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The assignment is to put your brain into action with a defensible proposition of should the U.S. government require TikTok not have Chinese ownership, what company should step up and buy them?
Why? That is the most important part. Is the company doubling down? Adding a missing social layer? Targeting new demos? Wanting an adjacency to the music industry? There are a million ways to analyze this and see potential fits. Dig in.
For the sake of color when you consider the acquisition, Musk bought Twitter for $44B, and Meta bought IG for $16B. A student asked last night how much TikTok could sell for, and this is from the Washington Post. TikTok, one of the world’s most popular apps, would probably sell for more than $100 billion, according to one financial analyst’s estimate. And that may be low: TikTok made $16 billion in sales in the United States last year, the Financial Times reported (https://www.ft.com/content/275bd036-8bc2-4308-a5c9-d288325b91a9) — a revenue figure that could value the company at up to $150 billion.
Dig in on your subject company. Know their building blocks (see attached deck for building block term reference).
Then write a piece. Cite your sources at the end.
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