DISQUS

VentureBeat: Source: Digg hires bank, hoping to sell for $300 million or more

  • Eric Hunter · 1 year ago
    Google will purchase Digg.
  • Mark Mayhew · 1 year ago
    I like digg, but they should have sold long ago.
  • Derek · 1 year ago
    Digg is one of the, if not THE, most powerful marketing mainlines into the internet, and that's after others like Reddit and Netscape's failed foray had time to gain ground.

    The sun still very much shines on Digg.
  • Alex James | Freelance jobs &a · 1 year ago
    Yup agree that Digg is definitely still miles ahead of newer services; take the point on board that perhaps they could have sold some time ago, but should still be able to snap a good deal from one of the internet mega-players..

    Alex J
    Find freelance jobs today
  • Vishal Sharma on Startups, Tec · 1 year ago
    I have written previously and again i believe these are the top 5 players in hunting for digg.
    http://www.sharmavishal.com/2006/10/top-5-proba...
  • Marshall Sponder · 1 year ago
    It's not the billion dollar valuation they were seeking last year, but it's probably not a bad time to sell Digg since I don't think the site is going to improve much more than it already has - and if anything - it will go down in time as it's model is copied more and more.

    I'd sell now - 300 Million in your hands is worth more than a Billion Dollars you'd never get.
  • Gavin · 1 year ago
    It is the perfect time to sell Digg, seeing as other sites are encroaching on their territory, and they are extremely popular right now. Recent trends suggest Digg might be going down soon.
  • Oprah · 1 year ago
    The dirty little secret about news sites is that they dont make any money so what is the value? Only a sucker would buy digg for $300 million. MSNBC just bought newsvine for like 5 million. Newroo was bought for 12 million. Newsbuzz was purchased for 5 million. You could buy congoo.com, brietbart.com or another news aggregator for like 10 million.
  • OOM · 1 year ago
    Oprah made a very good note. What's the value of any such website considering that the revenues they generate are roughly $50 mil. a year, if they reach 50... How can one properly assess the value of something that generates no money? Or should the buyers buy for fame and exposure rather than for making profits?
  • peter · 1 year ago
    I heard that kevin, has started a website similar to digg, www.opentopix.com
  • shortshire · 1 year ago
    If Digg is sold will it just become on jumbled mess of crap owned by giant corporations? This is a possiblity.
  • Anime fan · 1 year ago
    That's cool, these web 2.0 sites are really worth much right now.
  • Ramon · 1 year ago
    Why are the sites worth 10 mi? because of the domain value, technology, brand, audience and still is profitable. They call this long-term / mid-term investment, it's the basis of venture capitalism and the base for venture buyouts.
  • jon · 1 year ago
    Thats a lot of money/!
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  • dennis · 1 year ago
    Yes that is a lot of money, Why is it worth so much?

    http://bigloanguide.com
  • Bryan Burbank · 1 year ago
    I thing Digg is a great site because you get a lot of information from it but that seems like a lot of money. But I guess it gets a lot of people who use it so maybe it is worth that much.

    thanks, Bryan
    http://makemoneydirect.net
  • sally · 1 year ago
    Digg I think will stay around as one of the top social networking sites because it is so easy to use and easy to navigate.

    thanks so much
    Mary
    http://bestbargainsever.com
  • Groovy Mann · 1 year ago
    Digg is a caricature of itself. Bored people clicking their boring mouses to make believe they're somehow important.
  • marina · 1 year ago
    Yes Digg is one of the biggest of its kind
    thanks, Marina
    7852-4445
    http://116th.org
  • sammy · 1 year ago
    I sue Digg a lot and think it is one of the best social sites around
    http://findanotherjob.com
  • derie · 1 year ago
    Web 2.0 seems the way to go wow
    http://elovemagic.com
  • Putonghua Course · 1 year ago
    Digg I think will stay around as one of the top social networking sites because it is so easy to use and easy to navigate.
    But when I stand in front of you
  • dogila · 1 year ago
    Digg is here to stay for sure
    http://findadietplan.com
  • sarah · 1 year ago
  • James · 1 year ago
    digg is just great!! should sell for more!
  • Soto · 1 year ago
    Ok so did it sell for that amount!? digg is a great site though!
  • Bradley Davis · 1 year ago
    Dont invest in shares, build a functional social media site. Digg is worth every dollar!
  • edsion007 · 1 month ago
    Hmmm.. why it has to do with twitter so much?
  • lucky · 1 month ago
    I love dig, however,it's time to sell dig.