The cofounders of Letterboxd view this change in ownership as an opportunity for growth rather than a sellout to big money. In a joint statement, Buchanan and von Randow emphasized that “Teaming up with Tiny represents a big leap forward for us. We see this as a huge win for our community, enabling us to cement Letterboxd’s future with additional resources without sacrificing the DNA of what makes it special.”
Film-Focused Social Media Platform Letterboxd Sells 60% Stake to Venture Capital Firm Tiny
The Deal Values Letterboxd at Over $50 Million; Founders Emphasize Growth and Community
