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talbo888 | 5 months ago

Before people jump to conclusions, if you look at the details there seems to be a plan for a major profit sharing and licensing agreement with Bytedance. The numbers floated around are that 50% of the profit would go to Bytedance plus.

This would significantly impact its valuation to outside investors.

discuss

order

didntknowyou|5 months ago

it was always more about control than making profit tbh