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A comment on BuzzFeed investors have pushed CEO Jonah Peretti to shut down entire newsroom. Parent comment

Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by droopyEyelids on Tuesday March 22, 2022 @03:30PM (#30770397)
Every time I change the oil in my car it loses me money, but it's important to the overall function of the car.
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Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by eatonphil on Tuesday March 22, 2022 @03:37PM (#30770476)
A CEO of a public company is responsible for selling investors on what he/she is doing. If News is fundamental to the company or to his vision then he is responsible for explaining that or selling that vision. If investors don't believe in it I don't blame them per se I'd just say the company either shouldn't be public or they should have a CEO that can reasonably explain to investors why they should care that News exists.
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Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by Apocryphon on Tuesday March 22, 2022 @03:43PM (#30770545)
Tale as old as time

https://news.ycombinator.com/item?id=30768059

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Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by manicdee on Tuesday March 22, 2022 @05:42PM (#30771952)
It’s much harder to go private than it is to go public. Blaming the CEO is a short sighted perspective.
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Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by eatonphil on Tuesday March 22, 2022 @07:43PM (#30773084)
Public companies can't choose their investors. They can choose their CEO.
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Re:BuzzFeed investors have pushed CEO Jonah Peretti to shut ... by naoqj on Tuesday March 22, 2022 @04:32PM (#30771129)
buzzfeed news is not important or even relevant to the overall function of buzzfeed.
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