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From
gigaom
BuzzFeed co-founder Jonah Peretti wrote a kind of open letter to his employees recently, in which he compared the rapidly growing viral-content empire to Time magazine.
Via Guillaume Decugis
Quoting from this letter: "Time began as a clipping service in a small office. A group of writers subscribed to a dozen newspapers and summarized the most important stories, rewriting the news in a more digestible format. BuzzFeed also started as a clipping service in a small office seven years ago. Instead of subscribing to newspapers, we surfed the web.”"
Interesting read showing how great content curation was the starting point in both stories.
Interesting point made here about content curation, with BuzzFeed comparing itself to Time magazine as they both started as a news clipping service. Which leads to the question: is there any truly unique content in the online news space?