BuzzFeed: $3.5M VC investment turned into $1.7B

BuzzFeed is an internet media, news and entertainment company with a focus on digital media.

BuzzFeed was founded in 2006 by Jonah Peretti and John S. Johnson III, to focus on tracking viral content. Kenneth Lerer, co-founder and chairman of The Huffington Post, started as a co-founder and investor in BuzzFeed and is now the executive chairman.

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