ByteDance

“It would be surprising to me if we don't see Meta AI, and Microsoft, and ByteDance, and Perplexity, and all the others who are providing answer engines, ChatGPT, coming at them below margin, ok?”

“So I think there's a real chance that when we're looking at this, 12 to 18 months from now, that it's an absolute no go, that they can't find a middle ground and that the app is shut down.”

“You can't sell easily a billion or a two billion dollar position in ByteDance or sell a multi-billion dollar position. So all of the endowments, foundations, you know, pension funds, they're in a different position than they've been in the past.”

“You know, think of, you know, the SpaceX's, the ByteDance, the Databricks, the Stripes of the world, all the companies people are waiting to see when they're going to come public. They all fit that profile. They don't need the public markets to provide the liq…”

“Well, and they've had a 180 days to do it. So the odds that they actually want to do it, I think are low because they could have done it already.”

“Their AI, you know, their chat GPT equivalent is number one in China, right?”

“About 90% of ByteDance's business is not TikTok US. 90% of the value of the company is things like Doyan, which is the Chinese version of TikTok, and Daobao, which is the Chinese version of ChatGPT, and TikTok around the world, and so there's a huge and profit…”

“Remember, the shareholders in ByteDance, 60% of those are U.S. Investors like Altimeter.”

“We're a big investors in Andrew. You know, we're big investors in ByteDance.”

“Are we better off selling to those countries, those companies, keeping companies like ByteDance and Tencent, et cetera, in the CUDA ecosystem, rather than allowing all of that data, all of those profits to flow right into the Huawei ecosystem and benefit the C…”

“If someone said, Whose app is closest to open AIs in China? It's already an app from ByteDance that's out there.”