TikTok's $300 Billion IPO Crisis...What Happened?
Автор: Logically Answered
Загружено: 2025-08-29
Просмотров: 54956
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ByteDance, the $300 billion company behind TikTok, is stuck in a mess of its own making. They can’t IPO, can’t sell TikTok, and are trapped between U.S. regulators and Beijing’s iron grip. It wasn’t always like this. From meme apps like Neihan Duanzi to news giant TouTiao to TikTok itself, ByteDance grew on the back of one thing: its freakishly good recommendation algorithm. But that algorithm is now at the center of a global tug-of-war. The U.S. says TikTok has to be sold. China says the algorithm can’t leave. And Beijing even holds a “golden share” in the company with veto power over major decisions. Meanwhile, ByteDance makes most of its money in China, keeps growing like crazy, and has found a strange workaround: skipping the IPO entirely by buying back its own shares at sky-high valuations. It’s basically a DIY IPO, one that keeps investors happy while ByteDance stays private, powerful, and impossible to ignore.
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Timestamps:
0:00 - TikTok’s $300 Billion IPO
0:30 - Unwanted Attention
5:04 - Rock And A Hard Place
9:12 - DIY IPO
Resources:
https://pastebin.com/Rg1JyZXH
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