this post was submitted on 25 Apr 2024
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It’s going to be to their advantage to claim that they’re shutting down, even if they actually want that $50B buyout. If they say they’re going to sell, they’re going to lose what little leverage they have left. The public that wants TikTok will get TikTok, and the public is going to stop pestering politicians about it.
Why though? Why would they give up their trade secrets? They have a global market.
They could sell the user accounts and content and let another company clip that into their own recommendation algo.
I’ve been a part of a few tech acquisitions that have worked this way. They keep their secret sauce but hand over the community.
The question is if anyone would buy it without the algorithm and the other stuff worth money. Users by themselves aren't very useful if everyone leaves after a day.
It would come down to price. I’m sure someone would pay for the content, accounts, and brand. But what dollar amount are we talking about when the algo isn’t on the table.
The algorithm either isn't as valuable as they believe or the government's concern is legitimate and we have a real problem.