Translation: nobody wanted to buy it, so we took it off the market.
Granted, it's been about a year since I last used Digg, but it had really turned into a cesspool of stupid/useless/gamed links. Digg, Reddit, etc. all seem to have passed the apex of their value curves.
i don't think so. those other sites are motivated by maximum users and pageviews. the management around these parts are motivated by quality and high signal-to-noise, and actively discourage trolls and discord.
I think they are right: there is potential for digg to become big. Too bad the IPO market is so screwed at the moment.
We need more independent companies and less of the ones that are selling at the first opportunity. I don't want to live in a world where the only chance of success is selling to one of five big companies.
Hmm, I'm gonna make one of those positive digg comments I'm so well known for (not). There is a potential for a shakeout, they have lots of money to weather the storm, an established brand, traffic, revenue - it may happen.
Digg's a legitimate brand, courted by all the established media entities.
8 months ago, the Tribune company assembled a strike force tasked with figuring out a way to game digg to get their content out there. How many other startups are changing how people in other businesses hire and operate like that?
They may not have figured out how to be self-sustaining, but there's enough people with cash trying to get in with them that they'll find something eventually.
Sure. Pageviews/1000 x cost per thousand impressions = Payout.
Sure there's cost per click ads, affiliate links etc, but display ads are still a big force out there and as long as that's true, then Digg's powerful.
Huffington Post does monster numbers. They're also on the front page of Digg all the time for rewriting other people's reporting. Digg drives a lot of traffic their way, but how many of those people stick around and engage?
Granted, it's been about a year since I last used Digg, but it had really turned into a cesspool of stupid/useless/gamed links. Digg, Reddit, etc. all seem to have passed the apex of their value curves.