Buried: Digg Sells For $500,000 - GoFuckYourself.com

D Ghost · 07-12-2012, 02:56 PM

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.?

http://mashable.com/2012/07/12/digg-sold-for-500000/

HomeFry · 07-12-2012, 03:04 PM

People still use Digg? I thought it went the way of MySpace when Reddit came out?

Klen · 07-12-2012, 03:07 PM

Looks like reddit have only slightly more traffic then digg.

V_RocKs · 07-12-2012, 03:25 PM

Should have sold it back in 2007 to someone for $250,000,000

ottopottomouse · 07-12-2012, 03:34 PM

things peak then fizzle, they missed the boat massively.

The Dawg · 07-12-2012, 03:35 PM

Wow, thats crazy.

lucas131 · 07-12-2012, 03:41 PM

wow, it sure still have some traffic

oppoten · 07-12-2012, 03:45 PM

Unbelievable how quickly things change.

Here's hoping the same happens to Google and Facebook, but I'm not holding my breath.

mafia_man · 07-12-2012, 03:50 PM

Quote:

Originally Posted by ottopottomouse

things peak then fizzle, they missed the boat massively.

This isn't what happened with Digg.

They systematically destroyed the company because they couldn't retain talent and didn't move with what their users wanted.

His Infernal Majesty · 07-12-2012, 03:53 PM

Wow, that is unbelievable!

iSpyCams · 07-12-2012, 03:55 PM

Most of the traffic at Digg nowadays is indian blog spammers. They really fucked up a good thing by alienating their userbase.

Here is a fairly detailed but sarcastic look at what actually happened in comic book form:

https://secure.flickr.com/photos/250...n/photostream/
https://secure.flickr.com/photos/250...38180/sizes/o/
http://www.flickr.com/photos/2503608...n/photostream/

JosephFM · 07-12-2012, 04:34 PM

They need to allow NSFW stuff like tumblr and reddit if they want to grow.

By NSFW I don't only mean porn.

brassmonkey · 07-12-2012, 04:38 PM

since when is a half mill small??? most people in the usa don't have that in their bank account.

adultdomainseller · 07-12-2012, 05:07 PM

digg sucks

mafia_man · 07-12-2012, 05:10 PM

Quote:

Originally Posted by brassmonkey

since when is a half mill small??? most people in the usa don't have that in their bank account.

Since investors threw $45 mill at it and they had the chance to sell for $200 mill...

BareBacked · 07-12-2012, 05:16 PM

Quote:

Originally Posted by mafia_man

Since investors threw $45 mill at it and they had the chance to sell for $200 mill...

LOL exactly my thoughts.
Poor Kevin
ahah

VenusBlogger · 07-12-2012, 05:25 PM

only 500,000 ??? incredible... same sites with same traffic were sold for dozens of millions.. cant understand this.

The Porn Nerd · 07-12-2012, 08:18 PM

VERY very sad. I remember when Digg was dug by everyone. Sad.

Adios Digg.

mce · 07-12-2012, 08:22 PM

Talk about pissing off your core community and getting left sucking dust. If Twitter doesn't stop pissing off its API developer community, there's a strong chance it might end up like another Digg http://www.ereviewguide.com/news/201...pace-and-digg/

Digg used to be a lot of fun. It was also the fastest way to get indexed. Too bad they nofollowed those submitted links and it all went downhill from there very quickly.

mce · 07-12-2012, 08:28 PM

Quote:

Originally Posted by pompousjohn

Most of the traffic at Digg nowadays is indian blog spammers. They really fucked up a good thing by alienating their userbase.

Here is a fairly detailed but sarcastic look at what actually happened in comic book form:

https://secure.flickr.com/photos/250...n/photostream/
https://secure.flickr.com/photos/250...38180/sizes/o/
http://www.flickr.com/photos/2503608...n/photostream/

Great way to sum it up and name drop some 'elite' names. LoL @ steve jobs eating vegan burrito

peterk · 08-11-2012, 08:30 PM

Quote:

Originally Posted by BareBacked

LOL exactly my thoughts.
Poor Kevin
ahah

I don't feel sorry for kevin he was a whinnying lilttle prick. he got what he asked for.

garce · 08-11-2012, 10:11 PM

Is this 2005? No. Who fucking cares. Digg? Lol!

mineistaken · 08-12-2012, 05:29 AM

Quote:

Originally Posted by mce

Digg used to be a lot of fun. It was also the fastest way to get indexed. Too bad they nofollowed those submitted links and it all went downhill from there very quickly.

Are you saying Digg was holding high mostly because of webmasters submitting their sites for do follow links? I thought majority of users were regular people who did not care if link was do follow or no follow ..

seeandsee · 08-12-2012, 06:59 AM

Digg and stumbleupon were good, now they are nothing

DamageX · 08-12-2012, 07:04 AM

Quote:

Originally Posted by peterk

I don't feel sorry for kevin he was a whinnying lilttle prick. he got what he asked for.

Uhm, actually no, he didn't.

