Is $1B Valuation In Buzzfeed's Future?

How is Buzzfeed -- which sees itself as the digital news organization of the future -- going to grow from a reported valuation of $200 million to $1 billion? For starters, by continuing to eschew display advertising, Pandodaily reports. “BuzzFeed works with advertisers as ‘partners,’ and hosts their sponsored content, which is similar to the publication’s independently produced journalism.”

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