
just a simple question: can chinese do business in US if we (china) refuses to comply US law??????
the fact is the american refused to comply chinese law when these apps and FB/that-tube want to do business in China
@@ameserich 1) China doesnt ban any american apps except governmental area
this is in reply what US bans the chinese apps in governmental area
2) also u are brainwashed, China doesnt ban any american apps in public
just a simple question: can chinese do business in US if we (china) refuses to comply US law??????
the fact is the american refused to comply chinese law when these apps and FaulBook or that-tube want to do business in China
@@ameserich 1) Shina doesnt ban any american apps except governmental area
this is in reply what U-ASS bans the Shinese apps in governmental area
2) also u are brainwashed, Shina doesnt ban any american apps in public
just a simple question: can Shinese do business in U-ASS if we (Shina) refuses to comply U-ASS law??????
the fact is the american refused to comply Shinese law when these apps and FaulBook or that tube want to do business in Shina
@@ameserich 1) Shina doesnt ban any american apps except governmental area
this is in reply what U-ASS bans the Shinese apps in governmental area
Daylight robbery
KFC has 10000 outlet stores in China. China can ask KFC to sell it's secret recipe and divest to Chinese firms or it will be ban. So both can play the same games.😅😂❤
Already bought by Chinese investors if I were not wrong
@@kahhoeng88 What they bought is the KFC franchise. Not the Secret recipe.🤑
If they buy the franchises, they just get the supplies, they don't get the keys to the kingdom. That's how it would work if they made KFC divest in china. Second, I think it's funny that you guys are so thinking that they would force all of our businesses out of China if we band tiktok. But this has been going on for years. So why is tiktok so important to China ? It's not like they allow Facebook or Google to operate in their country. Yet we allow tick tock. So why is it so important to China to keep this? And when bite Dan says that China doesn't have any control, why is Big brother China standing up for the company called bite dance when it comes to having to pull out of the us? I've never seen China sew up in arms when it comes to losing a marketplace inside of our country. That's because they're using it to do exactly what our national security is telling you.
@@desmondho9567frankly it would be better for KFC to use whatever recipe they’re using in China in their US stores. The KFC in China is head and shoulder better than KFC in US.
@@xsu-is7vq
And any Chinese recipe is superior to the KFC "secret recipe". I bought KFC in the US because I had coupons, only twice - very bland.
US government is being a sore loser
Don't give in to robbers
Fear is the only reason the U.S. wanted to contain China. When tariffs failed, technology sanctions followed. When both tariffs and sanctions failed, de-coupling became the buzzword. And when de-coupling was found to hurt the U.S. economy more than China's, it was changed to de-risking which in effect means a "slow de-coupling" until a more appropriate time.
Twenty years ago, American muscle cars and reliable Japanese cars plus reputable German, French and Swedish cars and even newbies from South Korea were selling like hot cakes in the Chinese market and each and every maker made a fortune in China. Nowadays, however, the U.S. has no hope of selling anything to China -- not only industrial products but also agricultural produce which are easily replaced by many other countries around the globe.
Now, America wants to ban Chinese EV's on the ground of the, again, "national security" scapegoat when in fact they fear for the future of all American automakers. Fear has also invaded European minds and the Europeans want to adopt the American low-life tactics. Sooner or later, the world will be divided into 2 camps: one that embraces worldwide integration and the other a closed economy that fears competition. The acceleration of the de-dollarization movement will speed up the divide even further, to the point that it may break the world monetary system in half.
With the embargoes of high-tech equipment and the bans of all things Chinese from the U.S. market, it is clear the U.S. has lost all confidence in competing with China's technological advancements. And when the U.S. can only rely on the sole excuse of "national security" risk to try to restrict the rise of all Chinese marvels the likes of social media app, electric vehicles, new energy vehicles, battery technology and battery management software, advanced chip manufacturing, quantum computing, space exploration and AI robotics, etc., it is plain the U.S. has surrendered to China. The decline of the empire will accelerate along with the unstoppable de-dollarization effort mandated by an expanding BRICS. The destruction of the international supply chain by the U.S. forced China and many other countries to develop their own industrial base and the U.S. only has itself to blame for its own demise.
