What Was Quartz?

How does spanefeller and g/o have enough money to keep buying properties?

All I ever hear about are his decisions that take unprofitable-but-beloved brands and turn them into detestable slop.

Is slop actually that profitable?

It’s almost free to produce, so anything you do make with it is pure margin. Quality media is expensive. Profit is income minus expenses.

Maybe they're riding the AI hype and burning investor money?

they dont they've sold nearly everything. pe group that backed them was the source of funding