# BuzzFeed The digital-media company founded by [[Jonah Peretti]] in 2006 on a viral, social-optimized content model. It built a serious newsroom in [[BuzzFeed News]] (a 2021 Pulitzer winner) but shut it down in 2023; after a failed 2021 SPAC its stock collapsed, and it has since sold off Complex and First We Feast and drawn an activist stake from [[Vivek Ramaswamy]] — the archetype of the venture-funded digital-media boom and bust. > [!note] Stub > Minimum-viable page created to support the [[BuzzFeed Timeline]]. Expand with the viral model, the SPAC, and the asset sell-offs.