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DIGG in Acquisition Talks with Several Firms »
Posted by: SearchEngines 1 year, 10 months agothe price range they're looking for - at least $150 million - and will likely close a Series B round of financing instead.
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Comments: 9
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djp2
Oct. 25, 2006, 2:07 a.m.I reckon the average digg user is a apple or firefox fanboi, so is far too high and mighty to click ads - so are worth much less than say an average AOL user.
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snharden
Oct. 25, 2006, 5:39 p.m.I would be very surprised if ol' Kev got anything near $150 million. Digg is losing value everyday and thats because of all the 15 and 16 year olds linking each others blogs to every story and playing their who get the most digg's wins game. Which is running rampant at Digg right now. Thats why I"m over on Netscape now things seem to be a little more mature over here.
I'd say if Digg doesn't sell in the next 5 to 6 months its reputation will be near zero in the eyes of investors. Sooner or later investors will tire of spending good money on all these internet vagrants such as Digg and Youtube.
When you post to digg if you don't go along with the crowd you just get dugg down to oblivion and are considered a lamer, their term not mine. Kev will be lucky to get a fews months rent out of the deal if he don't sell fast but it may already be to late. Theres no value to advertisers to place ads there because they won't get clicked by a bunch of kids with no money. Ads are useless.
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