TikTok is a lot of noise and not a lot of signal right now. There’s a lot of hype about it. As far as I know Frank McCourt and I are the only syndicate that’s brought together an offer that’s in front of the bankers of ByteDance. Unfortunately we are beholden to the law and that ruling from the Supreme Court said there is no option for any bidder to use one single line of the five billion lines of code. Can’t do it. So in other words either the Supreme Court reverses its decision or Congress amends its law or something has to happen for any of these other ideas to occur. Because right now if you want to buy TikTok you’re not buying any Chinese tech zero zero Chinese tech zero. You can’t do it.