He only got $500,000

mineistaken · 08-12-2012, 10:58 AM

7.000.000 visitors per month thats not bad. How much do they earn from one visitor? Even if its lousy 1 cent that would still make 70.000$/month. Plus all the brand. I think they got a great deal here.

adultmobile · 08-12-2012, 05:53 PM

If digg is $500,000 valued, someone should check facebook's price for reality

07-12-2012, 03:04 PM	#2
HomeFry Confirmed User Join Date: Jun 2006 Posts: 1,062	People still use Digg? I thought it went the way of MySpace when Reddit came out? __________________ Need Mushrooms Designed? Gimme-Website

07-12-2012, 03:34 PM	#5
ottopottomouse She is ugly, bad luck. Industry Role: Join Date: Jan 2010 Posts: 13,177	things peak then fizzle, they missed the boat massively. __________________ ↑ see post ↑ 13101

07-12-2012, 04:38 PM	#13
brassmonkey Pay It Forward Industry Role: Join Date: Sep 2005 Location: Yo Mama House Posts: 77,055	since when is a half mill small??? most people in the usa don't have that in their bank account. __________________ TRUMP 2025 KEKAW!!! - The Laken Riley Act Is Law! DACA ENDED - SUPPORT AZ HCR 2060 52R - email: brassballz-at-techie.com

07-12-2012, 08:18 PM	#18
The Porn Nerd Living The Dream Industry Role: Join Date: Jun 2009 Location: Inside a Monitor Posts: 19,536	VERY very sad. I remember when Digg was dug by everyone. Sad. Adios Digg. __________________ My Affiliate Programs: Porn Nerd Cash \| Porn Showcase \| Aggressive Gold Over 90 paysites to promote! Now on Teams: peabodymedia

07-12-2012, 08:22 PM	#19
mce Confirmed User Industry Role: Join Date: Jun 2012 Location: All Over Posts: 3,917	Talk about pissing off your core community and getting left sucking dust. If Twitter doesn't stop pissing off its API developer community, there's a strong chance it might end up like another Digg http://www.ereviewguide.com/news/201...pace-and-digg/ Digg used to be a lot of fun. It was also the fastest way to get indexed. Too bad they nofollowed those submitted links and it all went downhill from there very quickly. __________________ Pay Virtual Assistants Based on RESULTS instead of TIME STOP getting FUCKED IN THE ASS by your VA

07-12-2012, 03:07 PM	#3
Klen Industry Role: Join Date: Aug 2006 Location: Little Vienna Posts: 32,235	Looks like reddit have only slightly more traffic then digg.

07-12-2012, 03:25 PM	#4
V_RocKs Damn Right I Kiss Ass! Industry Role: Join Date: Dec 2003 Location: Cowtown, USA Posts: 32,405	Should have sold it back in 2007 to someone for $250,000,000

07-12-2012, 03:35 PM	#6
The Dawg Confirmed User Join Date: Apr 2002 Location: State Of Bliss Posts: 2,438	Wow, thats crazy.

07-12-2012, 03:41 PM	#7
lucas131 ¯\_(ツ)_/¯ Industry Role: Join Date: Aug 2004 Posts: 11,475	wow, it sure still have some traffic

07-12-2012, 03:45 PM	#8
oppoten NAME THE JEW Industry Role: Join Date: Nov 2007 Posts: 4,793	Unbelievable how quickly things change. Here's hoping the same happens to Google and Facebook, but I'm not holding my breath.

07-12-2012, 03:53 PM	#10
His Infernal Majesty Confirmed User Industry Role: Join Date: Jul 2004 Location: Philadelphia Posts: 469	Wow, that is unbelievable!

07-12-2012, 03:55 PM	#11
iSpyCams Amateur Gynecologist Industry Role: Join Date: May 2009 Location: Medellin Posts: 4,436	Most of the traffic at Digg nowadays is indian blog spammers. They really fucked up a good thing by alienating their userbase. Here is a fairly detailed but sarcastic look at what actually happened in comic book form: https://secure.flickr.com/photos/250...n/photostream/ https://secure.flickr.com/photos/250...38180/sizes/o/ http://www.flickr.com/photos/2503608...n/photostream/

07-12-2012, 04:34 PM	#12
JosephFM Confirmed User Industry Role: Join Date: Feb 2010 Posts: 1,190	They need to allow NSFW stuff like tumblr and reddit if they want to grow. By NSFW I don't only mean porn.

07-12-2012, 05:07 PM	#14
adultdomainseller So Fucking Banned Industry Role: Join Date: Jul 2012 Posts: 155	digg sucks

07-12-2012, 05:25 PM	#17
VenusBlogger So Fucking Banned Industry Role: Join Date: Nov 2011 Posts: 1,540	only 500,000 ??? incredible... same sites with same traffic were sold for dozens of millions.. cant understand this.

08-11-2012, 10:11 PM	#22
garce Confirmed User Industry Role: Join Date: Oct 2001 Location: Toronto Posts: 7,103	Is this 2005? No. Who fucking cares. Digg? Lol!

08-12-2012, 06:59 AM	#24
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	Digg and stumbleupon were good, now they are nothing __________________ BUY MY SIG - 50$/Year Contact here

08-12-2012, 10:58 AM	#26
mineistaken See signature :) Industry Role: Join Date: Apr 2007 Location: ICQ 363 097 773 Posts: 29,656	7.000.000 visitors per month thats not bad. How much do they earn from one visitor? Even if its lousy 1 cent that would still make 70.000$/month. Plus all the brand. I think they got a great deal here.

08-12-2012, 05:53 PM	#27
adultmobile No, I am not banned Industry Role: Join Date: Nov 2003 Location: ChatGF.com Posts: 5,345	If digg is $500,000 valued, someone should check facebook's price for reality __________________ TubeCamGirl.com