Kevin O’Leary, the renowned figure from ABC’s Shark Tank, recently revealed his intriguing meeting with President-elect Donald Trump to discuss a potential acquisition of the popular social media app TikTok. The intentions behind this meeting were aimed at transforming TikTok into an American-owned entity to prevent its impending ban in the United States set for January 19.
Here are some key points from the discussion:
- O’Leary, in an interview on Fox News’s The Story with Martha MacCallum, shared details of his plan to purchase TikTok from its Chinese parent company, ByteDance, in collaboration with Frank McCourt of Project Liberty.
- Aiming for a multibillion-dollar deal, O’Leary emphasized the bipartisan nature of the situation, highlighting the need to work with both President-elect Biden and President Trump to successfully close the acquisition.
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O’Leary expressed his readiness to involve the current administration in the process, acknowledging the crucial role they would play in this endeavor.
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Known as “Mr. Wonderful” from Shark Tank, O’Leary is collaborating with McCourt in The People’s Bid for TikTok, which includes a crowdfunding initiative for individuals to participate in the acquisition through WonderfulTikTok.com.
In his statement, O’Leary emphasized the tremendous potential that TikTok holds, not just as a creative platform but as a key component in building a secure digital landscape. Together with McCourt, O’Leary envisions creating an American-owned platform that prioritizes national security while providing a thriving environment for its 170 million U.S. users.
As the January 19 deadline looms closer, O’Leary is optimistic that his shared vision with McCourt, along with President-elect Trump’s business expertise, will lead to a mutually beneficial deal for all parties involved.
