Hey Vivek Thanks for reaching out, nice to finally hear from you.
Im glad you think BuzzFeed is undervalued I totally agree!, he wrote.
Make BuzzFeed a bold, distinctive brand.
Vivek Ramaswamy, BuzzFeed CEO Jonah PerettiGetty Images
He said the company should Go for talents across the political and cultural spectrum.
Dont be afraid to challenge your audiences.
And were definitely not going to issue an apology for our Pulitzer prize-winning journalism.
Below is the opening.
To the Board of Directors of BuzzFeed,
BuzzFeed has lost its way.
Now, the social-internet model is dying or dead, and BuzzFeed is caught without a viable strategy.
Im not alone in believing that.
BuzzFeed went public in December 2021 at a valuation of $1.5 billion.
At current prices, its still down by over 75% from listing.
The public markets have spoken.
I view that as an opportunity.
