TikTok Bidder to Offer ‘Significantly’ More Than $20 Billion
- Tinsley’s group has recruited Roblox CEO among investors
- Unclear if TikTok parent ByteDance will consider Tinsley bid
TikTok Inc. offices in Culver City, California.
Photographer: Bing Guan/BloombergThis article is for subscribers only.
A group of American investors vying to buy TikTok with support from top YouTuber MrBeast has secured more than $20 billion for their offer, according to Jesse Tinsley, the tech entrepreneur organizing the bid.
The group has also recruited two additional tech CEOs as investors, including Roblox Corp. co-founder and Chief Executive Officer David Baszucki and Anchorage Digital co-founder and CEO Nathan McCauley, Tinsley said during an interview on Bloomberg Television. An Anchorage Digital spokesperson confirmed McCauley’s participation while Roblox had no immediate comment.