Part 6/11:
E-commerce partnerships: They promote and sell products, including some eyebrow-raising items like branded sex toys, with content tailored around these partnerships.
Venture Capital/Spac IPOs: BuzzFeed has sought special purpose acquisition companies (SPACs) and other forms of venture capital to stay afloat, despite not turning a profit.
This financial picture reveals a company more reliant on external funding than on sustainable, self-generated income from content alone.