Buz Investors Higher Paycom Stock Prices (NYSE:PAYC) stock has been a stellar performer since it went public in April 2014.

UK public sector net borrowing reported a deficit in June

United Kingdom Public Sector Net Borrowing | Data | Chart

CURRENCY INVESTORS  UK public sector net borrowing  Public sector borrowing including banks in the UK increased to GBP 6.28 billion in June 2017 from GBP 4.09 billion in the same month a year earlier, way above market expectations of GBP 4.3 billion. Excluding banks, the public sector had to borrow GBP 6.85 billion to balance the books, up 43 percent compared with the same month last year. Spending on debt interest jumped 33 percent to GBP 4.9 billion, the highest for any month of June since 2011 on the back of rising inflation. Public sector net debt increased by GBP 128.5 billion from the previous year to GBP 1,753.5 billion at the end of June, equivalent to 87.4 percent of GDP. Government Debt in the United Kingdom averaged -4058.08 GBP Million from 1993 until 2017, reaching an all time high of 12312 GBP Million in January of 2017 and a record low of -20084 GBP Million in April of 2012.



 UK public sector net borrowing

United Kingdom Public Sector Net Borrowing

In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for – United Kingdom Public Sector Net Borrowing – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Borrowing – actual data, historical chart and calendar of releases – was last updated on July of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-6278.00 -6388.00 12312.00 -20084.00 1993 – 2017 GBP Million Monthly
NSA

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LasVegas Cannabis Market  Recreational marijuana has been an especially hot topic in the United States after Nevada became the fifth state to have a legal program on July 1st.

2 Public Companies Capitalizing On #LasVegas Cannabis Market

2 Public Companies Capitalizing On #LasVegas Cannabis Market

LasVegas Cannabis Market  Recreational marijuana has been an especially hot topic in the United States after Nevada became the fifth state to have a legal program on July 1st.

FOREX INVESTORS Press Release  LasVegas Cannabis Market  Recreational marijuana has been an especially hot topic in the United States after Nevada became the fifth state to have a legal program on July 1st.

Companies levered to the Nevada marijuana market have benefited greatly from this and we want to highlight 5 companies levered to this opportunity.

• mCig (MCIG) issued a shareholder update last week and reported that its Grow Contractors division will shatter its previous record revenue numbers after it took on cultivation management contracts and delivered on its plan for cultivation and production ownership. Grow Contractors has a proven track record of success in Nevada and the boom in the state has led to an influx of requests for work. We are favorable on the company’s diverse operating structure, attractive debt-free balance sheet, its improving fundamentals, and its growth prospects, especially in Nevada and California.



LasVegas Cannabis Market

 

 

• Terra Tech (TRTC) is one of the best-known marijuana stocks and the company has benefited the combination of its leverage to the Nevada market and its investor awareness. While we are favorable on the company’s brand recognition, we are cautious with the shares due to Terra Tech’s financial structure which is dilutive in nature. The company has tried to raise capital through private placements but has not been successful. Terra Tech has only been able to raise capital by issuing and selling stock and this is not a shareholder friendly way to raise money. We would become more favorable on the firm if it sold off one of its subsidiaries (Edible Gardens) to support its cannabis related capital needs.

 

 

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BUZ INVESTORS UK public sector net borrowing Public sector borrowing including banks in the UK increased to £4.37 billion in March 2017 from £3.53 billion a year earlier and above market expectations of £1.5 billion. Excluding banks, t

UK public sector net borrowing reported a deficit in May

United Kingdom Public Sector Net Borrowing  | Data | Chart

BUZ INVESTORS UK public sector net borrowing  Public sector borrowing including banks in the UK decreased to £5.99 billion in May 2017 from £6.33 billion in the same month a year earlier and below market expectations of £7 billion. Excluding banks, the public sector had to borrow £6.71 billion to balance the books, the lowest May borrowing since 2007, as value-added tax receipts rose 4.3 percent from the previous year to £11.2 billion, the highest value on record for a May month. Public sector net debt increased by £121.6 billion from the previous year to £1,737.3 billion at the end of May, equivalent to 86.5 percent of GDP. Government Debt in the United Kingdom averaged -4048.27 GBP Million from 1993 until 2017, reaching an all time high of 12297 GBP Million in January of 2017 and a record low of -20084 GBP Million in April of 2012.

