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Comment by jokull

His main argument is that by funding BuzzFeed he is "contributing to intellectual decrepitude" of young readers. This is an outrageous statement. BuzzFeed started out with socially optimised content and were one of the first to recognize the power of sharing over front page habits. Today they employ many great journalists and are creating high quality content that is much easier to consume and spreads more quickly (admittedly along with some pretty banal stuff). A16Z enter the partnership based on future prospects, nothing else. BuzzFeed may or may not become a good source of enlightened reporting in the future, but at least that is their goal and they have a pretty good chance at it for a generation that mostly consumes through social media.
parent jokull 12 years ago

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