[Rumour] Digg for Sale @ $300Mill

Sounds a bit cheap (compared to recent sales) but still is a lot of money.

Latest rumour going is that Digg is about to be sold for $300 Million to a large media company.

Read more @ http://valleywag.com/tech/rumormonger/digg-close-to-a-300-million-sale-320145.php

 

Doubt it, They have been offered large amounts plenty of other times and have always said no.

 

....& Im the chairman of that company [Rumour]

 

$300 million will have them set for life. I would take that offer if I were the owners.

 

Well, Kevin Rose has about a 20% - 40% stake in Digg by most estimates, with a few other founders and venture capitalists making up the rest, so his cut would probably only be in the $60 - $100 million range. Still, that's an offer I would take. Of course, I don't like working. Some people are attached to the websites they start and would never sell out because they love doing it. I like web development, but I like margaritas on tropical beaches more.

 

That could be a bit cheap, but i would accept it anyways

 

I wouldn't take it. Digg is making loads of money, no need to sell the website, they have a constant income.