walt-disney-co

Nitasha Tiku · 04/29/14 09:40AM

Disney was in talks to buy Buzzfeed, but negotiations failed when the site asked for "upwards of $1 billion," says Fortune. That could mean Buzzfeed's valuation grew 67 percent since September, when we heard the company thought it was worth $600 million. The 1 Downside to High Valuations: it's hard to find a buyer.