Thanks Robert, this is quite interesting as I was not familiar with #2U. But what is so special/unique about this company? Do they have some proprietary technology that is not easy to replicate? As you said, if they become profitable, wont' Universities simply offer online degrees themselves and cut out the middle man? Or have other, better funded startups squeeze them out of the market? Interesting in hearing more about $TWOU.
Even with a US owner, couldn't China still spy on users through some pre-existing backdoor. Oracle isn't going to scratch TikTok's product and build a new one from scratch.
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Much appreciated Robert, I'm watching the video on $TWOU now.
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Thanks Robert, this is quite interesting as I was not familiar with #2U. But what is so special/unique about this company? Do they have some proprietary technology that is not easy to replicate? As you said, if they become profitable, wont' Universities simply offer online degrees themselves and cut out the middle man? Or have other, better funded startups squeeze them out of the market? Interesting in hearing more about $TWOU.
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I'm sure China didn't do that out of the goodness of their hearts. It was in their best interests as well.
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Even with a US owner, couldn't China still spy on users through some pre-existing backdoor. Oracle isn't going to scratch TikTok's product and build a new one from scratch.