ByteDance

“I think that TikTok, unless they basically have ByteDance sell under 20 or 30% of the company and get it into the hands of Americans it will get banned.”

“It's bite dance paying political protection money to Larry Ellison to be their bodyguard in this political process. But, and I, but that's why I don't think it's going to fly.”

“This is the same week where they basically, they've, they forced, you know, Zhang Yiming to resign from ByteDance. I mean, you know, last, last week it was, or last month it was the CEO of Pinduoduo.”

“No, but I do think that TikTok needs to get carved out of ByteDance and it needs to have a completely American cap table, but that shouldn't be a government edict. That should be something that the ByteDance investors and board are scrambling to do right now b…”

“You know, we know now that any data that by dance has belongs to the Chinese government. This isn't just a tick tock issue. It's any company, any US company that's doing business in China.”

“ByteDance should be a half a trillion dollar company. It probably is a couple hundred billion dollar company now, which means that it probably lost half of its market value.”

“According to the New York Times, ByteDance, the Chinese parent company of TikTok, said on Thursday that an internal investigation found that employees had inappropriately obtained the data of US TikTok users, including that of two reporters.”

“ByteDance's revenue is about a hundred and twenty billion dollars. It's been reported their profits are about twenty five billion dollars.”

“I think they're probably gonna have to spin this thing out. And if they hold any equity, if the Chinese parent company holds any equity interest, it'll probably be non-voting shares. And there'll be a mandate that the majority of the shares and some degree of …”

“ByteDance bought a billion dollars worth of Nvidia chips announced this week, right?”

“I'm gonna say this year that I think TikTok goes public, and they'll be under pressure from different political factions to get the CCP off the board. So I'm going to go with by dance taking, going public or tick tock spinning out and going public.”

“So I don't think they're going to be able to divest. I think they're just going to get shut down.”

“We never attributed much value to the, you know, the TikTok US asset in the sense of our analysis was always based on the value of the Chinese business, specifically because it's just hard to know what the, you know, the TikTok asset X China would be worth, ri…”

“If you look inside of the UK, there's a bunch of aerospace and defense companies, including Rolls-Royce, that have a very tight coupling with the UK government. They have a golden vote. If you look in China, companies like ByteDance and CATL have a very tight …”

“The parent company of TikTok, ByteDance, they're doing e-commerce. They're not known as an e-commerce company, but they are one of our fiercest competitors.”