Perhaps the coming "collapse of China" can somehow soothe the overwhelming anxiety of the West?
At one time, China closed & isolated itself from the world.
Today it is open & the world happily embraced them.
Will the USA & West close & isolate themselves from China & the world tomorrow ? Looking like it's the path they are tracking towards ...
The Western world comprises only 12 % of planet earth. Would the rest of the world miss the 12 % or live happily & harmoniously ever after ?✌️
All this just for 10 cents
@@NullSeries
Oh! I thought I can get 50 cents. You're so stingy, man. Be more generous!
The difference between a confident nation open to cooperation with the outside world vs a crumbling empire gripped with paranoia struggling to maintain its fleeting hegemony
Well said !
Anything anti China is so easy to sell in current USA.
For good reason. Look at the shady practices from ByteDance.
as well as it should be, the rhetoric and actions they use show that they see us as their enemy; if it quacks like a duck believe it.
It’s not about anti-China. It’s anti communist propaganda. The mind trick communist party has made on its people is daunting. The US government cannot risk its own people to endure the same.
crazy how they keep scapegoating china instead of the elephant in the room, starts with the pariah that starts with is and ends rael. these hasbara networks (yahoo, cnbc, abc, etc...) working their ops.
@@EbuzzNYC rhetoric and actions such as?
Hypocrisy & Greed of US at its highest. Sooner or later it's gonna bite back.
US: what is yours, it is mine.
This is highway robbery.
Honestly folks if TikTok gets banned in the US just use a VPN to get access to it.
How many Americans going to use VPN? The apps will also be deleted from all app stores. 😂😂😂
@@ritaawudey4451 how dare u be so bold as to question the intelligence of our great American people?
not only banning BD itself
the congress is trying to pass the law banning american public to use / invest BD through VPN globally,
and u will be charged and in jail if caught
@@ritaawudey4451right. American politicians will now determine what Americans can or cannot use and access. It can happen to tiktok then it can happen to any other products eventually. Good luck with freedom and rights!
@@ritaawudey4451not all App stores, only the United snakes App stores.
lesson for foreign investors - be careful, if you challenge the u.s. companies, they will change the rules against you
They do the same thing even to their allies. Remember Alstom (french power and transportation company) which was forced by the US govt to sell the bulk of their assets to GE.
And Toshiba
The French loves to think they are superior to the US but they are just another puppet and subservient. Did the govt fight back on Alstom? What a pity. same as the Japanese, got bombed by in WWII and today it’s becoming a puppet mouth piece
If i have a Chinese wife and my neighbors see her, they will be like “national security threat”.
You must divest your wife and sell her to your neighbor.
Doesn't have to be Chinese wife, east Asian looking wife like Japanese & South Korean would feel the heat too. It's not like they can differentiate them by looks.
Just a Chinese chopsticks will be tagged national security threat. I forgot balloons.
They can't tell the differences between which Asians are you. You're all Chinese to them.
And ask you to sell her or she will get banned. 😂😂😂😂
Why is she keep on interrupting him?
To keep it moving and avoid dead air
That's standard stuff to shut some one up when the answer is not what she wants to hear.
But when the answer is what she wants to hear, he can talk as long as he wants.
Women!
she works for the american regime and foundations funded by israel
karen character
the same intelligence briefings and people that found the WMD in IRAQ amirite?
You don't have to go back that far. How about hundreds of bins of top secret files stored in some ex president's basement?
A ban on tiktok i think is unlikely to happen because the allegations against them cannot be proven in a court of law
It is still a perfect world?
lol laws still work? wat?
Count of laws? Are you joking? If this country was a law-abiding country, this wouldn't happen m
China will just ban Apple and Microsoft. Let's see who blinks first. Pathetic
They don't need to prove anything in a quart. This is happening in the legislative branch. Where do people like you come up with your information? Tick tock? Because the Congress doesn't have to prove allegations to pass a bill and the president to sign into law. While that law must pass our legal challenges, they don't have to take anything to court. And if it comes down to the law not working with their needs, they will change the law. Anybody that's ever graduated the 12th grade, actually knows this.
