Vice CEO Shane Smith pitched hedge funds in New York last week, and is expecting to pitch to more funds in San Francisco next week. Smith told the Daily Beast that they're looking for acquisitions and looking to expand exponentially. Vice Media is hoping to raise as much as $4 million to help fund scripted programming. Vice has tapped Morgan Stanley to raise the money, while Smith is trying to get interviews with the top White House officials. The last valuation on the media group was $4 billion.
Category
🤖
Tech