Mark Cuban nearly invested in Musical.ly, precursor to TikTok, before its $800M acquisition.
Mark Cuban attempted to invest in Musical.ly, the app that later became TikTok, before it gained popularity, attracted by its livestreaming feature. His bid was unsuccessful as the company wasn't seeking additional funding. Cuban valued the app for its community-driven content, expressing disappointment in its shift towards a more corporate direction. The app was acquired by Bytedance for around $800 million in 2017.
3 months ago
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