Vivek Ramaswamy, a former Republican presidential candidate, has acquired an 8.37% stake in BuzzFeed and is pushing for significant changes at the digital media company. In a letter to BuzzFeed's board, Ramaswamy called for the addition of three new board members, large-scale job cuts, and a shift towards more conservative voices. He specifically suggested hiring right-wing commentators such as Tucker Carlson, Candace Owens, and Aaron Rodgers. Ramaswamy criticized BuzzFeed for losing its direction and emphasized the need for a cultural shift within the company. BuzzFeed's market value has dramatically declined from $1.5 billion to under $100 million, prompting Ramaswamy's intervention. BuzzFeed CEO Jonah Peretti responded to Ramaswamy's letter, indicating fundamental disagreements about the company's business drivers.
So Vivek Ramaswamy has a long list of BuzzFeed demands (tldr: turn it into Elon Twitter 2.0, which…) but no explanation of how he wrenches Jonah Peretti’s control of the company away so 🤷♂️. https://t.co/AhX8Lf5X3E
Vivek Ramaswamy can’t even dunk on Buzzfeed right https://t.co/d0OjBl5gJI
THIS IS THE WAY: @VivekGRamaswamy demands BuzzFeed hire Bill Maher, Tucker Carlson, Charles Barkley and Aaron Rodgers. https://t.co/KZdgWpzHX7
Vivek Ramaswamy calls for changes to BuzzFeed after acquiring activist stake https://t.co/Fr6GGmykrk
Failed Republican candidate Vivek Ramaswamy has purchased a stake in BuzzFeed, but whether he can wrestle control of the site away from its founder Jonah Peretti is an open question. https://t.co/1gwb0D6zQX
Can Vivek Ramaswamy Save BuzzFeed? The Struggling Media Company Is Skeptical. https://t.co/zJSPdelVQb
Vivek Ramaswamy demands BuzzFeed hire Bill Maher, Tucker Carlson, Charles Barkley and Aaron Rodgers https://t.co/N8jbu08Xh5 https://t.co/dpDcYKrmBu
.@VivekGRamaswamy demanded a "major shift" at media outlet BuzzFeed after buying a stake in the company, according to a report. https://t.co/hzHthxua6H
Would Vivek Ramaswamy Make a Good VP for Trump? https://t.co/9cY4ZgNpQg
Vivek Ramaswamy recently invested in BuzzFeed. Now he wants the site to fire much of its staff and make videos for Candace Owens and Tucker Carlson. https://t.co/YSNzqJc1kM
Vivek Ramaswamy met with resistance at BuzzFeed, urges ‘major shift’ to save struggling company https://t.co/awAZp8phw5 via @BIZPACReview
Politician-turned-activist Ramaswamy pursues BuzzFeed, demands three board seats while calling for the digital media firm to redefine itelf by including a broader range of political voices. https://t.co/nS58XGr5wH
🔴 Vivek Ramaswamy pressures BuzzFeed to hire Tucker Carlson and shift to the Right https://t.co/uA3BBN7BSH
After buying a large stake in Buzzfeed, Vivek Ramaswamy is pushing the struggling digital media company to embrace viewpoint diversity. | @dezward01 https://t.co/VhhCTnzVBK
Vivek Ramaswamy says he now holds an 8.37% stake in BuzzFeed and the company should hire talent from “across the political and cultural spectrum,” including right-wing commentators such as Candace Owens, Tucker Carlson and Aaron Rodgers. https://t.co/StEG2MCssQ
New BuzzFeed Investor Vivek Ramaswamy Asks For Big Changes & Apology https://t.co/IJGgpdBGrB
Pro-Trump Investor Vivek Ramaswamy Says BuzzFeed Should Make ‘Large-Scale’ Layoffs and Hire Candace Owens, Tucker Carlson, Aaron Rodgers https://t.co/QJhXU0WBDp via @variety
Pro-Trump Investor Vivek Ramaswamy Says BuzzFeed Should Make 'Large-Scale' Layoffs and Hire Candace Owens, Tucker Carlson, Aaron Rodgers https://t.co/StEG2MCssQ
Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires https://t.co/zY2UXxbX9R
May SEC Filing Shows Vivek Ramaswamy Has Purchased an Activist Stake In BuzzFeed via @gatewaypundit https://t.co/joCZYM0MPC
Vivek Ramaswamy, who recently acquired an 8.37% stake in BuzzFeed, is calling for job cuts at the company and requesting three board seats. https://t.co/JwUsjFfJxb
Vivek has bought ~9% of BuzzFeed and sites the Hunter Biden $LAPTOP story as a key example of their journalist malfeasance 💻 Can he make BuzzFeed great (for once)? https://t.co/S0JUo8jjA4 https://t.co/0bfcGxFHiZ
Vivek Ramaswamy Calls for New Buzzfeed Board Members, Heavy Cost-Cutting After Major Investment https://t.co/C8FtaqYEhI
Vivek Ramaswamy Calls for New Board Members and Cuts at BuzzFeed in Letter to Jonah Peretti https://t.co/Go4aLdJHb6
Here's Jonah Peretti's response to Vivek Ramaswamy: "Based on your letter, you have some fundamental misunderstandings about the drivers of our business..." And Vivek's letter: "BuzzFeed has lost its way." https://t.co/GbRGwaxLiK
Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way BuzzFeed's market value has plummeted from around $1.5 billion to just under $100 million Former 2024 GOP presidential candidate Vivek Ramaswamy has issued a seven-page letter to BuzzFeed's board of… https://t.co/AOd6xgV9WH
Letter: Vivek Ramaswamy calls for BuzzFeed to axe staff, focus on video, and hire new voices, like Tucker Carlson, after raising his stake in BuzzFeed to 8.3% (@arogdc / Financial Times) https://t.co/Qp9ZzUR4Vd https://t.co/2m4Szh4iii
Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way: https://t.co/IrSpc8uiJ8 https://t.co/9HjeWmlAVx
Vivek Ramaswamy urges culture shift at BuzzFeed after building stake https://t.co/LTku7lx6v9
🚨 VIVEK PUSHES FOR BUZZFEED BOARD SEATS AND REVAMP ENTIRE COMPANY Vivek Ramaswamy has reportedly urged BuzzFeed to add 3 new directors and revamp its entire business model to avoid bankruptcy. BuzzFeed's market value has plummeted from $1.5 billion to under $100 million since… https://t.co/MGHT73CQdy
Former Republican presidential candidate Vivek Ramaswamy is calling for “large-scale” job cuts and more conservative voices at BuzzFeed, according to a letter to the company’s board that was reviewed by Bloomberg News https://t.co/8grZOFRAwG
BuzzFeed has a new activist investor: Former GOP presidential candidate Vivek Ramaswamy. https://t.co/5YV99zbx1T
NBCUniversal Sells $10.1 Million Worth of BuzzFeed Stock After Vivek Ramaswamy Discloses 7.7% Stake in Company; NBCU Sold $28.3 Million in Shares Last Year https://t.co/9fM1XU79xE via @variety
NBCUniversal cashed in on Vivek Ramaswamy’s activist play on BuzzFeed. https://t.co/ij4X0ll1lv