BuzzFeed's Decline from $1.7 Billion Valuation to Near Bankruptcy Examined

An early investor in BuzzFeed attributes the digital media company's decline from a $1.7 billion valuation to the brink of bankruptcy to management failures.

13 Mar, 17:57 — 13 Mar, 17:57

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marketwatchMostly Factual59d ago

How BuzzFeed spiraled from a $1.7 billion media darling to the brink of bankruptcy

An early investor in BuzzFeed blamed the former digital-media darling’s decline on its management: “They blew it.”

By Lukas I. Alpert

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BuzzFeed's Decline from $1.7 Billion Valuation to Near Bankruptcy Examined

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How BuzzFeed spiraled from a $1.7 billion media darling to the brink of bankruptcy

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