Buzzfeed News is the most unprofitable part of our business. We have other parts of the business that are profitable. If I were in his shoes, I would look to be sending a signal not just to employees but to investors with a document like that. And it's clear from the reaction of the stock, Dylan, that nobody on Wall Street believes him.
Buzzfeed was in a rough spot even before the ad market softened.
(00:21) Dylan Lewis discusses: - The shuttering of Buzzfeed News, the award-winning journalism part of Buzzfeed's business - What the ripple effects are for all investors (not just Buzzfeed shareholders) - Why he's looking forward to hearing from Meta Platforms' management this earnings season
(10:55) Dylan talks with Bill Mann about Softbank's early investment in Alibaba and the takeaway for investors.
Companies discussed: BZFD, META, BABA
Host: Chris Hill Guests: Dylan Lewis, Bill Mann Producer: Ricky Mulvey Engineer: Dan Boyd
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