2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E112: Is Davos a grift? Plus: globalist mishaps, debt ceilings, TikTok's endgame & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

TikTok

JKL: If somebody can sell in the high hundred billions of dollars, I think they should consider it. This is the same as a 5G issue. You cannot trust the Chinese government to not steal intellectual property or to put back doors into the software. It's common business practice there. Huawei was banned. They basically stole the source code from Cisco. And it was proven that they were spying on people. That probably takes bite dance down by 70 or 80 billion. So that's a 35, 40% discount to their last mark.

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