Buzzfeed Shares Crater: Down 60% As SPAC Bloodbath Worsens

submitted by Chipit from zerohedge.com

all 1 comments
sorted by:
top
newinsightfulfun

[–]Tiwaking 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

We have noted many times that BuzzFeed, a languishing darling of the mid-2010s VC love affair with "hip" "progressive" digital-media companies, has never been profitable, and while it's revenues have climbed somewhat in recent years, it remains modestly unprofitable.

Buzzfeed was a 'darling'? Im going to have to look this word up:

darling (plural darlings)

A person who is dear to one.

A kind or sweet person; sweetheart.

An affectionate term of address. Synonyms: see Thesaurus:sweetheart

(by extension) A person or thing very popular with a certain group. a media darling a darling of the theatre