Will US allow Google sell to China?
Is Google working in China??
Google is blocked in China, they have minor operations there.
@@EbuzzNYC the big difference here is Google refuses to adhere to chinese laws to operate in china while tiktok follows american laws and is targeted because it's a chinese company. lol btw, american companies that follow chinese laws can and are operating in china right now, i.e. microsoft bing, etc...
@@EbuzzNYCgoogle is not blocked. Google chose not to operate in China as it did not agree with the data privacy laws. Tiktok on the other hand complies with US data laws and yet it is getting banned.
Make a law that no self-respecting company and a law that will go against its own principles is not a "law" but an excuse to not allow it. @@jace1113
Lets put it this way, the US advocates for free trade (whether they walk their talk or not is another matter). If tiktok stand firm and forced to shut down, it publicly admit to their protectionism in trade. The whole world will have a reason to move away from the USD system and build a multipolar world undermining the influence of USD which is one of the pillar of strength that support the US hegemony for decades. Strategically spending billions on the Chinese side to erode the US hegemony bit by bit worth the money. Lets not forget companies that earn big revenue in China in which they can retaliate, Tesla, Apple, Dell, HP, Cadillac, Buick and most importantly BOEING with legitimate safety concern.
No only US trade
Why did Winnie the Pooh got banned?
@@superjnovaannularaurora9065Got banned in your brainwashed mind?
TikTok in the US is as much security risk as IPhones or Tesla cars in China. It is unlikely that Bytedance would sell TikTok. US government can shut down the company within its borders. It can relocate its servers to another country and US users would continue to be able to use the app. It’s such a popular platform with an enormous number of loyal users that they would use it even if it means going through a VPN. US government would be better off allowing TikTok to operate in the US so that regulators can monitor and restrict its collection of user data.
I tend to disagree. TikTok has network effect in the minds of its users. Phones and cars are ultimately just utilities. TikTok is the US is as much security risk as Facebook in China, which was obviously banned since day one in China.
@@grantliu The contentious point is not what's posted on TikTok, but the fear that TikTok would collect user data and give to the Chinese government. Many of the contents on TikTok are shared on TH-cam, Instagram and Facebook. Apps on Iphone and Teslas currently also collect and in fact sell this data to commercial entities. There's nothing to prevent the US (or foreign) government from buying or accessing this data.
if US kick out tic tok US ill lost a lot of tax, do they know bytedance make movies
and host other stuff...
@@gj8550 the funny thing is why would the Chinese government even be interested in Tiktok data.
@@grantliuFacebook was not ban in China, she refuse to comply with China’s laws of chinese data not interacting with the outside world. They were arrogant. All apps in China comply with that law that is why chinese apps have an international version and a chinese version.
Interligence briefings will talk about how Hollywood influence is weakened by tiktok.
No proof, not the slightest, of “national security” concern!
I'd be more curious about who in Congress would stand to benefit financially from this policy.
After a TT ban, Meta would certainly see a boost in value, and there are several members of Congress who own Meta stock.
FYI
Blackrock, General Alantic and Susquehanna International Group, all American companies, combined own nearly 60% of Bytedance.
They're not selling neither
Wow, I’m loving these commentaries written by everyone. I want to see these on all the CNN, Reuters, mainstream media channels! This is real free speech not the mainstream censored ones
For both sides of congress to pass a bill so fast while they can't even agree on anything a lot more serious, there's some serious money to be made by the politicians and their backers , like Menuchin 😮
The right thing to do is coming up a new law on social media and apply to all platforms like TikTok, Meta, Instagram, etc. Trying every means to hurt your main competitor in a race does not means you will eventually win that race!
Bytedance should sell its shares to the US gov't for 33 Trillion dollars.
