This is a Fascinating Situation for any number of reasons and unlike anything that
I can recall having seen in part because the Government is so deeply involved in basically,
dictating the potential sale of a Business to one Company,
and it really ends up being one company you know as you guys
I have been following this to a large extent over the last few weeks and,
it was a difficult thing to imagine how would byte dance go about disposing of this business. If they were not going to be selling it to One Company.
how would they do an IPO enormous IPO with some of their investors rolling in?
it was difficult but the sale route is certainly one that would be easiest for them at
At the same time Byte Dance Right the giant Chinese company at this point,
let’s not forget most recently valued at about 135 billion in the last round
which of course operates TikTok around the world and,
has a huge presence in China is in a very difficult position
because they are facing the possibility of being shut down in the U.S. or potentially selling.
what is really one I Said potential buyer is Microsoft which is currently in talks to acquire the company,
The price of which is very difficult to know but Microsoft is certainly very advantageous position it would,
because I am not quite sure what other avenues Bike Dance would have certainly,
they could Sue or they could try to use the legal system here to say was being wrongly shut down.
But you know that would put them in a potentially precarious position,
and impact the overall value of the company in a significant way given the growth
the potential of this business as you point out.
It’s a billion in Revenues now,
but it could be Six Billion next year if it continues at the current rate of growth,
so we’ll just have to see here so many different cross-currents
it is very very fluid the situation at this point yet Microsoft is certainly in a very interesting position because
it is kind of got the only check mark you can go through the list of potential buyers.
Why they can’t do it Microsoft Remember DOD already signed them on for
that cloud contract that Amazon of course was challenging. So you see why from a security standpoint the U.S. certainly seems prepared to have Microsoft own that business.