We keep an eye out for the most interesting stories about Labby subjects: digital media, startups, the web, journalism, strategy, and more. Here’s some of what we’ve seen lately.
“BuzzFeed’s bankers at UBS Group AG are running a formal sale process and initially asked for more than $70 million…The clock is ticking. BuzzFeed has more than $100 million in debt, and holders can ask to be paid back in December. BuzzFeed doesn’t have that kind of cash and, after years of losing money, shares have declined 95% since it went public in 2021.” —ND
Tags:
BuzzFeed,
Complex,
Complex Networks,
First We Feast,
Hot Ones
