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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Dec. 31, 2020
Current assets    
Cash and cash equivalents $ 79,733 $ 90,626
Accounts receivable (net of allowance for doubtful accounts of $1,094, and $1,387 as at December 31, 2021 and 2020) 142,909 106,251
Prepaid and other current assets 29,017 11,644
Total current assets 251,659 208,521
Restricted cash   15,500
Property and equipment, net 23,052 25,545
Capitalized software costs, net 16,554 16,560
Intangible assets, net 136,513 1,368
Goodwill 194,881  
Prepaid and other assets 14,555 11,698
Total assets 637,214 279,192
Current liabilities    
Accounts payable 16,025 8,413
Accrued expenses 31,386 20,638
Deferred rent 4,894 3,903
Deferred revenue 1,676 2,432
Accrued compensation 37,434 19,724
Other current liabilities 2,731 2,118
Total current liabilities 94,146 57,228
Deferred rent 12,504 18,053
Debt 141,878 20,396
Derivative liability 4,875  
Warrant liabilities 4,938  
Other liabilities 3,992 1,633
Total liabilities 262,333 97,310
Commitments and contingencies
Redeemable noncontrolling interest 2,294 848
Stockholders' deficit    
Additional paid-in capital 695,869 36,373
Accumulated other comprehensive loss (3,233) (3,359)
Accumulated deficit (322,106) (346,818)
Treasury stock, no shares at December 31, 2021 and 2020, respectively(1) [1] 0 0
Total BuzzFeed, Inc. stockholders' equity (deficit) 370,543 (313,803)
Noncontrolling interests 2,044 0
Total stockholders' equity (deficit) 372,587 (313,803)
Total liabilities and equity 637,214 279,192
Series A, convertible preferred stock    
Current liabilities    
Convertible preferred stock   3,001
Series A1, convertible preferred stock    
Current liabilities    
Convertible preferred stock   4
Series B, convertible preferred stock    
Current liabilities    
Convertible preferred stock   7,904
Series C, convertible preferred stock    
Current liabilities    
Convertible preferred stock   15,434
Series D, convertible preferred stock    
Current liabilities    
Convertible preferred stock   19,311
Series E, convertible preferred stock    
Current liabilities    
Convertible preferred stock   49,646
Series F, convertible preferred stock    
Current liabilities    
Convertible preferred stock   199,856
Series G, convertible preferred stock    
Current liabilities    
Convertible preferred stock   199,681
Class A common stock    
Stockholders' deficit    
Common stock 11  
Class B Common Stock    
Stockholders' deficit    
Common stock 1 $ 1
Class C common stock    
Stockholders' deficit    
Common stock $ 1  
[1] Shares outstanding for all periods reflect the adjustment for the Reverse Recapitalization.