UK public sector net borrowing

United Kingdom Public Sector Net Borrowing

In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for – United Kingdom Public Sector Net Borrowing – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Borrowing – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
-5993.00 -8675.00 12297.00 -20084.00 1993 – 2017 GBP Million Monthly
NSA

 

BUZ INVESTORS Snap Ups the Ante (NYSE:SNAP) has had enough of Facebook Inc (NASDAQ:FB) building its clones over and over again. Following last week’s introduction by Facebook of new “

Snap plunges 18% on first earnings report as public company

|Chart | Calendar   | TRADE NOW | Snap

Snap dives 20% as first earnings report misses on financials, users

BUZ INVESTORS PRESS RELEASE Snap plunges 18% Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.

BUZ INVESTORS PRESS RELEASE  Snap plunges 18%  Snap Inc. (NYSE: SNAP) today announced financial results for the quarter ended March 31, 2017.

First Quarter 2017 Financial Highlights:

 

 

Three Months Ended March 31, Percent
2017 2016 Change
(dollars in thousands)
(Unaudited) (NM = Not Meaningful)
Revenue $ 149,648 $ 38,798 286 %
Net loss(1) $ (2,208,837 ) $ (104,576 ) NM
Adjusted EBITDA(2) $ (188,243 ) $ (93,234 ) 102 %
Other Financial Highlights
Cash, cash equivalents, and marketable securities $ 3,242,556 $ 987,368
Cash used in operating activities $ (154,997 ) $ (92,541 )
Free Cash Flow(3) $ (172,990 ) $ (104,993 )
Capital expenditures $ (17,993 ) $ (12,452 )




Snap plunges 18%

>>>TRADE NOW<<<

(1) Net loss for Q1 2017 includes $2.0 billion of stock-based compensation expense, primarily due to the recognition of expense related to RSUs with a performance condition satisfied on the effectiveness of the registration statement for our initial public offering.
(2) Adjusted EBITDA is defined as net income (loss), excluding interest income; interest expense; other income (expense) net; income tax benefit (expense); depreciation and amortization; and stock-based compensation expense and related payroll tax expense.
(3) Free Cash Flow is defined as net cash used in operating activities, reduced by purchases of property and equipment.
Note: For adjustments and additional information regarding the non-GAAP financial measures discussed, please see “Non-GAAP Financial Measures” and “Reconciliation of GAAP to Non-GAAP Financial Measures” below.

Operational Highlights

  • Daily active users (DAU)(1) – DAUs grew from 122 million in Q1 2016 to 166 million in Q1 2017, an increase of 36% year-over-year. DAUs increased 5% quarter-over-quarter, from 158 million in Q4 2016.
  • Average revenue per user (ARPU)(2) – ARPU was $0.90 in Q1 2017, an increase of 181% over Q1 2016 when ARPU was $0.32. ARPU decreased 14% over Q4 2016 when ARPU was $1.05.
  • Hosting costs per DAU – Hosting costs per DAU were $0.60 in Q1 2017, as compared to $0.52 in Q1 2016 and $0.72 in Q4 2016.
  • Capital expenditures – Capital expenditures were $18.0 million in Q1 2017, as compared to $12.5 million in Q1 2016 and $20.4 million in Q4 2016.
(1) We define a Daily Active User, or DAU, as a registered Snapchat user who opens the Snapchat application at least once during a defined 24-hour period. We measure average Daily Active Users for a particular quarter by calculating the average Daily Active Users for that quarter.
(2) We define ARPU as quarterly revenue divided by the average Daily Active Users.

CONFERENCE CALL INFORMATION

Snap Inc. (SNA) will host a conference call to discuss the results at 1:30 p.m. Pacific / 4:30 p.m. Eastern today. The live audio webcast along with supplemental information will be accessible at investor.snap.com. A recording of the webcast will also be available following the conference call.