Strategically it makes sense for TikTok to not sell and force the ban to happen. If you think about it, TikTok is not only popular in the U.S, its popular around the world. If TikTok sells to U.S they will lose the rest of the world, if they just hold their ground and make U.S ban them. They will only lose part of the U.S market (other techies can still find work arounds). If you account for the bad PR the U.S got all around the world, its clear this is not the best move. I think the problem is the people behind the ban didn't really have a good strategic thinker on their side. This is what happens when you only focus your talent selection to people "you like". This is very simple second order move, total strategic miscalculation. The smarter move should have been hiring and poaching the talent from TikTok and compete with a better product. All this crap about being a Chinese company is border line racist and ineffective. Which, coupled with western media's long standing tradition of humiliating Asian men, this will only turn Asian allies against the U.S on the most base human level. I think the memo every Asian men from the media is pretty clear. If you net everything this is was a bad move, they should have hired a good strategist.
United states has the biggest market and biggest advertisers. You can say China and India has more people but one American has a greater net worth than 10 Chinese/Indian people
Losing a big part of its valuation if it loses the United States any investor knows that
@@briantep458 True. But being force into a sell set a bad example for Chinese firms and encourages other western countries to push for a force sell of TikTok and other Chinese companies businesses.
The best option is for TikTok to accept the ban and walk away and focus on markets in the global south.
Yes, today, the US has a greater market power. But in 10-20 years, Asia will have higher market power than US and Europe combined.
@@frankiedehockie the right thing to do is to ban the app in the states and keep it operating as a Chinese company. What the US govt is trying to do is a bit sleezy in my opinion. They can complain about the algorithm all they want, but the truth is that our youth is consumed by degeneracy/hip hop culture. That is no one's fault but America's own.
@@briantep458Nope. It’s a social media app that is free to download 😂. Advertisers use it based on regions.
Nobody will sell, Tik Tok will expand to a super big corporation in the future
As if Byte-dance want the US dollar!
It is win-win for ByteDance shareholders. The entire BD has operating profit of $28bn in 2023 but recent market value was $230bn, so 8x OP, while the US ops is barely breakeven. If TT got sold for $50bn it is free money cos OP remain the same. If TT got banned it cleared an IPO hurdle BD value could jump 50% in an IPO.
Your calculation is wrong because if you sell it would be entire TikTok not just the US part. Very difficult to break down into just US part and international and US market accounts about 15% revenue currently so it’s much profitable if they don’t sell.
if America wants respect from the world, what u need is better regulations not wild accusations.
ByteDance has been caught with their pants down numerous times. They shouldn't be allowed to have apps in the US.
After proposed TiTok bill, Mike Gallagher will retire from congress in April, no doubt landed some high pay job by his master.
Would you imagine the Chinese ban all the U S companies in their territories, like Wal Mart, Costco, McDonnald, Starbux, Nike, Intel, Microsoft, Apple, Tesla and many other U S companies ?
National security threat... same thing
So what. Why don’t they doing so? They have the right to do son in their country.
@@superjnovaannularaurora9065 Why are you crying so much here with your fake/screwed English?
national secutity issue , so you must sell the company to us 🤣🤣🤣 ..... it's clearly an easier way to make money than war
I'm baffled that this host is so naive as to think that "the Chinese will say they'd rather shut it down and burn it down than allow American politics to tell them that ......"
What I can say is that if the US goes ahead with the bill, Bytedance will shut down 100% of its US operations, which as this investor said is a small part of Bytedance's business.
And if it's such a small part of their business, then why are they so worried about losing the US market? Ask yourself that
@@r1rider933 Culturally speaking, the US sets the cultural trends for the rest of their world due to how important the country is as a whole.
Senate intelligence also affirmed Iraq had WMDs too.
Lol she’s delusional 😂 as a non westerner 90% of the world lives outside it people are literally rolling on the ground laughing y’all are so funny read a history book especially like the last 100 years and ask the global south who they think is a “national security risk” 😂
China will follow the way to get the apple/Microsoft/oracle
It's a win for the US government. Do you think they care? Why are they suing Apple? India has banned TikTok so what's new here?
@@ritaawudey4451 India ban everything related to China, no one cares
@@ritaawudey4451 India is a puppt for the USA, and what other social media platforms are indians left using ? US ones Facebook, Twitter, Snapchat and Instagram. The US is jealous that TikTok is the biggest social media platoform and its not owned by an America. they cant control what people see , also alot of people are waking up to what Israel has been doing all these years.
@@ritaawudey4451more countries will follow once the us banned it. It’s the way it is since day 1. This is why being superpower is beneficial.
