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Letterboxd sells a majority stake after explosive pandemic-fueled growth
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Letterboxd sells a majority stake after explosive pandemic-fueled growth
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2nd October 2023, 06:48
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| [M] Reviewer  Join Date: May 2010 Location: Romania
Posts: 148,678
 |  Letterboxd sells a majority stake after explosive pandemic-fueled growth The film-focused social media site LetterBoxd has new ownership. Cofounder Matthew Buchanan announced on Friday that Tiny, a venture capital firm, has bought a 60 percent stake in the platform. The New York Times reported that the deal values Letterboxd at over $50 million. Buchanan and fellow founder Karl von Randow will retain minority shareholder positions and continue to lead the company as they insist “very little else will change.” https://www.engadget.com/letterboxd-...4.html?src=rss |
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