Proposed TikTok Bill Adds Complexity for ByteDance Investors A bill aiming to compel ByteDance to divest TikTok is progressing through the U.S. Senate, following approval in the House. This move raises concerns for U.S. investors in ByteDance, including General Atlantic, Susquehanna International Group, and Sequoia Capital, who have already faced challenges due to the app's Chinese ties. The bill reflects growing worries about TikTok's potential national security risks. Additionally, U.S. investors are encountering increased pressure from state and federal authorities regarding their investments in Chinese companies. The situation is further complicated by ByteDance's status as a privately held company, making it difficult for investors to liquidate their stakes. The bill's potential impact on ByteDance's U.S. investors remains uncertain, with ongoing scrutiny likely to persist.