RE: For those that missed it, $1m Investment in Bytedance3 Aug 2020 10:10
I had a look as this as was curious but....
While TikTok have become a more popular platform recently if you compare valuation estimates of bytedance they've not grown significantly in value since worldsec invested.
Furthermore, and more importantly in some respects, is that if you look into it the 1 million investment made by worldsec in 2019 was part of over a billion dollar raise by bytedance.
It was also bytedances latest round of funding ofbwhich they've had seven rounds and in total they've raised over 7 billion dollars since 2012.
So imo based on this worldsecs position in TikTok will be very very small as the raises are always more dilutive and the funds raised have been for incredible amounts. Worldsecs investment wouldn't have grown as significantly as the rise here so far. That said well done to those in at a penny.
Valued way too high now imo bit momentum may push it up.