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lucasbelite t1_j64h0qn wrote

TIL that BuzzFeed is a publicly traded company. I consider them a step up from a random blog or comparable to a random account on substack. Who would invest in that garbage.

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epidemicsaints t1_j64n8yf wrote

Their video content is a whole other shebang and the written content is probably just busy work for the bodies in the office.

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HobbitFoot t1_j64jqs3 wrote

The company is one of the largest internet media companies that turns a profit. People are investing in a company that makes money.

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lucasbelite t1_j64p362 wrote

You need to reread their financials if you think they turn a profit.

> Net Profits:

> BuzzFeed Inc’s net profit fell -609.35% since last year same period to $-26.86Mn in the Q3 2022.

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