The deadline for Chinese company ByteDance to divest into TikTok US or face a nationwide ban is quickly approaching. O’Leary Ventures chairman Kevin O’Leary, who is part of a group looking to buy TikTok, joins Asking for a Trend Josh Lipton to discuss why he’s invested in maintaining TikTok in the US.
O’Leary talks about meeting with President-elect Donald Trump to discuss the looming TikTok ban, saying he told the former president, "What I care about the most are the six plus million entrepreneurs that make a living and support their families with TikTok … Those are two generations of Shark Tankers, as I call them."
The venture capitalist says the group has "put out an indication of what we think it’s worth, around $20 billion" to take over TikTok.
Watch the video above to learn more about O’Leary’s efforts to save TikTok in the ninth hour.
#youtube #stocks #tiktok
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