Got $300 Million? You could buy Digg.com (maybe)
Dec 21, 2007 Found Online, Internet
It looks like Digg.com may soon be for sale:
A reliable source just confirmed the company’s plans, noting the company has hired Allen & Company, a tiny but influential private investment firm, to help broker a deal. The asking price is still $300 million, the source said. [Venture Beat]
That would be financially awesome for the founders of the company, but I have a feeling that if they sold the company, it would soon crash and burn. Digg has a large community of folks who are anti-establishment, which is not necessarily a bad thing, but I think there would be a revolt if that happened. I guess we will see…
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