Vivek Ramaswamy Boosts BuzzFeed Stock With Board Letter: What You Need To Know
Vivek Ramaswamy Boosts BuzzFeed Stock With Board Letter: What You Need To Know
BuzzFeed Inc (NASDAQ:BZFD) shares are trading higher Tuesday after former 2024 presidential candidate Vivek Ramaswamy wrote a letter to BuzzFeed's board and revealed an increased stake in the company.
BuzzFeed Inc（納斯達克股票代碼：BZFD）股價週二走高，此前2024年前總統候選人維維克·拉馬斯瓦米寫信給BuzzFeed董事會，透露該公司的股份有所增加。
What Happened: In a post on X on Tuesday, Ramaswamy unveiled a new letter to BuzzFeed's board in which he argues that a "shakeup is required." Ramaswamy also noted that he is now the second-largest Class A shareholder of BuzzFeed with an 8.37% stake in the company.
發生了什麼：在週二的X帖子中，拉馬斯瓦米公佈了給BuzzFeed董事會的一封新信，他在信中辯稱 “需要進行改組”。拉馬斯瓦米還指出，他現在是BuzzFeed的第二大A類股東，持有該公司8.37％的股份。
"Nearly every legacy media company has failed its audience. The first one to openly admit it & make major changes should soar," Ramaswamy said in the post.
“幾乎每家傳統媒體公司都讓觀衆失望了。第一個公開承認這一點並做出重大改變的人應該會大放異彩。” 拉馬斯瓦米在帖子中說。
The news comes after an SEC filing from last week showed that Ramaswamy had acquired a 7.7% stake in BuzzFeed. The former presidential hopeful revealed this week that he has been buying shares of BuzzFeed since the end of January and noted that he plans to continue increasing his stake.
該消息是在美國證券交易委員會上週的一份文件顯示拉馬斯瓦米已收購BuzzFeed7.7％的股份之後發佈的。這位前總統候選人本週透露，自1月底以來，他一直在購買BuzzFeed的股票，並指出他計劃繼續增加股份。
"I own your stock because I believe BuzzFeed can still become a more valuable company than at its initial listing, but this requires a major shift in strategy," Ramaswamy said in his letter to the board.
拉馬斯瓦米在給董事會的信中說：“我之所以擁有你的股票，是因爲我相信BuzzFeed仍然可以成爲一家比首次上市時更有價值的公司，但這需要戰略的重大轉變。”
On the current trajectory, the former Republican presidential candidate argued that BuzzFeed faces a nonzero risk of bankruptcy given its small cash position relative to its debt, declining revenue base and the repayment of outstanding convertible debt coming due.
按照目前的軌跡，這位前共和黨總統候選人認爲，鑑於BuzzFeed相對於債務的現金狀況很小，收入基礎下降以及即將到期的未償可轉換債務的償還，BuzzFeed面臨着非零的破產風險。
In order to turn things around, Ramaswamy believes BuzzFeed should right-size its headcount for the AI-driven changes that are coming to its business, focus on creator-led audio and video content and distinguish itself from its competitors by admitting past journalistic failures and redefining its brand around the pursuit of truth.
爲了扭轉局面，拉馬斯瓦米認爲，BuzzFeed應該調整其員工人數，以適應其業務即將到來的人工智能驅動的變革，專注於創作者主導的音頻和視頻內容，並通過承認過去的新聞失敗並圍繞追求真相重新定義其品牌來將自己與競爭對手區分開來。
In order to pull off the turnaround, Ramaswamy also believes the company needs to diversify its leadership to include more Republican perspectives. Ramaswamy has nominated three new board directors and is asking BuzzFeed to add them to the leadership team by July 15.
爲了實現轉機，拉馬斯瓦米還認爲，該公司需要實現領導層的多元化，以納入更多的共和黨視角。拉馬斯瓦米已經提名了三名新的董事會董事，並要求BuzzFeed在7月15日之前將他們加入領導團隊。
Don't Miss: Thanks Vivek! Comcast Sells Part Of BuzzFeed After Stock Rally From Politician's Purchase
千萬不要錯過：謝謝 Vivek！在收購政客後股價上漲後，康卡斯特出售了BuzzFeed的部分股份
BZFD Price Action: BuzzFeed shares were up 3% at $2.89 at the time of publication, according to Benzinga Pro.
BZFD價格走勢：根據Benzinga Pro的數據，BuzzFeed股價在發佈時上漲了3％，至2.89美元。
Photo: Shutterstock.
照片：Shutterstock。
譯文內容由第三人軟體翻譯。