@@ritaawudey4451India can ban tiktok without a great loss because they don't have big companies operating in China to be targeted on.
Im buying stock of VPN companies
Every time I walk into a Panda Express I know it’s a security threat to me BLOWING UP the bathroom later that night but let’s not talk about that. LOL
I won't sell either
Tiktok akan seperti Huawei !!!
Amerika ecundang !! 😂😂
Who uses FB these days?
As they said in the social network (paraphrasing):
If you wanted TikTok you should've invented TikTok.
Right just like Tik tok saying its not a national security threat right until it got caught tracking journalists
I stand with T i k T o k and peace!🕊
Holding hostage is our best business Strategy. It already works.
Freedom of enterprise if you obey my rules.
Than why not ban all these products that are made in china?
Because your toaster isn't selling your personal data to the CCP.
What good is the US dollar if they cant buy anything from China who is the largest menufacture in the world. Thats the best way to self destroy the dollar. Money doesnt mean anything if you cant purchase goods.
Because China made everything the United States needed, including the American debt, China saved the United States, and the United States only wanted to let 1.4 billion people die in China.
They cannot survive without made in China😂😂😂😂
Exactly. If it truly were a national security issue related to China, they wouldn't be tackling it on one matter, but a million different ones. However, a lot of Fortune 500 companies do business in China and if Congress gets on their bad side, they lose out on a lot $$$ from the lobbyists.
So be it. 🤷♂️
Even if it is banned in the United States, most countries in the world are still using it, so it’s not a big deal for TikTok.
The interviewee is afraid to say what he thinks. That's all you need to know about what is going on in US. 😂😂
My Windows 11 is transmitting data even when it's hibernating, what can u possibly explain?
Well that is always the case and part of the agreement to use the software. Your Operating system would send data to their parent company as for future improvement. That is the polite wording of being spied on
If i were him i’d say sure, we’ll sell. The asking price? $10 trillion dollars. Take it or leave it.
Oh No! I Chinese company is eating our lunch again! What a bunch of 🤡🤡🪓🪓🎈🎈🎈🎈🎈🎈🎈🎈🕵♀🕵♀🎈🎈🎈🎈🎈🎈🎈🎈
It's so transparent
ha ... sell it for 300B gold bars ... see if America can come out with it ?
A thief, if being caught, of course will not confess that he or she is a thief XD
How do you buy bytedance? Hasn't IPO'ed yet
They are angel investors and provide initial seed money for bytedance
This dude is weird lol
This guy looks so shady
Yeah , that’s an understatement
Epstein Island attendee.
Definitely a man who cannot be compromised by any means 😅
😂 та с чего вдруг? 😂
Thats what whyte men normally look like anyway but they get portray good way all time.
Banning TikTok in US is a huge loss for many Americans, not only because many of them may, as a result, lost their jobs, money, but also they will lose a channel to let them know the real world, they will go back to a society whose media is tightly controlled by the government or interesting groups.
USA might actually be North Korea in democracy disguise.
They have to get real jobs then
Lol😂😂😂😂😂. TikTok = real media. There is no such thing as real media.
Ban Tik Tok now!
At one point apparently Iraq had WMD…we all know how honest the US government is…
US government lie steal and cheat
Good. Let US come up with their own version of TiokTok.....not robbing other's.
Why tik tok is in this situation
😂 ну вай - один баран удалил тт и другие баран тоже удалили 🤷🏻😂
Ask Israel 😂
Jealousy
Because they exposed the massacre of Palestinians by an evil country.
Now i want tik tok more than EVER and they dont sensor what you say like Instagram
What is tiktok ban????
s/great investment advice
60% of the company (ByteDance) is western, 20% the 2 owners, 20% the employee's.
The Company itself is somewhere in the Carribean, HQ in beijing. The company itself is infact not even chinese if you look at it.
TikTok US is "controlled" and "audit" by Oracle and located in Oracle's datacentre
tiktok is ccp's product
That's not how that works. You realize a Chinese government official is on the board right?
Just because its hosted on oracle doesn't mean they don't have access to every bit of that info.
