Vivek Ramaswamy, a onetime conservative presidential candidate, has acquired an 8% stake in BuzzFeed and is pushing for a strategic overhaul due to the company's looming debt crisis. Ramaswamy aims to influence CEO Jonah Peretti's decisions by leveraging the financial situation. He has also discussed potential media ventures with tech figures like Peter Thiel and Elon Musk.
Vivek Ramaswamy suggests one potential path to wrest control of BuzzFeed, and Jonah Peretti offers broad thoughts on BuzzFeed's current focus on entertainment (@semaforben / Semafor) https://t.co/93cyuqYzN6 https://t.co/xUXdrsLLiN
.@nayeema scoop: Vivek Ramaswamy chatted w Elon Musk and Peter Thiel about a conservative media rollup in 2020 https://t.co/B1VU2x34WY
Vivek Ramaswamy, who recently acquired a stake in BuzzFeed, at one point joined a call with tech titans Peter Thiel and Elon Musk to talk over a new media venture. https://t.co/J4jNQ1QSS6
🟡 SCOOP: Vivek Ramaswamy says his new investment in BuzzFeed isn’t just a stunt, and suggested that the company’s approaching debt crisis will force CEO and founder Jonah Peretti to accede to his demands. https://t.co/nztWaPsbPa
Onetime conservative presidential candidate Vivek Ramaswamy purchased an 8% stake of BuzzFeed and is calling for an ideological (and financial) shakeup in the company's strategy. Our deep dive into what went wrong at the digital media firm: https://t.co/5bbbMYM3Vw
Vivek Ramaswamy aims to rework BuzzFeed to make it relevant https://t.co/IDUAzv6X7R https://t.co/M0WmUiB8YQ