1
00:00:00,200 --> 00:00:03,200
Speaker 1: I get a call and I answered Hello, and there's

2
00:00:03,200 --> 00:00:05,880
Speaker 1: this guy on the other end. Yeah, you emailed my daughter.

3
00:00:06,519 --> 00:00:10,200
Speaker 1: He goes, she's twelve. And I was like, okay, you know,

4
00:00:10,520 --> 00:00:13,159
Speaker 1: sorry about that, and he goes, yeah, listen, everything's all right,

5
00:00:13,400 --> 00:00:16,240
Speaker 1: but you gotta answer me this one question. Why does

6
00:00:16,280 --> 00:00:19,960
Speaker 1: she come home from school and say that she needs

7
00:00:19,960 --> 00:00:23,079
Speaker 1: a manager? And I'm like, well, I don't know. Maybe

8
00:00:23,079 --> 00:00:26,800
Speaker 1: it's because she has nine thousand fans on TikTok. There

9
00:00:26,880 --> 00:00:30,360
Speaker 1: was a time when most adults didn't know what TikTok was.

10
00:00:30,760 --> 00:00:33,560
Speaker 1: If you haven't heard of TikTok, TikTok is the most

11
00:00:33,640 --> 00:00:36,879
Speaker 1: addicting app in the entire world. If you get it,

12
00:00:36,920 --> 00:00:40,160
Speaker 1: I'm warning you, you will be on it for four

13
00:00:40,200 --> 00:00:43,880
Speaker 1: hours just scrolling through your four you page. Most people

14
00:00:43,960 --> 00:00:46,600
Speaker 1: still don't know the real story. One day, I was

15
00:00:46,720 --> 00:00:51,040
Speaker 1: on coul trip from Mountain View to San Francisco and

16
00:00:51,360 --> 00:00:54,920
Speaker 1: that Tin so a loss of high school students and

17
00:00:54,960 --> 00:00:59,440
Speaker 1: I was observing the behavior. How too mysterious tech founders

18
00:00:59,480 --> 00:01:03,360
Speaker 1: from China that captured the attention of an entire generation.

19
00:01:03,920 --> 00:01:07,280
Speaker 1: You know, I think there was some natural skepticism of like, hey,

20
00:01:07,440 --> 00:01:10,440
Speaker 1: can we trust these guys we've had issues in China

21
00:01:10,680 --> 00:01:15,680
Speaker 1: with intellectual property infiltrated American pop culture. You identify a

22
00:01:15,720 --> 00:01:17,679
Speaker 1: couple of whales, you pay them for a certain number

23
00:01:17,720 --> 00:01:19,720
Speaker 1: of posting them. Sort of a flywheel from there, because

24
00:01:19,840 --> 00:01:21,759
Speaker 1: you know, the internet is like it is like high

25
00:01:21,800 --> 00:01:24,080
Speaker 1: school cafeteria is the second the popular kids do it.

26
00:01:24,120 --> 00:01:26,800
Speaker 1: Everyone wants to get in. Went to battle with Facebook

27
00:01:26,880 --> 00:01:29,760
Speaker 1: and other Silicon Valley giants, And when I brought up

28
00:01:29,760 --> 00:01:32,000
Speaker 1: the Chinese internet companies, I think that that's a real,

29
00:01:33,480 --> 00:01:36,520
Speaker 1: a real strategic and competitive threat. Took on the most

30
00:01:36,560 --> 00:01:39,640
Speaker 1: powerful man in the world. We're looking at TikTok. We

31
00:01:39,760 --> 00:01:46,480
Speaker 1: may be banning TikTok. This season. On Foundering, we'll take

32
00:01:46,520 --> 00:01:51,720
Speaker 1: you behind the scenes of TikTok with exclusive interviews of creators, investors,

33
00:01:51,760 --> 00:01:56,680
Speaker 1: and employees, including the CEO of TikTok's controversial Chinese parent

34
00:01:56,760 --> 00:01:59,800
Speaker 1: company byt Dance. You'll see what it was really like

35
00:02:00,000 --> 00:02:03,880
Speaker 1: inside the company after TikTok landed on Donald Trump's hitlist

36
00:02:04,120 --> 00:02:07,960
Speaker 1: and nearly lost it all. Check us out Foundering, a

37
00:02:08,080 --> 00:02:13,080
Speaker 1: podcast from Bloomberg Technology. Subscribe on Apple, Spotify, or wherever

38
00:02:13,120 --> 00:02:14,279
Speaker 1: you get your podcasts.