Vivek Ramaswamy blasted as he advises BuzzFeed to hire Tucker Carlson and Aaron Rodgers to solve crisis
NEW YORK CITY, NEW YORK: Former GOP presidential contender Vivek Ramaswamy allegedly demanded BuzzFeed hire conservative political commentator Tucker Carlson and the New York Jets quarterback Aaron Rodgers in order to turn around things at the struggling digital media company.
Ramaswamy has acquired an 8.3% stake in the failing media firm over the last three months.
In a recent letter to BuzzFeed's board of members, the biotech entrepreneur claimed the company "has lost its way" and advised massive layoffs along with hiring right-wing figures like Carlson and NFL star Rodgers, according to The Hill.
BuzzFeed's successful journey in the 2010s came to a halt due to the pressure from other social media platforms like Facebook and X (formerly Twitter). The firm's sales plummeted after it went public in the stock market in 2021, leading to large-scale staff cuts and shutting its prominent news division last year.
Vivek Ramaswamy's suggestions for Buzzfeed's revival
Along with Carlson and Rodgers, Ramaswamy suggested that the company reach out to other prominent figures like Bill Maher and Charles Barkley, according to the New York Post.
Furthermore, the Donald Trump ally also demanded Buzzfeed to acknowledge they "repeatedly lied on issues of national importance" and "echoed easy, politically convenient narratives in pursuit of clicks."
However, BuzzFeed's leadership dismissed the stakeholder's criticisms and stated that they will not give in to his suggestions.
In a written response to Ramaswamy's letter, the firm's co-founder and CEO Jonah Peretti said the entrepreneur had a "fundamental misunderstanding" about the company's workings.
"I'm very skeptical it makes business sense to turn BuzzFeed into a creator platform for inflammatory political pundits," the founder wrote, adding, "And we're definitely not going to issue an apology for our Pulitzer Prize-winning journalism."
However, in an interview on Semafor's 'Mixed Signals' podcast, the Republican pointed out the opportunity to privatize the company in light of its financial crisis.
"This is a company that has more debt than cash. That debt comes due this December. So anybody who thinks that Jonah Peretti is the person in control of this business because some piece of paper says he has voting rights over the shares is delusional," Ramaswamy said.
He is BuzzFeed's second-largest Class A shareholder, with nearly three million shares. However, as of last December, Peretti and his associates held 96% of the firm's Class B shares, which could offer about 64 percent voting power.
Internet slams Vivek Ramaswamy's suggestion of commentators for BuzzFeed
Netizens slammed Ramaswamy for advising BuzzFeed to hire Carlson and Rodgers to help its revival.
One user commented on MSN, "Viv just out there trying to push his MAGA agenda, They might have to rename it Buzz-kill Feed." Another remarked, "He so desperately wants to be relevant in America!"
A person wrote on X, "'We will pollute the brand with right wing grifters' he said winningly." Another asked, "So he literally wants to kill Buzzfeed?"
Someone else said, "What worries me is that as newspapers disappear, and other media get mercilessly bashed by the likes of @VivekGRamaswamy and even some within the media and then taken over, people will forget what the point of journalism is supposed to be."
"We will pollute the brand with right wing grifters" he said winningly
— Mike Hamm (@mike_hamm) May 28, 2024
What worries me is that as newspapers disappear, and other media get mercilessly bashed by the likes of @VivekGRamaswamy and even some within the media and then taken over, people will forget what the point of journalism is supposed to be. https://t.co/G4l3ORcocP
— malcolm beith (Janes.com/Small Wars Journal) (@mbeith) May 29, 2024
An individual remarked on Facebook, "Guy thinks he has any say in business decisions by owning less than 10% of it LOL."
"Go home, 'swamy. You're irrelevant," someone else chimed in.
This article contains remarks made on the Internet by individual people and organizations. MEAWW cannot confirm them independently and does not support claims or opinions being made online.