Sources: a small group of ByteDance's US investors are discussing the possibility of joining forces to buy a majority stake in TikTok
A small group of ByteDance's U.S. investors is discussing with the company's top management the possibility of joining forces to buy a majority stake in TikTok …
The Information
Related Coverage
- Breaking up TikTok's billion-dollar parent company could be the best way to save it Axios · Dan Primack
- TikTok to add 10,000 jobs in the US over the next three years CNET · Alexandra Garrett
- House-approved defense bill would ban TikTok from government devices The Hill · Chris Mills Rodrigo
- TikTok To Add Thousands Of Jobs In The U.S. Over Next Few Years Android Headlines · Sagar Naresh
- TikTok might be sold to US investors to ward off security concerns The Next Web · Abhimanyu Ghoshal
- Will the US ban China's TikTok? Financial Times
- 6 ways TikTok is countering political scrutiny—and a potential ban—in the U.S. Fortune · Naomi Xu Elegant
- US Bans TikTok on All Government-Issued Devices Due to Concerns Around Connection with China Social Media Today · Andrew Hutchinson
- China's aggression is undermining its tech giants' global ambitions Nikkei Asian Review · James Crabtree
- Some US investors of Bytedance, including Sequoia Capital, are reportedly considering buying a majority stake in TikTok South China Morning Post
- TikTok plans to add 10,000 jobs in US as Trump admin considers banning it CNN · Brian Fung
- TikTok could be sold off by Chinese owner to shield it from US ban Telegraph · Laurence Dodds
- Some US investors of Bytedance, including Sequoia Capital, are reportedly considering buying a majority stake in TikTok Business Insider
- House bans Chinese-owned TikTok from federal phones New York Post · Mark Moore
- TikTok To Hire 10,000 In U.S. As Federal Employees Banned From Downloading App Forbes · Alexandra Sternlicht
- Facing threat of U.S. ban, TikTok pledges major hiring in Silicon Valley and elsewhere Silicon Valley Business … · Cromwell Schubarth
- The House Votes to Ban TikTok from Government-Issued Devices, TikTok Threatens to Create Jobs Gizmodo · Whitney Kimball
Discussion
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@jessicalessin
Jessica Lessin
on x
A possible almost last resort option for Bytedance and TikTok is being discussed by a small group of investors. Key scoop from @JuroOsawa and @cityofthetown https://www.theinformation.com/ ...
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@amir
Amir Efrati
on x
“A group of existing ByteDance shareholders, including Sequoia Capital, General Atlantic and New Enterprise Associates, would collectively buy the majority stake [in TikTok], said people familiar with the idea under discussion.” https://thein.fo/...
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@turnernovak
Turner Novak
on x
Much more likely than a ban https://twitter.com/...
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@nongaap
Mike
on x
I'm pretty sure Google, Microsoft, and Amazon would all happily and materially outbid existing shareholders for a majority stake in TikTok. https://twitter.com/...
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@mdudas
Mike Dudas
on x
“A group of existing ByteDance shareholders, possibly including @Sequoia, @GeneralAtlantic, @SoftBank and @nea, would collectively buy the majority stake in @tiktok_us” https://www.theinformation.com/ ...
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@brianmcc
Brian McCullough
on x
This is sort of where I think it would and will go, but the question is the product: would Uncle Sam think everything is immediately kosher just cause of an ownership change. https://www.techmeme.com/...
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@fattailcapital
@fattailcapital
on x
TikTok at a $20-25B valuation when SNAP is at $35B and TWTR is at $25B? https://twitter.com/...
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@gadyepstein
Gady Epstein
on x
TikTok desperate to find a way to assure Washington it won't be under the thumb of Beijing. Will be v tough but some sort of spinoff is a prerequisite https://twitter.com/...
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@benyt
Ben Smith
on x
Just seems like the real end here is forcing ByteDance to sell. https://twitter.com/...
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@profcarroll
@profcarroll
on x
Yep. Told ya. https://twitter.com/... https://twitter.com/...
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@johnkoetsier
John Koetsier
on x
Don't sanction us, we're hiring >> Under fire from Washington, TikTok touts U.S. job growth https://www.axios.com/...
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@dsilverman
Dwight ‘The Masktivist’ Silverman
on x
House votes to ban TikTok on federal devices https://www.politico.com/... via @politico Hmm. I wonder how many federal employees have TikTok on their govt-issued phones, anyway. This may not affect a lot of people.
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@axios
@axios
on x
Exclusive: TikTok says it plans to add thousands of jobs in the U.S. over the next few years — ripping a familiar page from the “companies under fire” playbook. https://www.axios.com/...
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@profcarroll
@profcarroll
on x
Despite ByteDance's laughable assurance that it would never give data to Beijing even if asked, the House voted to ban TikTok on federal devices. I stand by my original hottake that TikTok has to be spun off from ByteDance to overcome this PR nightmare. https://www.politico.com/.…