Former presidential candidate Vivek Ramaswamy addresses the media outside of Manhattan Criminal Court on behalf of former President Donald Trump on May 14, 2024 in New York
Vivek Ramaswamy has been buying up shares of BuzzFeed.
  • Investor and former Republican presidential candidate Vivek Ramaswamy has laid out his plans for BuzzFeed.
  • He envisions turning the company into a Twitter/X-style user-generated content company.
  • But BuzzFeed CEO Jonah Peretti controls the company, and doesn't take Ramaswamy seriously. So what's the endgame here?

Former Republican presidential candidate Vivek Ramaswamy announced last week he had been buying up shares in BuzzFeed. Which led to the obvious question: Why is Vivek Ramaswamy buying up shares in BuzzFeed?

Now we know. Sort of.