Submitted by KennyFulgencio t3_10mq9mq in news
TimeRemove t1_j64jt3g wrote
I would say this will hurt their reputation, but it is BuzzFeed. Their articles are just stolen Reddit threads/TickTock videos/Tweets.
I'd not buy their stock on this news, I'd sell it, as it will be easier than ever for competitors to enter their segment, and they have no real moats. BuzzFeed's entire value is their name, which I value at $3.5
Flatline2962 t1_j64ra34 wrote
That's actually an excellent point. If they're not using their own in-house technology to build articles, then nothing is stopping anyone from doing what they're doing.
asdaaaaaaaa t1_j6659i1 wrote
Why do you think their value was already so low? That's been the joke with Buzzfeed for ages, and why they have such a bad reputation.
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