jonah-peretti

Here’s What BuzzFeed’s New Investors Really Think About Media

Nitasha Tiku · 08/11/14 02:15PM

Last night Andreessen Horowitz, the same venture capital firm that invested in Facebook and Twitter, announced a $50 million investment in BuzzFeed that presumes the value of the company to be $850 million. General partner Chris Dixon compared BuzzFeed to Tesla, Uber, and Netflix because of its deep emphasis on technology and "world-class systems for analytics, advertising, and content management."