Buzzfeed, which aggregates content from news sites, and also does help
clients create viral messages, managed to raise 50 million dollars.
What can African Technology entrepreneurs learn? First, that the
platform is all that matters. Buzzfeed raised this amount, while
actual news sites can't principally because Buzzfeed is a platform. In
fact, one pundit puts it succinctly that the true wealth on the
internet is made from distributing information rather than actually
owning the content.
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