CNN Money: Buzzfeed Valuation Trumps Washington Post Price

August 11, 2014 – Buzzfeed recentlyScreen-Shot-2014-08-11-at-6.19.05-AM-e1407763366416 raised another $50 million from Andreessen Horowitz to fund an expansion of the site, bringing its total value to about $850 million, according to the New York Times. To put that valuation in perspective, Amazon founder Jeff Bezos purchased The Washington Post for $250 million in 2013.

From the report:

“The investment comes a few months after talks fell apart between BuzzFeed and a potential buyer, The Walt Disney Company (DIS). BuzzFeed was ‘said to have sought upwards of $1 billion,’ a price tag that Disney was unwilling to consider, according to Fortune, which was the first to report on the talks in April.”

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