A forced sale guarantees ByteDance gets a fire sale price. If there’s any way forward that allows them to sell not-under-duress, there’s a chance for far more upside.
That works even for pure economics game theory, aside from wanting to continue in what they built on principle/commitment/interest in the project.
Would Zuck give up Facebook for the right price? Would he give it up for a highly discounted price of a rush sale?
Yes he would if the option is making 0 dollars. Which is the option Bytedance faces, losing one of their biggest most profitable markets when they could get a big bag or do a stock sale and continue to profit from its growth.
Also I’d like to remind you, the US is not the only country looking to ban TikTok, other western countries are eyeing it as well.
For me their malicious intentions are transparent. Hell this bill passed with full bipartisan support after congress saw the intel acquired by the alphabet agencies proving as much. When was the last that happened?
But that’s clearly not the only option. They assumed the public backlash would be in their favor and it was. Now they get to keep on making money, which is the best outcome for them.
A forced sale guarantees ByteDance gets a fire sale price. If there’s any way forward that allows them to sell not-under-duress, there’s a chance for far more upside.
That works even for pure economics game theory, aside from wanting to continue in what they built on principle/commitment/interest in the project.
Would Zuck give up Facebook for the right price? Would he give it up for a highly discounted price of a rush sale?
Yes he would if the option is making 0 dollars. Which is the option Bytedance faces, losing one of their biggest most profitable markets when they could get a big bag or do a stock sale and continue to profit from its growth.
Also I’d like to remind you, the US is not the only country looking to ban TikTok, other western countries are eyeing it as well.
For me their malicious intentions are transparent. Hell this bill passed with full bipartisan support after congress saw the intel acquired by the alphabet agencies proving as much. When was the last that happened?
But that’s clearly not the only option. They assumed the public backlash would be in their favor and it was. Now they get to keep on making money, which is the best outcome for them.