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Vivek Ramaswamy spent $3.3 million to buy 8% of BuzzFeed. How much damage could he do with that stake?
Update, 5/23/24: After this article was published, BuzzFeed reached out to clarify that Ramaswamy didn’t notify anyone, from the C-suite down, that he was hoovering up shares. He started buying BZFD back in March, but the company only became aware of this on Wednesday, at the same time as everybody else. A spokesperson said this threw the leadership team off so much that they were double-checking their inbox spam folders to ensure nobody missed an email—such requests are a common courtesy...