– USA, NY – BuzzFeed, the leading tech-powered media company for digital content and commerce across millennial and Gen Z audiences, today announced the upcoming appointment of Anjula Acharia to its board of directors, bringing her entrepreneurial expertise to help guide BuzzFeed’s e-commerce and licensing strategies to fit its next phase as a public company expected in Q4 2021.
In addition to Acharia, Adam Rothstein, Executive Chairman of 890 5th Avenue Partners, and Greg Coleman, an advisor to 890 and former BuzzFeed President, will join BuzzFeed’s Board of Directors once the IPO and acquisition of Complex are complete.
About Anjula Acharia
Anjula Acharia is the founder and CEO of A-Series Management & Investments, a leading firm at the forefront of merging Hollywood and tech. The company’s investment and advisory portfolio focuses on several consumer tech startups, including ApartmentList, Bumble, ClassPass, Clubhouse, and Yumi among many others. The company also manages globally acclaimed actress Priyanka Chopra.
“I’m so thrilled and excited for Anjula to join our board. She is a true, proven entrepreneur and innovator, who will bring new perspective and expertise to our licensing and e-commerce businesses and enable collaborations between those businesses, Silicon Valley and the Hollywood community.” said Founder and CEO, Jonah Peretti. “As we get closer to becoming a public company, I couldn’t be more proud of and confident in the board that will be advising us in this next chapter. BuzzFeed will be in better, stronger, and more experienced hands than ever before.”
In addition to launching Priyanka Chopra’s career in the United States, Anjula Acharia brings extensive advisory and investment knowledge to BuzzFeed. Her current portfolio of investments also includes Bulletproof Coffee, Cue, FounderMade, Gobble, Health-Ade Kombucha, Hooked, Human Co., Joro App, Mayvenn, Pop & Bottle, The Muse, Thrive Causemetics, Skinny Dipped, Vital Proteins, and, most recently, The Well.
“I am honored to join the incredible team at BuzzFeed as I believe strongly in the company’s mission and its disruptive model,” commented Ajula Acharia. “I’m proud to be part of an organization that has successfully shattered media boundaries by bringing its tech-driven approach to fueling entertainment and pop culture. As the media landscape continues to change, I look forward to contributing to BuzzFeed’s next phase of innovation and helping the company reach its overall growth potential.”
About BuzzFeed
BuzzFeed is the world’s leading tech-powered, diversified media company that reaches hundreds of millions globally through its cross-platform news and entertainment network. The company produces articles, lists, quizzes, videos, and original series; lifestyle content through brands including Tasty, the world’s largest social food network; original reporting and investigative journalism through BuzzFeed News and HuffPost; an industry-leading affiliate business, strategic partnerships, licensing and product development through BuzzFeed Commerce; and original productions across broadcast, cable, SVOD, film and digital platforms for BuzzFeed Studios.
On June 24, 2021, BuzzFeed announced that it will merge with 890 5th Avenue Partners, Inc., ($ENFA) a special purpose acquisition company, to become a publicly-traded company. As part of the transaction, BuzzFeed agreed to acquire Complex Networks, a leading global youth network. The transaction is expected to close in Q4 2021, which is when Acharia’s appointment to BuzzFeed’s Board of Directors will become effective.
For more information: https://www.buzzfeed.com/
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