CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings’ about the business
Vivek Ramaswamy, the former US Republican presidential candidate, urged BuzzFeed to cut staff and hire conservative commentators like Tucker Carlson after building a stake in the struggling online media firm.
In response Jonah Peretti, BuzzFeed’s co-founder and CEO, claimed Ramaswamy had “some fundamental misunderstandings” about its business, but offered to meet with him.
Ramaswamy, a prominent rightwing supporter of Donald Trump and frequent media critic, now owns 8.4% of BuzzFeed after disclosing his investment last week.
They’re not. This is just one dude who owns a small stake yelling about it. He has no power to make it happen unless he convinces owners of at least 50% of the shares that this will make them money.
thats great news. thanks!
Conservative politics specifically exclude potential customers, no business that actually wants to make money that isn’t being artificially sustained can exist like that