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.
The problem with operating this way is it's very easy for the same gun to be used against you when political winds inevitably change. In Bangalore famously, one administration's politicians had bought up all farmland and then announced the new airport location in that area. When they lost the election, the next administration moved the airport after the project had already started to a different inferior location dozens of kilometers away where it stands today mainly to impose losses on their political opponents. This is also why connectivity to the airport is poor to this day.
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.