$14 billion TikTok valuation 'doesn't make any sense,' says Jefferies' Thill
CNBC Televisionยท2025-09-25 21:49
For more on the Tik Tok deal and the broader impact on big tech, let's bring in Jeffrey's managing director and senior technology analyst, Brent Th. Brent, great to have you with us. Um, we just got a number in terms of valuation, $14 billion for US Tik Tok.What's your take. That's massively undervalued. I think Carter said it well.Like, how do you buy a blender for a higher market cap. This is crazy. I mean, the numbers got to be wrong.Uh, it doesn't make any sense. The market cap of Snap is 14. the market ...