The app itself has had known back doors and access beyond what's listed in the TOS. Information security experts have known this for years. The US government is finally taking them seriously.
@jamesg.6906 let s put it this way, if a US official is on board of Microsoft, does it mean he has absolute access to all data stored in Microsoft even if the server is located in China? To insist chinese government has access to everything is not that different from saying Pentagon has access to everything stored on Facebook, apple, Microsoft etc.
@jackjhmc820 if they are on the board in an official capacity, YES that's cause for concern! 😂
The US has to abide by our privacy laws. China doesn't. Americans have legal protection against the stuff you mentioned. ByteDance is bound to the Chinese government on a fundamental level. Meaning they will comply when the CCP asks for your info.
Just say you have 0 experience with compliance regulations and move on. Because some of us understand the implications of what this means for data privacy.
Having ByteDance sell even a portion of their business to an American owned company means they will have to comply with our laws.
They are willing to sacrifice the US market because their main souce of income is the sale of user data. If they had to comply with privacy laws, most of that income would be gone.
But congress isn't making money from it
China is bad, but we are going to China to beg for more money. Yellen is there right now. 😂😂
What I don't understand is why can't the US regulate Chinese tech companies the same way China does with US tech companies in China, such as Apple? Is the US that incompetent?
They don't want to regulate they just want to steal
China -Usa asides, TikTok or Facebook, the karen's eyes are melting when talking to a billionaire investor 😊
At this point give the app back to the one who created the app
Her prep of gotcha replies is pretty annoying. If you want to interview your guest, do that.
"Мітчелл Грін: Ми не продамо навіть якщо TikTok буде заборонений" - це важливо зрозуміти, що інвестори вірять у цей продукт і готові йти на ризик.
Let's see the evidence let the people decide
One thing people forgot is Bytedance has big presence in China as well as in other parts of the world. Fb/Meta has zero presence in China. If Meat is valued at 1.x trillions, Bytedance should be valued more.
Meta and other U.S companies have no presence in China because they do not abide by Chinese law regarding data use.
China does not allow any company to pass on user data.
Google were fined 1.2 billion dollars by the E.U for passing on user data to U.S entities.
80 trillion
Yeah losing a huge chunck of business is apparently not enough. I wish people could be charged with lying on a news network
It is unprofitable side and US doesn't make up the world. US is a tiny part of the world.
@@ABanRocksYeah tiny part of the world but huge buying power and everyone knows it. Losing the US is the equivalent of Apple losing the entire Chinese market
@@Wongseifu548 Bytedance is behemoth in China, tiktok is a very small share of their revenues. It can hurt your pride as an american but that's the reality...
@@Charles-qe7kcTrue but if thats really the case why battle in the US anyway. You really need to worker harder for your 50 cents especially since your fake user name is pretty obvious
@Wongseifu548 sometime is about principles not money you will not bully another country into selling
Thou shall not covet thy neighbour's tiktok😂.
US broke the commandments
Ban it!
are u sure? that's just the threat. The real intention is to get it at a very attractive price.
Sure bandit!
He know the play & he playin back & his mental state is concrete enough penetration is impossible
Green. Are you surprised?
Greed shows up, US buyer at 10% of valuation 😂. True, Tik Tat outcome.
And Facebook is for old people
I can predict years from now when everyone forgets about the app and the ban also moved on people will start making videos about this and say remember TikTok and the ban where everyone got upset about it and stuff
in US alone 600,000 people making a living of tik toc ban you basically destroy their livelihood
He should start the Tiktok United Front (all 170 million American tiktok users) to demand that their Tiktok not be banned or 170 million votes will not go to the Dems.
you fear China or US? the great guy? funny dude
If Uncle Sam wants lose lose, so be it let US market burn down.
Feels sorry baned cs humanity gasa
Glad not for sale . To hypocrite gov
Then it will be banned. xD
Yada yada yada. He’s a chump.
………
A ban on tik Tok would devastate this country And put millions of Americans out of work. A ban on tik Tok won't happen this is just a political thing.
millions out of work? 😂 foh
ok guess you can go ahead and tell your china overload to shut down tiktok then.
This is just a puppet show.