How on Earth Is Vice Worth $5.7 Billion?

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Recorded28 Jun 2017

Publisheromnycontent.com ↗

Handlerec:15050750

Show notes

TPG's latest $450 million investment values Vice Media at a whopping $5.7 billion. That's about double the size of the New York Times. One explanation: Vice's access to millennials, according to Bloomberg media reporter Gerry Smith and Bloomberg Intelligence analyst Paul Sweeney. Still, it's hard to make the numbers add up without taking a giant leap of faith. Gerry and Paul discuss with host Alex Sherman.See omnystudio.com/listener for privacy information.

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