TikTok Trump vs. Biden Ban Resurrection, Grab "Too Big To Fail" Debate & ShopBack Best-In-Class Layoffs with Shiyan Koh - E401

Shiyan Koh, Managing Partner of Hustle Fund, and ​​Jeremy Au talked about three main themes: 1. TikTok Trump vs. Biden Ban Resurrection: Jeremy and Shiyan delved into the USA political establishment's snowballing momentum to nationalize TikTok via divestment due to national security, anti-China, social media regulation and moderation of public opinion concerns. China is most likely to veto a forced sale of the TikTok algorithm and team, thus leading to a possible total market exit of TikTok rather than the sale desired by American legislators. They concluded on the low likelihood of a ban before the US election to avoid turning off Gen Z and millennial Democrat voters but speculated on the higher likelihood of an eventual ban in the Biden 2024 electoral victory scenario since Trump is now against the Ban. They also touched on the negative impact on mental health, and the importance of encouraging in-person interactions outside of digital platforms. 2. Grab "Too Big To Fail" Debate: Jeremy and Shiyan critiqued the recent media speculation of Grab being "too big to fail," arguing that this concept traditionally applies to financial institutions with systemic importance, rather than tech companies. They also debated Grab's competitive position, its eventual profitability after years of market subsidies, and how fast Gojek would be able to substitute for Grab's logistics, mobility, and consumer operations. 3. ShopBack Best-In-Class Layoffs: Jeremy and Shiyan discussed ShopBack’s layoff and commended the professional handling by the founder and executive team. They highlighted the transparent communication regarding their prior decision-making, comprehensive support package (e.g. severance, immigration support, job transition services, etc.), and the surrounding tech industry's boom and bust cycles. They discussed whether this was comparable to Silicon Valley packages and whether this approach had been best-in-class in terms of process in Southeast Asia. Jeremy and Shiyan also discussed the impact of rapid scaling on startup sustainability, the regulation of social media platforms, and the nuances of employment and layoff policies in different jurisdictions. Watch, listen or read the full insight at https://www.bravesea.com/blog/tiktok-us-ban Nonton, dengar atau baca wawasan lengkapnya di https://www.bravesea.com/blog/tiktok-us-ban-in 观看、收听或阅读全文，请访问 https://www.bravesea.com/blog/tiktok-us-ban-cn Get transcripts, startup resources & community discussions at www.bravesea.com WhatsApp: https://whatsapp.com/channel/0029VakR55X6BIElUEvkN02e TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea TikTok: https://www.tiktok.com/@jeremyau Instagram: https://www.instagram.com/jeremyauz Twitter: https://twitter.com/jeremyau LinkedIn: https://www.linkedin.com/company/bravesea English: Spotify | YouTube | Apple Podcasts Bahasa Indonesia: Spotify | YouTube | Apple Podcasts Chinese: Spotify | YouTube | Apple Podcasts Join the Singapore Growth & AI Summit with Sean Ellis! Use code seanbrave7 today.