Alibaba's six-way split, Disney cuts its metaverse team, Substack's raise & more | E1708
This Week in Startups
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Venture Capital and Alibaba's Transformation
This chapter explores the motivations behind venture capital investments in TikTok and its competition with other social media platforms, while examining the challenges it faces in going public in the U.S. It highlights Alibaba's decision to restructure into six independent entities, illustrating the influence of the Chinese government and its implications for market behavior. The discussion also includes comparisons with U.S. tech giants and the potential benefits of breaking up large conglomerates to enhance competition and operational efficiency.
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