In this new economic reality, the only company that reliably reaches out to me anymore is TikTok. At least once a week, occasionally multiple times in one day. Both in house and contract sourcers. Can I trade in like 10 of these for an OpenAI reach out? What’s the exchange rate?
1000
Too much dominance /rev growth and too much turnover
They go through workers like Kleenex
Tiktok just really good at making money. Products not wired up that well but they find every opportunity to make a dime. Oftentimes by leveraging other companies' innovation (straight copying other products)
They are growing faster than the legacy tech companies like Meta?
Its not just tiktok they have created tons of apps which are doing well. So question is why bytedance is thirsty
Their revenue is still growing, and they can’t sufficiently staff headcount
Tik tok no recruit me, me sad me not good enough
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TC thirst trap