Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires

www.theguardian.com

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Vivek Ramaswamy uses Buzzfeed stake to demand staff cuts, conservative hires

www.theguardian.com

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politics English • 7 months ago

CEO Jonah Peretti pushed back on rightwing Trumpist, saying he had ‘fundamental misunderstandings’ about the business

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.

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10•7 months ago
Conservative politics specifically exclude potential customers, no business that actually wants to make money that isn’t being artificially sustained can exist like that

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