OMG, BuzzFeed is worth 1.5 billion?? WIN

OMG, BuzzFeed is worth 1.5 billion?? WIN

How much is it worth to be shareable? BuzzFeed founder Jonah Peretti is hoping for about $1.5 billion.

BuzzFeed has agreed to go public through an acquisition by 890 Fifth Avenue Partners, a publicly traded company with no purpose except to buy another company. (890 Fifth Avenue Partners is part of a recent wave of special purpose acquisition companies, or SPACs, which some startups are using to go public.) As part of the deal, BuzzFeed is also acquiring Complex Networks, another media…


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