4min chapter

This Week in Startups cover image

2023 Predictions! Startups, VC, tech, media, stocks, shutdowns, and more! | E1648

This Week in Startups

CHAPTER

Is Instagram a Bag Holder of TikTok?

Jason Summers: I think Instagram could end up reaping the benefit of all the upheaval at Twitter. He says that if TikTok gets banned, then Instagram is a bag holder. But he also thinks there's another riff going on quietly and it will be 10 to 15%. That means meta will go to $200 to share again, maybe 150 to 200 to share in the next six to 12 months.Summers: What do you think about what technology is going to break out in 2023? There's a lot of obvious ideas here but they're still very early days.

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