The man who buys dying companies

Discussion in 'Wall St. News' started by dealmaker, Jun 16, 2019.

  1. dealmaker


    The man who buys dying companies:Your media company’s dying? There’s a good chance Bryan Goldberg, the founder of Bustle,wants to buy it. Since 2017, Goldberg, now 35, has amassed a portfolio of digital media companies, including Elite Daily and Mic—both of which had fallen on hard times. Last year, he bought out of bankruptcy for $1.4 million. “I like that these are tough days,” he says. Sigh.

    “We’re laser-focused on building for the next decade what Condé Nast, Hearst, and Meredith had in the 1980s and 1990s during the glory years.”