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Vivek Ramaswamy Buys MASSIVE Stake in Anti-Trump News Outlet
Disswire.com ^ | 21 May 2024 | Bradley Greer

Posted on 05/22/2024 9:26:02 AM PDT by Sam77

Vivek Ramaswamy is about to take a major seat on the governing board in one of the most liberal anti-Trump online news publications.

Fresh from his presidential campaign, Ramaswamy purchased a 7.7% stake in Buzzfeed, the outlet infamous for launching the Trump-Russia hoax story in 2016, The National Pulse reported.

(Excerpt) Read more at disswire.com ...


TOPICS: Politics
KEYWORDS: buzzfeed; ramaswamy; vivek
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To: Sam77

That is typical of Vivek.


21 posted on 05/22/2024 9:48:06 AM PDT by chopperk
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To: Eccl 10:2

He’s a shrewd dude—and a Deep State cutout/front man.


22 posted on 05/22/2024 9:54:59 AM PDT by 9YearLurker
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To: Eccl 10:2

And nowhere is less than 8% an all-caps “MASSIVE” stake.


23 posted on 05/22/2024 9:57:20 AM PDT by 9YearLurker
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To: Eccl 10:2

And nowhere is less than 8% an all-caps “MASSIVE” stake.


24 posted on 05/22/2024 9:57:20 AM PDT by 9YearLurker
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To: chopperk

*If he’s not planning on making changes, then this is a very bad investment.*

Crazy like a fox. The MSM will be in full swing this year. Ride it up-might be profitable. Then he sells short just before Trump wins. Take the money and run.


25 posted on 05/22/2024 9:58:31 AM PDT by DIRTYSECRET
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To: V_TWIN

You want it right or straight down the middle?


26 posted on 05/22/2024 9:58:33 AM PDT by del griffith
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To: BobL

I’m not sure about that. The Murdochs were distancing themselves from Trump and maybe they took Ryan on board because he was also anti-Trump. I doubt he’s the major player in the company.


27 posted on 05/22/2024 10:02:55 AM PDT by x
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To: 9YearLurker

If he’s deep state, why would Trump consider him for VP? Or even make the nomination?


28 posted on 05/22/2024 10:03:14 AM PDT by del griffith
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To: Sam77

Ramaswamy is following a suggestion I made in an earlier post.

Yeah, he’s listening to me. ;)

But, my suggestion was that, to turn MSNBC or CNN read, conservatives need to buy them out. Problem there is that, democrats would likely outbid any conservatives to insure that democrats keep control of those ‘news’ outlets.

So, fellow FReepes, what say you about us pooling all our money together and going after MSNBC or CNN? A little at a time, until we have majority votes on all of them.


29 posted on 05/22/2024 10:04:26 AM PDT by adorno (CCH)
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To: Sam77

Buzzfeed staff will revolt if he tries to make major changes.

Maybe he will succeed in changing the site. Maybe the former owners will use their new money in more anti-Trump activities.


30 posted on 05/22/2024 10:04:49 AM PDT by x
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To: BobL

TBD


31 posted on 05/22/2024 10:08:57 AM PDT by Robert DeLong
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To: del griffith

Are you really asking that? And he has been ruled out, as I understand it, anyway.


32 posted on 05/22/2024 10:10:04 AM PDT by 9YearLurker
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To: Sam77

He knows DJT will win so why not make $$$$$ from lib heads EXPLODING:-)


33 posted on 05/22/2024 10:11:02 AM PDT by Harpotoo (Being a socialist is a lot easier than having to WORK like the rest of US:-))
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To: spacejunkie2001

I agree. He is an opportunist.


34 posted on 05/22/2024 10:12:07 AM PDT by PghBaldy (12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
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To: del griffith

that never once came from DJT, just the media. yes, vivek went to mal, etc., but he’s an opportunist imo. he was never seriously considered for VP


35 posted on 05/22/2024 10:13:25 AM PDT by spacejunkie2001
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To: V_TWIN

I will withhold judgement on this until I see what exactly he is up to.


36 posted on 05/22/2024 10:13:26 AM PDT by rlmorel (In Today's Democrat America, The $5 Dollar Bill is the New $1 Dollar Bill.)
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To: spacejunkie2001

Trust, but verify.


37 posted on 05/22/2024 10:15:07 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: 9YearLurker

“And nowhere is less than 8% an all-caps “MASSIVE” stake.”

############################

https://www.investopedia.com/terms/c/controllinginterest.asp

“With the majority of large public companies, for example, a shareholder with much less than 50% of the outstanding shares may still have a lot of influence at the company. Single shareholders with as little as 5% to 10% ownership can push for seats on the board or enact changes at shareholder meetings by publicly lobbying for them, giving them control.”


38 posted on 05/22/2024 10:21:39 AM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

Less than 8% is not a MASSIVE share of anything. It might be consequential, but it is not a MASSIVE share.


39 posted on 05/22/2024 10:22:31 AM PDT by 9YearLurker
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To: 9YearLurker

“Less than 8% is not a MASSIVE share of anything. It might be consequential, but it is not a MASSIVE share.”

#################

“Massive” is a relative term. If one owned 8% of Apple, you’d be worth almost $240 billion from that alone.


40 posted on 05/22/2024 10:28:55 AM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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