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Lessons learned in The Building of Lost Causes
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What We’re Reading
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.
The Hollywood Reporter / Alex Weprin / May 22, 2024
“According to an SEC filing, Ramaswamy owns shares and call options worth just under $4 million, and equivalent to about 7.7% of BuzzFeed shares…An activist stake does not always lead to a hostile takeover attempt (as we saw with Elon Musk and Twitter), but it does usually result in the activist pushing for changes to the company, and occasionally cutting a deal, for board seats or other options.”
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