Social News Site Digg Sells to Betaworks for Undisclosed Sum

[JMcEntegart]

New owner plans to launch a cloud-based version of Digg in the near future.

Social News Site Digg Sells to Betaworks for Undisclosed Sum : Read more

 

[derkman]

Digg really fucked themselves when they changed to Digg 4.0. Everyone hated it and flocked to Reddit. Digg is not really a social media site anymore.

 

[Guest]

they overpaid.

 

[burmese_dude]

I heard it's sold for 50 bucks and 2 tacos.

 

[smuggl3r]

It was sold for 500.000$. But a few years ago it was valued at 200.000.000$, but then V4.0 came.

 

[tuch92]

[citation][nom]smuggl3r[/nom]It was sold for 500.000$. But a few years ago it was valued at 200.000.000$, but then V4.0 came.[/citation]
That was just for the site. If I remember correctly the Digg patents were bought by LinkedIn for 2.5 million, and the team was bought as well but I can't remember by who.

 

[del35]

Digg dug itself royally. Hated their constant for iCrap propaganda. Felt like an iTard cesspool.

 

[dotaloc]

Wasn't digg already 'cloud-based'?