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OpenAI CEO Sam Altman Has a Major Stake in This Hot IPO Stock. Should You Follow His Lead?

The Motley Fool

Alternatively, TikTok, which is owned by a Chinese tech conglomerate called ByteDance, is experiencing unprecedented growth overseas -- the platform reportedly has 150 million users just in the U.S. However, Chinese tech conglomerate Tencent owns about 11% of Reddit. The rest of us are buying from those first investors.

Stakes 245
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Transcript: David Layton

The Big Picture

And we looked more like an industrial conglomerate than — RITHOLTZ: That’s where I was going to go. The assumption is, hey, these are big, sophisticated investors, making big investments into companies. We’re a builder of businesses., and we’re a steward of these companies, and we take that very seriously.

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