For Those Of You Who Use Digg: 3 Worse Things You Could Buy Than Digg For $500,000!
According to the Wall Street Journal, Digg, once one of the most popular sites on the internet, prior to changing to a format that many people found unpopular, has been sold to for $500,000 to Betaworks! To put it in perspective, the WSJ says Digg used to be worth more than $160 million!
As for Digg founders Kevin Rose, et al., it sucks that you lost so much money, perhaps due to ignoring the fact that many of your users hated your “New Coke” site. However, we’re sure you’ve learned a priceless lesson that no business school can teach, because there is no Brewster’s Millions School Of Business where the goal is to lose $160 million as fast as you can, so you can inherit $1.6 billion.
(read more below to see 3 worse things you could buy for $500,000)
http://nottheworstnews.com/2012/07/13/3-worse-things-you-could-buy-than-digg-for-500000/
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