NerdWallet’s IPO could make it worth $5 billion — or more than the value of Vice and BuzzFeed combined NerdWallet, positioned to become one of the most valuable media companies, was built by founder Tim Chen from home after he was laid off. Ivan De Luce 10.21.21 8:53 PM Markets
Newly profitable Buzzfeed is going public via SPAC — and eying a deal with Complex Networks Buzzfeed announced a public debut via SPAC this week, after CEO Jonah Peretti cut $30 million in expenses in 2020 to turn a profit. Ivan De Luce 6.24.21 4:00 PM Markets
HuffPost’s latest round of layoffs may stem from BuzzFeed’s plateau HuffPost is losing money, but Buzzfeed may be laying off HuffPost employees to stem its own decline. Ivan De Luce 3.9.21 10:04 PM Markets
The curious story of how CUSIP numbers became a Wall Street battleground CUSIP numbers are like a Dewey Decimal System for stocks and bonds. They’re also a source of illegal monopoly power, according to investor lawsuits. Doug Bailey 3.25.22 4:51 PM Markets
Media jobs plummet at Vox, Vice, and Buzzfeed in the midst of Coronavirus With millions of jobs lost to the Coronavirus crisis, the media industry is barely hanging on. Meanwhile, Business Insider continues to hire. Julia Gray 4.13.20 5:37 PM Innovation
The US media industry is facing challenges - and data shows it's not just newspapers Data shows the media industry, and not just stale old print publications dependent on bike routes and classifieds, is facing upheaval. Jon Marino 12.30.19 3:31 PM Innovation
Amid union recognition walkout, Buzzfeed's social following is stagnating The cornerstone of new media may have hit a ceiling on the social media networks they built themselves on, and it comes at a time where an employee union wants to be recognized. James Mattone 6.17.19 5:40 PM People
No one knows who’s on the hook if a DAO gets sued Believers say DAOs are the future of work, but it’s not clear who gets held accountable if something goes wrong. Doug Bailey 3.16.22 4:37 PM Crypto