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by HWR_14 1128 days ago
That's not an interesting question. No, no they should not. And that would be true even if there were US investors. Just like we don't compensate AirBnB shareholders when cities outlaw short term rentals.

But, there are no non-Chinese investors in Bytedance. There are US investors in Hong Kong (?) companies that have exposure to Bytedance and move 1:1 with Bytedance, but explicitly included in their risk analysis is that government action may zero out that 1:1 nature at any time by political action.
1 comments
consumer451 1128 days ago
> That's not an interesting question.

It is very interesting to me to see if the US government is capable of putting the average citizen's welfare above that of heavy hitting investors. It would be a welcome change if they did.

> ByteDance is financially backed by Kohlberg Kravis Roberts, SoftBank Group, Sequoia Capital, General Atlantic, and Hillhouse Capital Group.

https://en.wikipedia.org/wiki/ByteDance

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pessimizer 1128 days ago
What relationship could banning TikTok possibly have to the average citizen's welfare?
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