Snap Inc. uses the investor.snap.com and snap.com/news websites as means of disclosing material non-public information and for complying with its disclosure obligation under Regulation FD.

SNAP: Insider Buys/Sells

Click Here for All Insider Trades.

Insider Position Date Trades Shares Trade Price ($) Change (%) Details
Spiegel Evan CEO 2017-03-07 Sell 16,000,000 $17 35.06 view
Murphy Robert C. Chief Technology Officer 2017-03-07 Sell 16,000,000 $17 35.06 view
Lynton Michael Director 2017-03-07 Sell 102,670 $17 35.06 view
LASKY MITCHELL Director 2017-03-07 Sell 20,000,000 $17 35.06 view

 

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BUZ INVESTORS UK public sector net borrowing Public sector borrowing including banks in the UK increased to £4.37 billion in March 2017 from £3.53 billion a year earlier and above market expectations of £1.5 billion. Excluding banks, t

UK public sector net borrowing reported a deficit in March

United Kingdom Public Sector Net Borrowing  Data | Chart


source: tradingeconomics.com

BUZ INVESTORS UK public sector net borrowing  Public sector borrowing including banks in the UK increased to £4.37 billion in March 2017 from £3.53 billion a year earlier and above market expectations of £1.5 billion. Excluding banks, the public sector had to borrow £5.1 billion to balance the books, the highest March borrowing since 2015. In the financial year ending March 2017, public sector net borrowing decreased by £20.0 billion from the previous year to £52.0 billion, the lowest net borrowing since the financial year ending March 2008. At the end of March, the amount of money owed by the public sector to the private sector stood at £1,729.5 billion, or 86.6 percent of GDP, an increase of £123.5 billion on March 2016. Government Debt in the United Kingdom averaged -4048.86 GBP Million from 1993 until 2017, reaching an all time high of 11140 GBP Million in January of 2017 and a record low of -20107 GBP Million in April of 2012.



UK public sector net borrowing

In the United Kingdom, net borrowing or net lending is the difference between the net acquisition of financial assets and the net incurrence of liabilities. This page provides the latest reported value for – United Kingdom Public Sector Net Borrowing – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United Kingdom Public Sector Net Borrowing – actual data, historical chart and calendar of releases – was last updated on April of 2017.

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BUZ INVESTORS PRESS RELEASE TrueCar, Inc. (NASDAQ:TRUE) today announced a proposed public offering of its common stock.

TrueCar Announces Proposed Public Offering

TrueCar Announces Proposed Public Offering

BUZ INVESTORS PRESS RELEASE TrueCar, Inc. <span data-recalc-dims=(NASDAQ:TRUE) today announced a proposed public offering of its common stock. " width="300" height="188" srcset="https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/LA75616LOGO.jpg?resize=300%2C188 300w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/LA75616LOGO.jpg?resize=464%2C290 464w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/04/LA75616LOGO.jpg?w=500 500w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS PRESS RELEASE  TrueCar, Inc. (NASDAQ:TRUE) today announced a proposed public offering of its common stock.  TrueCar (TRUE) expects to offer 1,000,000 shares of common stock in the offering and certain existing stockholders of the company are expected to offer 7,500,000 shares in the offering.  TrueCar and the selling stockholders are expected to grant the underwriters’ a 30-day option to purchase up to a total of 1,275,000 additional shares at the public offering price, less underwriting discounts and commissions.  TrueCar will not receive any proceeds from the sale of the shares by the selling stockholders. The final terms of the offering will depend on market and other conditions at the time of pricing, and there can be no assurance as to whether or when the offering may be completed.

Goldman, Sachs & Co. and J.P. Morgan are acting as lead book-running managers for the offering, and RBC Capital Markets and JMP Securities are acting as book-running managers for the offering. B. Riley and Co., Craig-Hallum Capital Group, Stephens Inc. and Loop Capital Markets are acting as co-managers.



