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Report: BuzzFeed Is Going Public in 2018

CASHING IN

Has turned down private buyers.

cheats/2017/03/29/report-buzzfeed-is-going-public-in-2018/170329-buzzfeed-public_h8anaa

BuzzFeed, which once began as a “great cat site,” is preparing to go public in 2018, according to a report by Axios. The site, which now has grown so large as to have a BuzzFeed Motion Pictures Studio in Los Angeles and an award-winning news vertical, has turned down past offers from media companies over long-term plans for an initial public offering. The site also plans to open a Texas bureau in Austin, it announced Tuesday.

Read it at Axios

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