BuzzFeed recently made a huge announcement. You probably know it’s a popular digital media company known for shareable content such as relatable listicles, entertaining quizzes and enthusiastic videos. Well, the company announced that it will go public and merge with 890 Fifth Avenue Partners. The target valuation is a staggering $1.5 billion. What does this mean?

BuzzFeed is financially successful enough to go public and obtain other large media companies such as Complex Networks and HuffPost. But many still view BuzzFeed — specifically BuzzFeed News — as a questionable news source. And another question remains: Is it cheugy?

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