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Musically and Ticta Merged Platforms.
A billion sounds like a big number, and it was only up a little bit from the post money on the last round. But when you think about iti's only ten dollars per monthly active user. And so to be able to go d and pick up what might be the next generation of social networks, and get those users in perpetuity for ten bucks ahead is actually kind of steel....
We take Acquired to the Old Town Road to cover the amazing story behind the biggest global sensation of 2019 — and the highest valued private startup in the world — TikTok. How did a mid-30 year old UX architect at enterprise software giant SAP wind up creating Gen Z’s favorite social app that’s now rivaling Instagram in global MAU? Why is a 2017 merger of two Chinese companies being branded a US national security threat and retroactively placed under review by CFIUS? And perhaps most importantly, why is TikTok such an important product & technology innovation that all of us should be learning from? Tune in for all the answers!
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Listen to the best highlights from the podcasts you love and dive into the full episode