Technology, Kevin Rose | featured news

Newsweek: Digg a cautionary tale for Web 2.0

Newsweek: Digg a cautionary tale for Web 2.0

Digg’s backers would likely be willing to sell the company now for as little “as $20 million to $30 million,” Arrington says. That’s a bummer, since investors have pumped $40 million into this outfit since it was founded in 2004, and Rose and his backers are rumored to have had chances to sell the company for $130 million.

 

Digg’s Looking For A New CEO

Digg’s Looking For A New CEO

Rose went on to give a pretty detailed overview of his experiences so far . The role seems to be taking its toll, the words “nightmare” and “stressed” cropped up a couple of times but he does also say it “feels really good.”

 

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