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Social sharing site Digg is sold for $500,000...Google offered $200million just four years ago
dailmail.co.uk ^ | 6-13-12 | Eddie Wrenn

Posted on 07/14/2012 6:26:25 PM PDT by rawhide

click here to read article


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To: montag813
Isn't Reddit the same liberal hot mess?

It may be - I don't know because I never had much interest in Reddit.

21 posted on 07/15/2012 7:44:30 AM PDT by Scutter
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To: FLAMING DEATH; Winstons Julia
In fact, I hadn’t even thought about it since last year. I took it out of my bookmarks and haven’t been back since.

Yes, I haven't even been back once. As Winstons Julia pointed out, they don't deserve the hits. I don't want them to make ad revenue from me visiting their site.

Good riddance indeed.

22 posted on 07/16/2012 9:20:05 AM PDT by Scutter
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To: rawhide; 1010RD
Greed personified!

According to this article Rose wanted to close on the $60 million deal, but the Digg board told him he could not. They thought the company would go further but didn't take into account Rose's short attention span. A later $200 million deal with Google was withdrawn by Google.

Apparently Rose has made money from selling early shares and from smart early investments in companies like Twitter and Square.

Rose has done some very interesting interviews called "Foundation" (on youtube) which mainly focus on the interviewees. Rose doesn't really come across as an especially greedy person.

23 posted on 07/18/2012 7:16:55 AM PDT by wideminded
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To: rawhide

Was worth $200,000,000.
Has/had something like 2,000,000 users.
So, by the Obama’s reasoning, those users owe Digg $100 each.
Right?


24 posted on 07/18/2012 7:21:02 AM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: wideminded; rawhide

Clearly then, the blame belongs with the Board. It was a stupid miss on their part. Good job to Rose on making some savvy financial decisions. I supposed the “greedy” board motivated him.

Can you post a link to his interviews?


25 posted on 07/18/2012 8:51:09 AM PDT by 1010RD (First, Do No Harm)
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To: montag813

Isn’t Reddit the same liberal hot mess?

No question about it.


26 posted on 07/18/2012 9:47:53 AM PDT by mamacitizen
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