4 totally unverified theories about Vivek Ramaswamy and BuzzFeed [Business Insider]
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Source: Business Insider
What's going on? We don't know. So we're guessing here. Why is Vivek Ramaswamy buying up shares of BuzzFeed? Let's start by stating the obvious: It is very funny to type the sentence "Why is Vivek Ramaswamy buying up shares of BuzzFeed?" Ramaswamy, as you may recall, was a fringe candidate in the most recent Republican presidential primary, where his platform consisted of praising Donald Trump and promising to " Take America First further than Trump ." He dropped out of the race in January, after spending a reported $30 million of his own money on the campaign and coming in fourth in the Iowa caucuses. And BuzzFeed is BuzzFeed — the cheeky digital publisher that sprouted up alongside Facebook and, at one point, seemed poised to become the future of media. At its peak, it sported a valuation of nearly $2 billion and had a knack for commanding the attention of millennials, advertisers, and old media giants like The New York Times, which worried that BuzzFeed would displace it
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