Vivek Ramaswamy pushes for BuzzFeed board seats, says company has lost its way
BZFDBuzzFeed(BZFD) foxbusiness.com·2024-05-28 18:15

Former 2024 GOP presidential candidate Vivek Ramaswamy has issued a seven-page letter to BuzzFeed's board of directors, reviewed by FOX Business, urging the troubled media company to add three more directors he has vetted and adapt its business model to survive as the company hemorrhages money. Since going public in December 2021, BuzzFeed's market value has plummeted from around 1.5billiontojustunder1.5 billion to just under 100 million. While shares of BuzzFeed have rallied 180% this year, the recent boost coincided with re ...