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Comment by praveen9920 | Hacker News Reader

Trump's grudge on Tiktok users apart, could this be a plot of hostile take over?

With all the public threats ByteDance is receiving from president of USA, Msft or any other company which acquires, gets one of the biggest social networking site of the decade at give away price.

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I don’t think it’s at a discount at all. They’re effectively selling it at the height of the market. Even if they cut valuation in half, it’d still be at a significant premium.

It’d be the height of the market if they weren’t forced to sell too, they’d just also be in a much stronger bargaining position.

I feel like sentiment was similar for when FB bought IG for $1B. Today, we would all agree that was vastly under priced.

Well, sure. But similarly, most people today would agree that Tumblr was not worth nearly 1.1 billion when Yahoo bought it.

Sometimes you win, sometimes you lose.

Disagree. I think it is a discount. From my understanding the business was not for sale until this executive order.

Tiktok needs to be hooked up to PRISM and all the other NSA programs immediately. I wouldn't be surprised if Microsoft or whoever buys it is compensated with a piece of US intelligence's bottomless pit of money.

This is what a monopsony is, is it good to enable that through government involvement?

We may never know the history definitively, but it's likely the sale would have been under discussion for months, from when politicians were strongly indicating that TikTok's ownership structure wouldn't be acceptable in the long term but hadn't announced any concrete action. These kinds of huge deals can only be constructed so quickly, even under time pressure.

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