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Yunan joins to explain why the TikTok saga and the US government's decision to ban the app, unless it sells to an American company, has hurt the reputation of Zhang Yiming, the CEO of the app's parent company ByteDance. And Cory speaks to Kate about Headspin and the case of the company that had to give back some of its capital to investors after its revenue projections proved to be wildly off base.
Background Reading
Once a Hero, TikTok’s Founder Is Under Attack in China
Startup HeadSpin to Return Funding After Probe of Financial Statements
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Yunan joins to explain why the TikTok saga and the US government's decision to ban the app, unless it sells to an American company, has hurt the reputation of Zhang Yiming, the CEO of the app's parent company ByteDance. And Cory speaks to Kate about Headspin and the case of the company that had to give back some of its capital to investors after its revenue projections proved to be wildly off base.
Background Reading
Once a Hero, TikTok’s Founder Is Under Attack in China
Startup HeadSpin to Return Funding After Probe of Financial Statements