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Shark Tank investor Kevin O'Leary is the owner of O'Leary Financial Group, which includes O'Shares Investment Advisers and O'Leary Ventures. He is also the founder of O'Leary Fine Wines and a best-selling author. In the ABC series, Kevin is known for his straightforward approach and for predicting whether a business will fail or succeed.
A clip was posted to Shark Tank investor Kevin O'Leary's official Instagram account on January 12, 2025. In it, Kevin talked about TikTok becoming an "American syndicate," he shared that US business owners were bidding to buy the platform. He continued stating that the main purpose of this was to ensure safety and follow American laws. Kevin said:
"We have to have the government on our side with the way we're gonna rewrite this to assure everybody that this is not going to be spyware. This will be an American syndicate and we will adhere to the law."
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The video caption mentions:
"It’s about ensuring this platform aligns with American laws and security standards. No spyware, no compromises. Just a future-focused solution for one of the world’s most powerful social media platform."
It continues further highlighting the main focus of making the platform a place for "trust" and "innovation." The caption says:
"We’re ready to cooperate with any administration to get this right. This isn’t just about money, it’s about trust, innovation, and keeping the platform in the hands of an American syndicate."
According to his official ABC bio, Kevin has written best-selling books such as Cold Hard Truth on Men, Women and Money and Cold Hard Truth on Family, Kids and Money.
Shark Tank investor Kevin O'Leary talks about Tiktok's future
In the clip, Shark Tank investor Kevin discussed the possibility of TikTok being sold. According to O'Leary, this won't just be a "business deal" but is an opportunity to "ensure" that American laws and security measures are taken on the platform. He mentioned the influence of TikTok, which is one of the most powerful social media platforms. Kevin explained:
"Frank and I think this is going to go around $20 billion. But we don't yet know, we haven't seen the data room, there is no data room. The company is not yet for sale."
The Shark Tank investor claimed that US business owners have already started to bid on Tiktok even though the platform is not on sale yet. As per Kevin, with the assistance of the executive branch under Biden and Trump’s team at Mar-a-Lago, measures will be taken to "solidify the plans." Kevin further elaborated:
"That's a decision they have to make after the justices render their decision. The key here is everybody can win in this situation, what we need done and let me give you the timing of it, it's very unique."
He concluded the conversation by stating that the purpose of taking this step is to ensure the "platform aligns with American laws and security standards" and there is "no spyware, no compromises." Viewers can stream Shark Tank exclusively on ABC. Fans can follow Kevin O'Leary on his official Instagram account.
