TikTok - Top Line Revenue Minus Cost of Operations

When you're growing the business that fast, the costs are growing almost as fast as the revenue and so there's a lot of cash outlay. TikTok used some forms of short form debt which I discussed before and now we have long term debt with a strategic partner. We use that to fund the growth of the company to maintain the overall like having an overall cash balance that's going to sustain the business by using that. At the peak we were hiring 10 to 15 people a month when we were growing really quickly so that's a bit of a breakdown on the finance sideI really apologize I wish that TikTok had a forward, I really tried this out with a forward facing camera I