TikTok's co-founder to step down as chief executive
bbc.com
bbc.com
This fits the description of a Fierce Nerd as defined by Paul Graham. Little wonder he navigated the company to such great success.
After Twitter destroyed Vine it was clear something was needed to replace it and TikTok filled that void.
TikTok didn't fill a void, it's a fantastic video app that did a lot of things right. There was a lot of new video apps after Vine died, none of them were successful.
TikTok came in with short videos, collaboration tools, audio sharing, and has a realness that Instagram does not.
Also funny enough many Viners lived together in the same building so they could collaborate. We saw the same thing happen with TikTok.
The service failed because it was in high competition and they lost momentum. While Tiktok succeeded simply because it was fresh, appeared at a time when demand for personal and videos was growing, and offered the right combination of UX that satisfied its target audience.
Yep, 1600 Vine St. It’s a nice apartment building with lots of YouTube (and now TikTok) stars.
I don't really think that's the case. I'd still argue lack of investment from Twitter is what killed Vine.
>TikTok didn't fill a void, it's a fantastic video app that did a lot of things right.
Agree it's fair to say TikTok carved their own path to where they are today, but a lot of the same Vine-energy lives on in TikTok.
Conclude whatever you like, my understanding is that Instagram video directly killed Vine after the big creators had meetings with Vine executives about getting paid to stay on Vine. I guess that could be considered a lack of investment, but it can't be ignored that Instagram captured the creator base.
https://www.theverge.com/2016/10/28/13456208/why-vine-died-t...
"Former executives say that a major competitive challenged emerged in the form of Instagram, which introduced 15-second video clips in June 2013. “Instagram video was the beginning of the end,” one former executive told me. “[Vine] didn’t move fast enough to differentiate.” Instagram courted celebrities with longer videos, eventually bumping the limit to a more flexible 60 seconds. (Vines didn’t break the 6-second barrier until earlier this year, and its extended videos never caught on.) Instagram also began promoting celebrity accounts in its popular “explore” tab, bringing them attention that Vine found difficult to match. Marketers began shifting their money away from Vine, and stars followed."
Instagram is much more for funny content that is longer form or static (this goes serious static content and memes), some short form content (since it has grown with reels), and for clout. The gram has always been for clout first and foremost. I’m not posting my pictures of my new whip on Snapchat or Facebook.
Vine was the platform for the great short form collaboration that is equally silly, informative and cool. TikTok is having the exact same effect, but has a feed, comment section, and related video functionality that makes it even better.
Anyway, just some ranting because I don't think I can understand why this is so popular, despite being so unusable. Granted, at best I would use it as an appetizer for proper content (like after listening to a good tune, looking for the full song or hearing/seeing some interesting tidbit and looking for more information). If people that talk aren't involved, it also rather reminds me of flash loops from days (more or less) gone by, just with terrible captions as an addition.
Instagram and YouTube etc. have all become incredibly corporate with professional production studios etc. dominating the platforms - I imagine the same might happen to TikTok eventually, but at the moment you can just see a funny video someone made of their cat, and the cat isn't sponsored by SquareSpace.
Also teens and young people in general say that their parents and grandparents moved to Facebook because of which they do not feel comfortable doing all the shenanigans on the Facebook anymore.
Zuckerberg was genius and cursed at the same time because he created social network for everything or in another words for general content(text, photos, videos etc.) but he didn't specialize in any until recently when he and his team started paying attention to each and every of this content category.
The reason they don't have all those filtering options is probably because most people don't want to use them and it's fun to see video content from all around the world and even in different languages. Serendipity on TikTok is part of the appeal.
Although it wasn't the case for you, I'd say TikTok probably has the best cold-start experience of any consumer content app. For comparison, try creating a new account on YouTube or IG.
Still get that TikTok may not be for everyone, but imo it feels like the end game design of short video content consumption. The content can be really fun, silly, pointless, mundane, or educational. You don't need to follow people. Celebs are not as relevant. Don't like something? Just swipe up. It's a pretty refreshing take.
Actually, it starts you off with your native language only at first IIRC. I increased it to seven different ones which didn't matter at all and then decreased it to three. And again, no difference.
I don't use any social media and all the "celebrity" stuff is generally not for me at all. So I can't really compare the experience to anything.
Though, I guess I can attribute the success to what the others said, despite its demerits:
- really low barrier of entry (mrkramer)
- organic feeling, as opposed to corporate-controlled/generated (alexgmcm)
The addictive nature of seeing what comes next likely also plays a role.
After reading and re-reading his comments, I'm still not 100% sure whether these were his honest feelings or just a different form of "corporate speak." Also interesting he is stepping down during a wave of crackdown on Internet giants in China by the CCP. It could be genuine, but I find it hard to judge.
Sure, you can pose the hypothetical: but what if he’s lying? That’s a less interesting observation IMO.
somehow I think this is what a CEO should be doing, and then letting managers do the people management.
CEO should be strategy, not keeping Karen in accounting dept. happy.
Too many companies just continue doing whatever they have been doing for a long time, without any ability at reconsidering if this still fits the market.
