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Once a Social Media Star, Digg Sells for $500,000
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Once a Social Media Star, Digg Sells for $500,000

laaevlaaev Member
edited July 2012 in General

http://online.wsj.com/article/SB10001424052702304373804577523181002565776.html?mod=wsj_share_tweet

Digg Inc., a social-media pioneer once valued at more than $160 million, is selling for the deeply discounted price of about $500,000, three people familiar with the matter said.

While Betaworks is at it, would they like to acquire MaxiBill? http://maxibill.com/

Thanked by 1PAD

Comments

  • PADPAD Member
    edited July 2012

    LOL.

  • AsadAsad Member

    Reddit does pretty much the same thing right?

  • jarjar Provider
    edited July 2012

    Always thought they should've sold while they were ahead. I guess Kevin did get a big payout in terms of the recognition, but I don't really know what kind of monetary gain he ever saw from any of that. When I saw him introduce Yoink, I knew it was over for him. Digg was the greatest thing he ever did, it'll stay that way.

    Founder @ MXroute

  • PADPAD Member

    @jarland

    true that.

  • HC_RoHC_Ro Member
    edited July 2012

    Kevin got a majority out earlier and looking at his portfolio I doubt he is hurting. Though I am sure they had offers over that figure.

    @FTN_Kevin said: While Betaworks is at it, would they like to acquire MaxiBill? http://maxibill.com/

    Uhhh. PHENOMENON

  • TaylorTaylor Member

    I know, I'm Dale Maily.

  • raindog308raindog308 Administrator, Moderator
    edited July 2012

    @liam - details?

    For LET support, please visit the support desk.

  • KairusKairus Member

    16m is still sad considering they could have cashed out for 200m with google.

  • AsadAsad Member
    edited July 2012

    @Kairus It was Google that didn't want to go through with the deal because they thought they could do it themselves. A while later, Google launched Buzz which ended up being a failure.

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