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The American venture capital giant Andreessen Horowitz is in talks to invest in the social media platform Tiktok in the context of an effort led by Donald Trump to tear off the control of the popular video application of its Chinese owners.
The venture capital group, whose co-founder Marc Andreessen is a vocal supporter of the American president, is in talks to add new external investments that will buy Chinese investors from Tiktok, as part of an offer led by Oracle and other American investors to discover it from his Parental Company bytedance.
There was not yet consensus on the price of Tiktok, according to two people directly involved in the offer, although they added that the American branch was likely to be assessed according to its sales. Revenues in 2024 amounted to $ 36 billion worldwide, excluding China, the United States representing about one third, they said.
The offer recently emerged as the favorite before a deadline on April 5, when a federal law would prohibit the application in the country unless its owner based in Beijing does not sell the American arm to non -Chinese entities, according to several people familiar to the problem.
Andreessen invested early in Facebook and paid $ 400 million in the buyout of Elon Musk de Twitter in 2022, but is not an investor in Bytedance. The company was approached as Tiktok advisers and the White House sought to add a financial firepower to the current discussions. Andreessen planned to make an investment, said three familiar people with the discussions.
Blackstone Group and other major asset managers who are not already invested in Bytedance have also been approached as part of the talks at an advanced stage to divide Tiktok from his parent before the deadline, said the people.
Blackstone discussed the investment much less than $ 1 billion, while ADENSEN was interested in taking a greater participation, said that the sources, which warned that the talks were underway and that an agreement could not materialize. Reuters earned Blackstone’s interest earlier.
Andreessen Horowitz did not respond to requests for comments. Blackstone refused to comment. Tiktok did not immediately respond to a request for comments.
Andreessen’s talks are among the wider negotiations by the biggest American investors in Tiktok to take over the company alongside the Oracle software giant, in an offer intended to guarantee Trump that the video application is exempt from Chinese control and can continue to operate in the country.
The existing donors of Bytedance, in particular General Atlantic, Susquehanna, KKR and COATUE, seek to acquire additional participations in a Tiktok US filed company, previously reported the Financial Times.
Oracle, co -founded by Trump Ally Larry Ellison, would also take a small participation and secure American data from Tiktok, allowing Bytedance to continue managing his highly sought -after algorithm, which was a central request from the Chinese government.
Marc Andreessen’s close links with the Trump administration include helping to recruit staff from the US Musk US cost reduction unit, while Andreessen Horowitz’s former general partner, Sriram Krishnan, is a White House advisor for artificial intelligence.
The company is also a large investor in other companies operated by Musk, including its IA XAI company, which acquired X on Friday.
Additional Zijing Wu reports in Hong Kong
