TikTok has become a popular social media platform for users to share short videos and connect with others. It has grown in popularity over the past few years, attracting attention from investors and businesses alike. With its large user base and potential for monetization, many people have been asking: can I buy stock in TikTok?
The answer is yes – it is possible to buy stock in TikTok. However, it is important to note that the company itself is not publicly traded on any stock exchange.
Instead, investors can purchase shares of the parent company, ByteDance, which owns TikTok as well as other social media platforms like Douyin and TopBuzz. ByteDance is a private company, so its shares are not available for purchase through traditional public markets.
However, there are still ways for investors to access ByteDance’s stock. Private equity firms and venture capital funds typically invest in private companies such as ByteDance.
These firms make their investments through Private Investment in Public Equity (PIPE) transactions, which allow them to purchase shares at a discounted rate. Investors can contact these firms directly or go through an intermediary such as an investment bank or broker.
In addition to PIPE transactions, investors may also be able to purchase shares of ByteDance through secondary markets like SharesPost or EquityZen. These markets offer access to private companies’ shares that have been pre-sold by employees or early-stage investors who want to cash out some of their investments.
In summary, it is possible to buy stock in TikTok by purchasing shares of its parent company ByteDance. This can be done through private equity firms and venture capital funds via a PIPE transaction or on secondary markets such as SharesPost or EquityZen.