This Entrepreneur Sold Buddy Media For $800M, Now He's A Leading Cannabis Data Expert
Portfolio Pulse from Jelena Martinovic
Jeff Ragovin, former CCO of Fyllo, a cannabis compliance technology platform, has been promoted to president. Ragovin co-founded Buddy Media, which was acquired by Salesforce Inc (NYSE:CRM) for $745 million in 2012. In his new role, he will lead the development and implementation of data and media solutions for traditional brands and regulated industries, and expand Fyllo's solution for optimal advertising performance in a privacy-compliant environment.
July 25, 2023 | 4:03 pm
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NEUTRAL IMPACT
Salesforce, which acquired Buddy Media co-founded by Jeff Ragovin, is indirectly mentioned in the news. Ragovin's promotion at Fyllo may not have a direct impact on Salesforce's stock.
While Salesforce is mentioned in the context of its past acquisition of Buddy Media, the news is primarily about Jeff Ragovin's promotion at Fyllo. Therefore, it's unlikely to have a significant impact on Salesforce's stock in the short term.
CONFIDENCE 80
IMPORTANCE 20
RELEVANCE 20