Posted by Alumni from TechCrunch
April 28, 2024
President Joe Biden signed a bill on Wednesday that could ban TikTok ' for real this time. After so many false starts and stops, some creator economy founders and their clients are rolling their eyes. They've been through this before. When creators succeed, the startups that work in the creator economy generally succeed as well. Still, Wei isn't particularly concerned that the friction from a TikTok ban would impact his business, a Series B startup that provides financial services to creators. 'If you build products in startups that help creators make money, then actually, from an addressable market point of view, this is good for you,' Wei said. 'Your framing can be like, 'TikTok is gone; as a creator, you need to be thinking about diversifying and how to support yourself, so here's XYZ things you can do.'' The threat of the TikTok ban feels a bit like 'The Boy Who Cried Wolf,' even though this time, it's different. This isn't just political theater in the form of ongoing Senate... learn more