Sources: shares of ByteDance are trading at a $250B+ valuation in the secondary market; CB Insights said ByteDance's valuation was $140B in last fundraising
- Startup's valuation was $140 billion in last fundraising — Shares of ByteDance Ltd., the Chinese parent of hit video app TikTok …
To put into perspective, that valuation would make ByteDance worth more than Twitter, Snapchat, Spotify, and Baidu COMBINED (~$245 billion). https://twitter.com/...
Kind of crazy that Bytedance is trading at 6.8x revenue after doing $37 billion in 2020 revenue, up over 100% YoY. If anyone wants to sell me shares at this price, please DM. https://www.bloomberg.com/...