<< That plan worked, so now ByteDance/TikTok/CCP are again forced to sell, except they come to this round of negotiations in a much worse position than they were originally.
I appreciate the analysis even if I disagree with it.
<< many buyers that have come out of the woodwork and made public and private bids for the asset.
It is mildly funny given that China is not selling it. It was defacto made a real geopolitical issue with 170m US users as pawns. They may well be buyers, but China is not in a position of weakness here. If anything, the past 48h showed that users can simply say 'fuck it' out of spite.
In short, from game theory perspective, even if they decided to sell, they can now extract heavy concessions. Yeah, US won so hard on this one.
As I may have mentioned in another post, individual players may have gained some ground, but that is it. US lost a lot in this exchange alone.
I appreciate the analysis even if I disagree with it.
<< many buyers that have come out of the woodwork and made public and private bids for the asset.
It is mildly funny given that China is not selling it. It was defacto made a real geopolitical issue with 170m US users as pawns. They may well be buyers, but China is not in a position of weakness here. If anything, the past 48h showed that users can simply say 'fuck it' out of spite.
In short, from game theory perspective, even if they decided to sell, they can now extract heavy concessions. Yeah, US won so hard on this one.
As I may have mentioned in another post, individual players may have gained some ground, but that is it. US lost a lot in this exchange alone.