 TrueCar

The proposed offering is being made pursuant to a shelf registration statement on Form S-3 that was declared effective by the Securities and Exchange Commission (the “SEC”) on February 6, 2017.  This proposed offering may only be made by means of a prospectus supplement and the accompanying prospectus. A preliminary prospectus supplement and accompanying prospectus related to the proposed offering have been filed with the SEC and may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov, or, when available, by contacting Goldman, Sachs & Co., Prospectus Department, 200 West Street, New York, NY 10282, telephone: (266) 471-2526, or by email at prospectus-ny@gs.com; or J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, telephone: (866) 803-9204, or by email at prospectus-eq_fi@jpmchase.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About TrueCar

TrueCar, Inc. (NASDAQ:TRUE) is a digital automotive marketplace that provides comprehensive pricing transparency about what other people paid for their cars and enables consumers to engage with TrueCar Certified Dealers who are committed to providing a superior purchase experience. TrueCar operates its own branded site and its nationwide network of more than 14,000 Certified Dealers also powers car-buying programs for some of the largest U.S. membership and service organizations, including USAA, AARP, American Express, AAA and Sam’s Club. Over one third of all new car buyers engage with the TrueCar network during their purchasing process. TrueCar is headquartered in Santa Monica, California, with offices in San Francisco and Austin, Texas.




Buz Investors PUBLIC SERVICES, IMPROVE PATIENT CARE The Manitoba government is introducing companion pieces of legislation to protect the front-line services relied upon by Manitoba families, deliver better patient care through necessary

PROVINCE INTRODUCES PROPOSED LEGISLATION THAT WOULD PROTECT SUSTAINABILITY OF PUBLIC SERVICES, IMPROVE PATIENT CARE

 PUBLIC SERVICES, IMPROVE PATIENT CARE

Buz Investors PUBLIC SERVICES, IMPROVE PATIENT CARE The Manitoba government is introducing companion pieces of legislation to protect the front-line services relied upon by Manitoba families, deliver better patient care through necessary

Buz Investors  PUBLIC SERVICES, IMPROVE PATIENT CARE  The Manitoba government is introducing companion pieces of legislation to protect the front-line services relied upon by Manitoba families, deliver better patient care through necessary reform and bargaining unit restructuring, and guard against tax increases, Finance Minister Cameron Friesen and Health, Seniors and Active Living Minister Kelvin Goertzen announced today.

“Our government inherited serious financial challenges and unsustainable expenditure growth,” said Friesen.  “It is clear that the status quo is not working and that ignoring the problem for years had put Manitoba on a path toward record deficits that threatened our province’s ability to sustain frontline services for Manitobans.”




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PUBLIC SERVICES, IMPROVE PATIENT CARE

In seven of the past eight years, expenditures in Manitoba have exceeded revenues by a significant amount, leaving Manitoba on track to nearly double the province’s deficit to $1.7 billion by 2019, Friesen noted.

The minister noted the proposed legislation is part of a multi-faceted and ongoing approach to ensure the sustainability of front-line services across the public sector.  Early efforts focused on a complete reorganization of government departments and reducing the size of cabinet.  The next step involved a more responsive and effective management approach, to reduce a top-heavy structure initially in the civil service through streamlining and consolidation, a process that now continues across the broader public sector, Friesen said.

The minister noted Manitoba’s government continues to focus on sustaining and improving front-line services through greater consistency and certainty around public sector compensation costs while at the same time enabling better and more consistent patient care.  This legislation follows extensive pre-budget consultations with Manitobans and continuing dialogue with union leaders, he noted.  Other consultative work nears completion, through expert reviews of both Manitoba’s fiscal situation and the province’s health-care sustainability objectives.

Proposed new legislation called the public services sustainability act would:
• respect existing collective bargaining agreements and support meaningful collective bargaining;
• establish a rolling four-year sustainability period, beginning at the expiration of existing collective agreements, which establishes a framework for future increases to public sector compensation levels and fee payments for physicians that would set out limits on increases as follows:
– in the first two years of the sustainability period, unionized and non-unionized public sector employees receive no pay increase;
– in the third year, a maximum increase of 0.75 percent; and
– in the fourth year, a maximum increase of 1.0 percent.
• encourage employers and unions to jointly find ongoing cost savings which can be returned to Manitoba citizens; and
• adopt a balanced and measured approach, by:
– retaining increases resulting from promotions and periodic or performance-based increases within an established pay range;
– not affecting pensions; and
– not imposing wage rollbacks or unpaid days off.

