Wall Street was amazed at the appreciation of Vice Vice President JD Vance to evaluate Tiktok, and has placed much less than what other social media companies deserve.
President Donald Trump The executive order signed On Thursday, cleans the way for a deal to put Tiktok in the hands of the United States after being withdrawn by Chinese parents. This avoids a complete closure of the application in the United States, which was required by law unless Tiktok is raising its headquarters, which is based in China.
Speaking when the president signed the executive order in the Oval Office, Vans linked its Tiktok value to $ 14 billion – Snapchat Sudden parents. While acknowledged that the Tiktok buyer will determine the value of the application at the end, his number was still horrific for some.
“This is crazy. I mean, the number must be wrong. This is meaningless,” Brent Thil, the great technology analyst in Jeffrez, Tell CNBC on Thursday.
Ashwin Benwani, founder of the capital Alfa Benwani, Bloomberg said Vans Evaluation of $ 14 billion is a third of the actual value of Tiktok.
“Through every main financial comparison and a comparison between the peers, this price appears to be largely unbalanced with reality,” he said.
Earlier this year, Avebush analyst Dan Evez developed the value of Tijook In “North of 100 billion dollars” with the algorithm, up to 200 billion dollars in the “best scenario”. Without algorithm, put it at $ 40 billion-50 billion dollars.
Vans said the algorithm would be “under the control of American investors,” adding that more details will be imminent. Reports earlier this week He said Oracle You will re -create Tiktok algorithm and introduce a new American version with safety guarantee for user data.
Thill noted that the giant Meta on social media is worth about $ 2 trillion. Instagram There are 3 billion monthly monthly monthly users, and Snapchat contains more than 900 million. Meanwhile, Tiktok has about 1.2 billion users worldwide, with 170 million users in the United States alone.
Thil said: “So the only way you can read is, are they the ones who get a good deal, and they will celebrate it and this will be a huge surprise? But it is not logical what I can see.”
The American ownership structure is still being completed, but Trump said Oracle Its founder, Larry Ellison, plays a “great” role in managing the application, while conservative media pole Robert Murdoch and computer billionaire Michael del will sit on the blackboard. Trump also hinted that three other “chip” supporters are also part of the ownership group.
While Trump was joking about the Tikhak algorithm in favor of Maga’s content, he said, “Everyone will deal fairly.” Vans also confirmed that the works will pay the application content decisions.
He said: “We want the company to make decisions on content based on the interest of the work and based on the interest of users, and this is what we believe will happen.”
Thill said that Tiktok should be able to attract more advertisers to the application now after a deal was concluded to keep it working in the United States and “the drama has ended.”
Instagram’s Meta still dominates further than her platform, but Thill said there is room for Tiktok, although it is unclear whether the market share of TV or other social media applications will take.
He added: “There are three platforms that most of them use: Meta, Tiktok and Snap.” “I think we have seen this. I think there is room for Tiktok and MonEEEED. Snap was not able to do this, and it was a broken record for a moment.”
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