In a statement on their website, RateBeer confirmed that it had indeed sold a minority stake to ZX Ventures, AB InBev’s “growth” division.
Of immediate and obvious concern is whether the site can continue to give unbiased reviews and independent ratings on beers made by their parent company. Joe T briefly addressed this point in his statement:
The focus of the agreement was on maintaining RateBeer’s value as an unbiased beer authority, retaining our operational independence, informing a whole new group of global consumers and keeping them excited about the beer.
We’ll see 🙁