The minister indicated the legislation would apply to an estimated 120,000 employees, bargaining unit employees and non-represented employees of: the government and its agencies, health organizations, financial reporting organizations, child and family service authorities and agencies, universities, colleges, independent offices, the legislative assembly, political staff and school divisions/districts.  The four-year sustainability period, and the percentage limits on pay increases for employees during that period, would also apply to physicians and other health professionals who receive payments under The Health Services Insurance Act, he noted.

Judges, judicial justices of the peace and masters, as well as other levels of government, including municipalities, would not be included within the scope of the legislation.

“Our government has been engaged for many weeks in a dialogue with union leadership and we remain committed to meaningful consultation with organized labour,” said Friesen.  “While we have not been able to agree on all issues, we have listened and considered the views of all those around the table.  We believe this legislation is a fair compromise that will allow us to achieve the sustainability of services that Manitobans expect through greater expenditure management, while preserving respect for the collective bargaining process.”

Accompanying legislation is also being introduced which would enable the restructuring of bargaining units to improve patient care while ongoing discussions with health-care unions continue, Goertzen said.

“There are currently more than 180 different bargaining units and collective agreements in the health-care sector,” said Goertzen.  “This reality adds administrative burdens and makes it challenging to ensure integrated, quality care for patients across our province’s health-care system.  The proposed legislation sets out a framework for us to significantly reduce the number of bargaining units and increase the flexibility necessary to improve the quality and consistency of patient care across Manitoba.  Our ongoing discussions with unions will continue, as we mutually explore additional opportunities for further improvements.”

Minister Goertzen noted the proposed legislation would enable changes that could be phased in over time, and emphasized that following the completion of the Health System Sustainability and Innovation Review and further discussions with health-care unions, additional information could be taken into consideration.

Proposed new legislation called the health sector bargaining unit review act would include:
• appointing a commissioner to oversee bargaining unit restructuring;
• designating employers organizations to enable the streamlining of bargaining units within each region and in particular, within the Winnipeg health region, which currently has 113 bargaining units;
• designating an employer bargaining representative with exclusive jurisdiction to bargain in order to ensure consistency in collective bargaining across all employers organizations and provincewide health employers including Diagnostic Services Manitoba and CancerCare Manitoba;
• reducing the number of bargaining units from 182 to less than 50 and set out relevant factors to be considered – beginning with operational efficiency and the promotion of health-care delivery – to ensure employees are grouped within the appropriate bargaining unit;
• enabling employees to choose which bargaining agent will represent them by requiring fair and democratic representation votes to be held where there is more than one union eligible;
• allowing seniority and service recognition to be portable, from the existing bargaining unit to the new bargaining unit, and ensure that changes in bargaining units would not constitute termination of employment;
• defining the appropriate bargaining units for each region and each provincewide health employer; nurses, physicians, medical residents, physician assistants and clinical assistants, professional/technical/paramedical employees, facility support employees and community support employees; and
• setting out a process for concluding a revised collective agreement.

“Pay and benefits represent approximately 73 percent of the province’s total health budget,” said Goertzen.  “When you take into consideration the fact that the health budget makes up nearly half of Manitoba’s total provincial budget it is obvious that we have a unique opportunity before us to work together to improve patient care while ensuring the long-term sustainability of our province’s health-care system for all Manitobans.”

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American Green Smart Vending System Unveiled to the Public on April 19th in Las Vegas at the Largest Machine Industry Event (NAMA) in America

$ERBB Smart Vending System Unveiled to the Public on April 19th

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American Green’s system is unique for three important reasons, all of which will be on display:

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  • The market-leading interface is in use already and can be seen here: https://www.youtube.com/user/yongkhun which many consider the most sophisticated operating system for smart retail currently available in the world.
  • American Green’s patent-protected process, created to enable the vending of controlled or age-restricted products has been designed to be ‘as good as a human.’
  • And lastly, to demonstrate the strength and versatility of American Green’s system, there will be machines from three manufacturers side by side, something that until now has not been seen in the relatively new market of smart vending combined with secure purchasing.