Of course, one of the factor could be what has happened: forced to sell TikTok by US; couldn't sell TikTok because rejected by China; although the massive traffic amounted by apps from his company, they are seen the same way as Facebook as not healthy for society (once you are on tiktok, time really flies by :)); Maybe all of these, we don't know. This is not his first startup, and I hope this is not his last. He definitely don't have a single vision as Zerkerburg does. Let's just take his words for it since he has put efforts into it.
I doubt the CCP was involved either way. A CEO stepping down with a humble excuse wouldn’t do them much good.
Of course it would, it makes it look like everything is calm, orderly, and that their economic system isn't under siege by the state. The CCP - as with all authoritarian systems and to the degree of the authoritarianism - is at all times obsessed with faking appearances. (insert inevitable diversionary replies: "but America")
Colin Huang desperately fled control of Pinduoduo, terrified of Xi's targeting of the next Jack Ma types. He started giving away his shares specifically to avoid getting that bullseye painted on him, to avoid potentially becoming the richest person in China.
It makes perfect sense that Zhang Yiming would be in the same boat as every other prominent figure that is scared they're next. ByteDance is even more influential and important than Pinduoduo though, which makes it clear there was no other scenario to be had with ByteDance other than to 'step down.' This process will not just continue, it's going to have to accelerate; authoritarian systems - a dictatorship in this case - either must liberalize, collapse or persistently tighten the screws on any perceived risks and opposition to maintain control. It's obvious which scenario is occurring.
Yes, "the best lies are the ones shrouded in truth". The reasons he listed might indeed be reasons why someone else would be a better fit for his positions, but I wouldn't be surprised if the actual trigger for stepping down now is the CCP.
- Baidu
- Alibaba
- Tencent
- Xiaomi
- Huawei
You can see how their offering compare in this Big Tech Spreadsheet [2].
ByteDance might become the most valuable company in the world, not just in China.
[1] https://twitter.com/TurnerNovak/status/1394704798591590401?s...
https://www.cnbc.com/2021/03/01/chinas-aging-population-is-b...
That makes it nimble, and powerful, that means the system itself almost always wins, as for the people, well, good luck.
Oh, really? Let's look at one metric: https://en.m.wikipedia.org/wiki/Comparison_of_United_States_....
overall incarceration rate in the US is 639 per 100,000
The incarceration rate of the People's Republic of China varies depending on sources and measures. According to the World Prison Brief, the rate for only sentenced prisoners is 118 per 100,000 (as of 2015)
WTH is going on here?
But irrespective of all these stories, I am firmly in your camp about my opinion. I see no reason to present my opinion without myself setting foot on the region.
Speaking truly and frankly. You are expressing a lot of opinions.
I indeed reserve my judgement on CCP, as I know that I know very little about the entity.
You may or may not interpret that as complicit to them, or whatever. But please do calm your mind, and see into the facts, and the reasoning behind the emotions.
I am not asking anyone to be correct. I am asking rationale.
I am more and more direct nowadays to point out the ridiculousness of comments like this:
This type of comments do not square with the facts in even the slightest sense.
China runs the world's largest and most successful poverty elimination program. How can a government doing this not care about you in the loser pack? https://www.google.com/amp/s/amp.cnn.com/cnn/2020/11/27/asia...
In essence, a lot of such comments treat CCP as some kind of bizarre imaginary entity that automatically possess any negative traits for the topic being discussed.
Of course, the distribution of positive & negative comments are certainly always mixed.
But boy, oh boy, I never seen a single comment actually showing a decent understanding of CCP's functioning nowadays, in my 10+ years on hackernews.
Not a single comment.
Wow
Ever look at the TikTok channels for prominent celebrities? The content is horrible. It's embarrassing to look at their channels. It's inherent to the format. The sole thing propping up TikTok in the US - which is already beginning to fade - is the popularity of young people cloning mediocre dance routines. There is only so far for that one trick pony to go, it becomes increasingly boring with time.
Facebook persists as the telephone that every house has, along with its protective moat in Instagram. TikTok has no persistence reason to exist long-term. It's far easier to build the next fad social network than it is to replace something perma entrenched like Facebook. The over 30 crowd is the majority of social media users in the US, they aren't going to abandon Facebook, it's set (exactly the same way Google is in search); young people however will abandon TikTok for the next cool trinket social media app as they get increasingly bored with TikTok and desperate for something new and cool to play with.
for the first 15 minutes, sure.
once TikTok starts to understand what kind of content you're interested in (and it does this quite quickly), this problem disappears. i can't remember the last time i saw content like that.
it's almost like the difference between YouTube signed out vs signed in.
2. Is Meituan that big?
3. I have never heard of PDD.
4. What about Xiaomi and Huawei?
(I know "X of China" is never actually true but work with me)
Also, around 2016-2017 most of my engineer friends who are great at their job left Baidu for, surprise, ByteDance.
Being a grey beard, their episode on Tencent and the freemium business model kinda blew my mind.
I propose X-BATH
BatxH where H = Human, x = multiplier sign
Interestingly, PDD's founder Colin Huang also recently resign from PDD and want to research life science.
I really enjoyed reading it!
guess that’s what happens when you’re in a tech bubble and totally oblivious to world affairs or news