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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.

    "Note that Romania has laws agains all the illegal activities just like US, including copyright. Is not the Dracula's country or no man's land as you thought." - Random email from someone I don't know, about nothing I've done or said

  • 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
    edited July 2012

    @liam - details?

    For LET support, please visit the support desk.

    LowEndTalk attracts the finest members. - bear, WebHostingTalk

  • 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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