The biometric verification portion of the system is utilized by the US military and many large corporations who require top-notch security for identification prior to entering a facility. In addition to all of this, the entire system can be accessed via an app which allows remote purchasing in participating machines. Upon arrival at the physical machine, patrons login to their account, verify with the biometric control, and simply display the QR code on their smartphone to retrieve the product or products they purchased.

“American Green and our technology partner, PanPacific, have been working non-stop to improve this process for over four years now. The adoption of smart phones, familiarity with apps on those phones, and improvement in related vending technologies have now merged with a concept that the public could easily grasp before but are much more prepared to use now,” said David Gwyther, chairman and acting president at American Green. “Creating a process that allows flexibility in the machine selected by clients yet permitting verified accounts to login to the machines of any companies who choose to participate will grow adoption faster and simplify use by all parties. A baseball fan could buy a beer at the game in New York and cannabis from a dispensary in California the next day through the same app utilizing their verified account. This is a huge step forward for smart retail and the automated sale of regulated products,” Mr. Gwyther concluded.

In other news, the Company’s mobile app (available here: http://www.1tapp.net/americangreencan) which can be shared with others and added to your phone’s screen, has been updated with a new survey. The new survey is focused on the use of smart vending for regulated purchases which should provide interesting and timely results for the NAMA show. The results of the first survey can be found here http://bit.ly/AGcanna1 and will soon be visible on the company’s website at www.americangreen.com.

Don’t Forget to Stop by American Green Store

Be sure to visit the Company Store for great American Green’s Amazon Store for clothing and apparel. Just click here: www.amazon.com/shops/americangreeninc to get there. Also, find some of the finest CBD products at the company’s own store here: www.americangreencbd.com. Also, click over to the company’s website at www.americangreen.com and sign up for the company’s EMAIL ALERTS to stay current on news. The company has over 6,600 shareholders and interest-holders on its private list and the list is growing every month. In addition, shareholders can join in the conversation about American Green here: https://otc.watch/groups/american-green-inc-erbb/forum/.

Buz Investors BuzzFeed IPO CEO Jonah Peretti must laugh when he hears talk of “fake news” and “failing media institutions.” Last year, the 43 year-old mogul raised another $200.0 million from NBCUniversal Media, LLC,

Is BuzzFeed Going Public

Investors Should Prepare for BuzzFeed IPO in 2017

Buz Investors BuzzFeed IPO CEO Jonah Peretti must laugh when he hears talk of “fake news” and “failing media institutions.” Last year, the 43 year-old mogul raised another $200.0 million from NBCUniversal Media, LLC,

Buz Investors BuzzFeed IPO CEO Jonah Peretti must laugh when he hears talk of “fake news” and “failing media institutions.” Last year, the 43 year-old mogul raised another $200.0 million from NBCUniversal Media, LLC, leading to a BuzzFeed valuation of $1.5 billion. There are even rumors of an BuzzFeed initial public offering (IPO) in 2017, so perhaps the word “failing” doesn’t quite apply to this company.

For those who may not be familiar with BuzzFeed, it is the biggest news and entertainment company to emerge in the InterIt gets six billion views per month. This windfall of traffic is usually drawn from an odd mix of viral videos, list posts (e.g. “The 10 Best Moments from the Oscars”), and snappy cultural analysis.net era



Other StoriesBuz Traders Follow

BuzzFeed IPO

If there’s one thing you should know about startups, it’s that they like to raise more money in each funding round. The whole point is to push BuzzFeed stock higher and higher, or put another way, to make BuzzFeed’s valuation bigger and bigger.

Think about it like this: a fast growing company—let’s call it “Startup X”—raises $10.0 million in January. It wants more than that in April, and investors are happy to oblige. Startup X raises $20.0 billion in April, double what it got three months before. Expansion continues.

This isn’t just my opinion; all the smart money is betting on BuzzFeed stock. Hotshot investors like Marc Andreessen believe it can conquer old media and massive corporations like NBCUniversal think it is a force to be reckoned with. Only retail investors are left behind.

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