Vivek Ramaswamy thinks he can save BuzzFeed with these three weird tricks
Before taking a slight hit to his wealth last year, Vivek Ramaswamy was one of America’s twenty youngest billionaires. His latest venture — a $3 million investment to save BuzzFeed — has Cockburn questioning how he’s made it this far in business. Last Thursday, news broke that Ramaswamy has acquired a 7.7 percent stake in the ailing digital media company, briefly sending its stocks soaring over 80 percent. The former presidential candidate had apparently been snatching up shares since March, but BuzzFeed, like everyone else, only found out last week. Since then, Ramaswamy has increased his stake to 8.37 percent, becoming the company’s second largest Class-A shareholder.
