Actually, if Mr. Rose is truly worth 60m, he might just be able to put up a heck of a defense against the DCMA thugs.
Sure, they can crush a 14 year old who shares MP3s, but someone who can afford a bit of publicity as well as decent attorneys is a different and much more vicious animal when cornered.
Cry Havoc and Let Slip the Shysters of War!
DCMA = DMCA or whatever.
The mob is the mob no matter how it’s spelled.
He really doesn’t have anything more than the salary he is getting from Digg/Revision 3. The company is still in the “burn VC money” mode. The $60 million is from a BS Businessweek story from a few months ago.
It figured that Digg could be sold for $240 million, so Rose would see $60 million for his 25%.