07-12-2012, 02:56 PM
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Industry Role:
Join Date: May 2006
Posts: 9,820
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Buried: Digg Sells For $500,000
Quote:
The small selling price just goes to show how quickly fortunes can turn for even the hottest web startups. According to The Wall Street Journal, Digg took more than $45 million from investors since launching in 2004.
On its blog, Betaworks says it is going to fold Digg into the News.me team.
The company also vows that it is going to ?turn Digg back into a startup. Low budget, small team, fast cycles.?
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http://mashable.com/2012/07/12/digg-sold-for-500000/ |
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