"I’m not really raising the money just because we need the money," Wernick said in an interview. Wernick said BitChute was pursuing a combination of high net-worth individuals and venture capital funds. He has an equity stake in BitChute and is also an investor in Parler, Gab, Airbnb (ABNB.O) and Uber (UBER.N). Its investor presentation said BitChute had 218 million unique visitors in 2022, down 15.8% from 2021, with a projection of 247 million unique visitors this year. Their longer-term goal is to “decentralize” BitChute, so that it is blockchain-based and users can decide whether to have content moderation.

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Persons: Jeffrey Wernick, I’m, Wernick, BitChute, Patrick Dai, Matthew Branton, cofounders Ray Vahey, Rich Jones, ’, Helen Coster, Krystal Hu, Jane Merriman Organizations: YORK, Reuters, Inc, YouTube, Thomson Locations: BitChute, Parler, New York