#BuzzFeed, once a #digitalmedia darling valued at $1.7 billion, is now on the brink of #bankruptcy. Despite its success in #socialmedia virality and #nativeadvertising, the company struggled to achieve #profitability. Heavy debt, a faltering stock price, and the shuttering of its news division have contributed to its current financial woes. https://www.marketwatch.com/story/how-buzzfeed-spiraled-from-a-1-7-billion-media-darling-to-the-brink-of-bankruptcy-95579e1f?eicker.news #tech #media #news