Seems some people have difficulty in understanding the definition of “Stupidity”
If i may use theoretical business case to explain it in a simple way.
Why would anyone pay more money to buy something that they probably never gonna gain any profits back?! (From the perspective of both internal and external Strength Vs. Weakness)
Switch the position with each other, would anyone want to the dumbass? Please let me know. You want one time done deal or long lasting cooperative relationship?!
TikTok indeed shares wide range of demographic spectrum, however, has it really made a great fortune after deducting all previous cost? It might has potential but doesn’t guarantee its overestimated market price.
Eg. Many people use Facebook, but how its diversified revenue be?
Who has the ability of future success prediction? I DO NOT HAVE THAT ABILITY.
Meanwhile, from a seller’s perspective, what more you would like to expect from wider marketplaces at large scale after a threatening business deal even if you got what you wanted at the end. Business is about circulation, are you sure you have absolute advantages to beat any other competitors?
Btw, anyone who make unrealistically big bet on me would be a potentially dramatic risk that might exploded in the future.