| ▲ | baxtr 7 hours ago | |||||||||||||||||||||||||||||||
> MGX, chaired by Sheikh Tahnoon bin Zayed Al Nahyan, will take 15% stake, with social media firm valued at $14bn So they value the most attention owing social media at a mere $14b? As reference: Meta has a total market cap of around $1.8 T. | ||||||||||||||||||||||||||||||||
| ▲ | xenobeb 6 hours ago | parent | next [-] | |||||||||||||||||||||||||||||||
It is so outrageous to value Tiktok USA at $14 billion. Forget Meta's market cap, does anyone think Zuckerberg wouldn't have paid 20 billion for Tiktok USA ? Just so corrupt and to even call it a sweetheart deal is outrageous. I thought it should just be banned in the US. The idea we are basically strong arming a whole nation and stealing a company at a bullshit valuation is completely insane. | ||||||||||||||||||||||||||||||||
| ▲ | paxys 6 hours ago | parent | prev | next [-] | |||||||||||||||||||||||||||||||
"Sell to our preferred investors for pennies on the dollar or lose access to the most lucrative market in the world". It's not like TikTok had a choice. | ||||||||||||||||||||||||||||||||
| ▲ | jasonlotito 7 hours ago | parent | prev [-] | |||||||||||||||||||||||||||||||
For what it's worth, this is just TikTok US, not TikTok as a whole. Make of that what you will. | ||||||||||||||||||||||||||||||||
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