BuzzFeed Inc. (BZFD)
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Vivek Ramaswamy reportedly moots overhaul for BuzzFeed
Former US presidential candidate Vivek Ramaswamy has reportedly urged Buzzfeed Inc (NASDAQ:BZFD) to overhaul its operations after increasing his stake in the company to 8.3%. He recommends cutting staff, focusing on video, and hiring new voices like former Fox News host Tucker Carlson.
Vivek Ramaswamy calls on BuzzFeed to cut staff and hire ‘top talents' like Tucker Carlson
Vivek Ramaswamy has called on digital media firm, BuzzFeed, to cut staff, invest in its audio and video capabilities, and hire high-profile “content creators” like Candace Owens and Tucker Carlson, in a letter to the media company's board.
Vivek Ramaswamy has a plan for BuzzFeed. There's just one problem.
Investor and former Republican presidential candidate Vivek Ramaswamy has laid out his plans for BuzzFeed. He envisions turning the company into a Twitter/X-style user-generated content company.
Vivek Ramaswamy Takes BuzzFeed (BZFD) Higher Again
BuzzFeed (NASDAQ: BZFD ) is among the media stocks that have come back to life in recent months. Indeed, shares of BZFD stock have surged from a low of less than 70 cents earlier this year to around the $3 level today.
New BuzzFeed Investor Vivek Ramaswamy Asks For Big Changes & Apology
Vivek Ramaswamy, who disclosed a big stake in BuzzFeed last week, sent a letter to the online publisher's board of directors asking for major changes from staffing and focus to the board makeup as well as an apology for previous reporting.
Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires
CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings' about the business
Vivek Ramaswamy targets BuzzFeed: Read his full letter here
BuzzFeed's board received a detailed letter from investor and shareholder Vivek Ramaswamy about the need for change at the media outlet, which he says has "lost its way."
Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way
Vivek Ramaswamy has issued a seven-page letter to BuzzFeed, urging the media company to add three more board seats and adapt its business model to survive amid a decimated market value.
Vivek Ramaswamy Buys Stake In BuzzFeed, Stock Price Jumps On News
Entrepreneur Vivek Ramaswamy has taken a 7.7% stake in BuzzFeed, according to a filing from the Securities and Exchange Commission (SEC). The former Republican presidential candidate's SEC filing revealed the acquisition came between March 14 and May 21, making up 2.7 million shares. Costs of the shares ranged anywhere between $1.54 and $2.
Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake?
Wall Street has countless stories of investors acquiring stakes in companies for which they seem like very bad fits—Bill Gates investing in Waste Management, America's leading garbage company; Warren Buffett getting into American Airlines, Delta, United, and Southwest a few years after calling the airline business a “death trap.” Yet Republican high-haired former presidential hopeful-turned-Trump campaigner Vivek Ramaswamy jumping into bed with left-leaning, listicle-heavy BuzzFeed is still likely to cause a double take.
4 totally unverified theories about Vivek Ramaswamy and BuzzFeed
Vivek Ramaswamy ran a failed campaign for the Republican presidential nomination. Now he owns 7.7% of BuzzFeed, the struggling digital media publisher.
