business Overview
| HQ |  Beijing, China |
| Business | Consumer applications (incl. TikTok, Douyin) |
| Founded | access_time 11 years ago (founded March 2012) |
| Company trajectory rank | TrueUp Rank #208 |
| Valuation | $140 billion TrueUp Rank #17 |
| Public / Private | Private |
| Lists | Consumer Social investor: Sequoia investor: Softbank Unicorns |
Bytedance is a consumer applications (incl. TikTok, Douyin) company with 958 job openings. It is currently valued at $140 billion as a private company. The company was founded in 2012.
Bytedance grid
Employee happiness →
Growth →
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local_atm Financials
| Valuation | 🦄$140.0 billion |
| Most recent funding date | ⚠️2 years ago |
| Total funding | $2.1 billion |
| Value 'created' (valuation - funding) | +$137.9 billion |
phonelink Products
| Top products | - Toutiao - TikTok - Helo - Douyin - News Republic - Vigo Video - Huoshan - Xigua Video - TopBuzz - BuzzVideo - FaceU |
| Primary customer type | emoji_people B2C |
| Is this really a tech company? | Definitely remove Network effects check Zero marginal costs to produce check Product improves over time check Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 79% would recommend Bytedance to a friend (2,415 reviews) better than 53% of tech co's 81% approve of the CEO Rubo Liang (253 reviews) worse than 64% of tech co's |
| Company mission | "Inspire creativity, enrich life." |
| Company culture links | Bytedance Mission and Corporate Structurenorth_east bytedance.com/en |
rule Policies
| % of open jobs that are remote | N/A |
| home_work Remote work policy | |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 58 TrueUp Rank #36 |
card_giftcard Benefits (US)
| Total value of benefits (annual estimate) | $5,000 (sentiment_dissatisfied OK) TrueUp Rank #7 |
| 401k match | 50% match |
401k match limit | 1000% of salary |
| If you make... | Your max 401k match is... |
| $50k base salary | $2,500 |
| $100k base salary | $5,000 |
| $150k base salary | $7,500 |
| $200k base salary | $9,500 |
flight_takeoff Paid vacation (1st year) | 22 days |
| child_friendly Maternity leave | 17 weeks |
| child_friendly Paternity leave | 6 weeks |
| Other employee benefits |