Google Buying Digg for $200 million

[LotsOfZeros]

It's cool for Kevin Rose to pretend he's broke, to watch Diggnation you would think that he's a struggling student (probably a large part of the Digg demographic) rather than a multimillionaire.

It's genius really, keeps the Digg sheeple coming back and makes them his lemmings.

 

[tweak50]

I thought that digg still relied on angel funding to keep operating because its add revenue wasn't enough yet. That would really hinder how much money Kevin could make off of it at the moment. Revision3 on the other hand...

 

[johnmatrix]

i dont understand how it can cost millions in angel funding to run a website..

 

[Priority_Mail90]

i dont understand how it can cost millions in angel funding to run a website..

Bandwidth, redundant servers and other supporting infastructure costs worldwide. Management, Sales, Marketing and Development staff. Office space + equipment + legal.

Including taxes/insurance, you'll be lucky if staff costs are less that 133k per head * 20 is already $2.6m for a year. They probably have more staff than that combined with all the other expenses it's very easy to burn through the cash.

Bandwidth costs are also pretty huge, ffs look how many sites get crushed being on the Digg front-page.

 

[BigWill]

Management, Sales, Marketing and Development staff. Office space + equipment + legal.

Thats pretty much it. They hire 20 shitty employees out of college that equal one decent web grown person.

 

[alexbaldwin07]

He is working for Kevin Rose on Revision3 shows.

haha he made martin his bitch

 

[jakecohen]

Wow. That's fucking cool. With their amazing coders, Google is sure to add some spice to Digg.

 

[Rage9]

Here comes the.... Digg slapps. No front page for you!

 

[HarveyJ]

Here comes the.... Digg slapps. No front page for you!

Actually, this is one of my greater fears.
Digg works nicely for some of the physical products I push, particularly nerd oriented ones... The possibility of Digg slaps actually freaks me out a bit.

 

[stormbreaker]

This is really old news, the deal never went through, we can all breath easy now.

 

[Flyboy]

Here comes the.... Digg slapps. No front page for you!

Come back 1 YEAR!!

 

[Hellen]

Google is trying to dominate the world but too bard they can't dominate every market related to the internet. I hate Google! Cause they pay low on most terms. Affiliate marketing is much more tasteful. They give back what you product

 

[Unarmed Gunman]

Google is trying to dominate the world but too bard they can't dominate every market related to the internet. I hate Google! Cause they pay low on most terms. Affiliate marketing is much more tasteful. They give back what you product

Engrish, Motherfucker - do you speak it?

 

[overlordror]

There are two kinds of people in this world. Those who hate Google, and those who don't.

 

[BluuueJammm]

There are two kinds of people in this world. Those who hate Google, and those who don't.

And you're a fucking retard, let this thread die, it's over a month old, and it never went through.

 

[overlordror]

And you're a fucking retard, let this thread die, it's over a month old, and it never went through.

Excuse me? I'm not the one who resurrected the thread. Perhaps you should be calling that person the 'fucking retard'.

 

[amanda11]

I'M RICH, BITCH!

-Kevin Rose

You think he would get a hair cut now that he has 18 mil.