A VC who was part of a deal that tried to buy TikTok for $20 billion says US national security concerns of the app are valid

Anis Uzzaman, CEO and general partner Pegasus Tech Ventures Pegasus Tech VenturesIf Anis Uzzaman, CEO and managing partner of venture from Pegasus Tech Ventures had a chance to invest in TikTok parent company ByteDance today, he would probably take it, he told Business Insider. But Uzzaman is probably better known these days as a major backer of one of TikTok's biggest US competitors, Los Angeles-based Triller. Triller tried to buy TikTok for $20 billion earlier this year. And Uzzaman also had a chance to invest in TikTok when it was in its earlier incarnation, Musical.ly. As an investor deeply knowledgeable about this area, who also has operations in China, he says the US isn't wrong to be fearful of how China could misuse Americans' data if it chose to one day. "People don't realize how dangerous this data can be," he said. Visit Business Insider's homepage for more stories. If Anis Uzzaman, CEO and managing partner of Pegasus Tech Ventures, had a chance to invest in TikTok's parent ByteDance today, he would probably take it, he told Business Insider, but only if the Trump administration's war with the Chinese-headquartered company didn't kill its growth. That's a big if. On To keep reading about A VC who was part of a deal that tried to buy TikTok for $20 billion says US national security concerns of the app are valid, Click on the link. Seoul, Korea
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