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VC Sam Lessin compares MrBeast's rise to BuzzFeed's trajectory Both built huge audiences through viral content Lessin warns of potential long-term monetization challenges for broad-appeal creators Déjà vu all over again VC investor Sam Lessin sees eerie similarities between YouTube sensation MrBeast and BuzzFeed's meteoric rise. Both mastered social algorithms to build massive audiences quickly. But could this lead to similar pitfalls? The algorithm giveth, the algorithm taketh away MrBeast and BuzzFeed rely heavily on platform algorithms that can change overnight. Their broad, easily imitable content may struggle to maintain long-term value. BuzzFeed's stock price has already plummeted 90% since…
Bankman-Fried appeals fraud conviction, citing judicial bias His lawyers seek a new trial under a different judge The prosecution remains silent on the appeal filing Crypto drama continues Sam Bankman-Fried, the former FTX CEO convicted of fraud and money laundering,…
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