[Ipg-smz] It turns out moving fast and breaking things might not be the best business model.The Data Sheet | Newsletters

[Christine Hall]

"The layoffs are in the name of profitability, which BuzzFeed hasn’t 
achieved despite half a billion dollars in investments."

I'm just wondering if that can be rewritten to read "...which BuzzFeed 
hasn’t achieved because of a half a billion dollars in investments."

Christine Hall
Publisher & Editor
FOSS Force: Keeping tech free
http://fossforce.com

On 1/26/19 3:37 PM, Gabe Goldberg wrote:
> Adam Lashinsky  writes...
> 
> It turns out moving fast and breaking things might not be the best 
> business model.
> 
> The obnoxious phrase is Facebook’s, and I’ll come back to the “social 
> media” company in a moment. But the expression popped into my head when 
> I read about the hundreds of job losses at former new-media darling 
> BuzzFeed. The layoffs are in the name of profitability, which BuzzFeed 
> hasn’t achieved despite half a billion dollars in investments.
> 
> https://view.email.fortune.com/?qs=160aa78e1741e1cb9132cdf332843a28d35a9f2ca3a3005662202850f86b170bc276da063c1072f60781847c4f7c2cd73aa9f8635dffea724d27f7c1879766aff2550b2521f2f0f4 
> 
>