I'm genuinely wondering what the motivation is of a company like BuzzFeed to go public. As far as I understand, going public is often done to raise capital to d

I'm genuinely wondering what the motivation is of a company like BuzzFeed to go public. As far as I understand, going public is often done to raise capital to do expensive things you wouldn't otherwise be able to afford like R&D, innovation, infrastructure, etc. I can't see how that's necessary for a "newsroom" kind of operation that doesn't have or produce much tangible.